Business
Business
Azerbaijan announces tax-free imports of rice from Pakistan
In a bid to stimulate the growth of mutual trade between the two countries, Azerbaijan announced a five-year tax exemption on rice…
US bans Huawei, ZTE equipment sales, citing national security risk
The Biden administration has banned approvals of new telecommunications equipment from China's Huawei Technologies and ZTE because they pose "an…
Black Friday deals are here, but not shoppers
The Thanksgiving turkey digested, shoppers were expected to turn out in record numbers to shop for Black Friday deals. However,…
Ghana plans to buy oil with gold instead of dollars
Ghana’s government is working on a new policy to buy oil products with gold rather than US dollar reserves. Vice-President…
Governer SBP confirms Pakistan to repay $1bn bond
State Bank of Pakistan (SBP) Governor Jameel Ahmad said that Pakistan will return a $1 billion international bond three days…
Monetary policy: The SBP likely to maintain the policy rate
The State Bank of Pakistan (SBP) will publish its key policy rate for six weeks. However, most economists predict that…
SBP’s reserves decreased by $134 million to $7.8 billion.
The foreign exchange reserves held by Pakistan's central bank decreased by 1.7% once more. According to data issued by the…
Pakistan’s exports move up by 35.7% in the first four months of the fiscal year 2022-23
The exports from Pakistan witnessed an increase of 35.77% during the first four months of the current fiscal year (2022-23),…
Pakistan flood recovery plan key to continued financial support: IMF
Pakistan's timely finalization of a recovery plan from devastating floods is essential to support discussions, and continued financial support from…