Pakistan’s upcoming federal budget is expected to offer limited broad-based relief despite a stronger macroeconomic backdrop, as revenue and primary surplus targets linked to the International Monetary Fund force the government to prioritise fiscal consolidation, taxation and…
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Pakistan aims to double trade with UAE within three years
Advisor to the Finance Minister Khurram Schehzad, delivers his speech at the Pakistan Finance Conference Middle East in Dubai. — Reporter
DUBAI: Pakistan is aiming to double its trade with the United Arab Emirates to 20 billion US dollars within the next three years, said…
Saudi, Iraqi companies halt crude sales to Indian refiner, say sources
Logo of Nayara is seen at its fuel station on the outskirts of Ahmedabad, India, November 16, 2022. — Reuters Nayara misses 3m barrels monthly supply from Gulf exporters. Sanctions create payment issues for Iraqi crude oil purchases. Nayara refinery runs at 70–80% capacity…
FinMin says Pakistan’s economy stabilising, expects 3.5% GDP growth this year
An undated image of Finance Minister Muhammad Aurangzeb speaking during an interview. — AFP/FileSays inflation has fallen to single digits, policy rates have eased.Highlights forex reserves cover good for 2.5 months of imports.All 3 rating agencies have upgraded Pakistan’s…