Finance

PM Shehbaz extends transport fuel subsidy by one month

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday extended the fuel subsidy for motorcyclists, public transport and goods transport by another month as he announced...

US-Iran war hit growth, oil bill surged to $800m: PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said that the war in the Middle East had impacted Pakistan's growth, with the oil bill surging...

FinMin says economy likely to grow around 4% this fiscal year

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan's economic growth will be about four per cent this fiscal year while speaking at the...

UAE quits OPEC and OPEC+ in huge blow to global oil producers group

ISLAMABAD: The United Arab Emirates said on Tuesday it quit the Organisation of the Petroleum Exporting Countries (OPEC) and OPEC+, dealing a heavy blow...

SBP raises interest rate by 100 basis points to 11.5%

KARACHI: In a move that defied market expectations, the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announced a sharp 100 basis point...

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