Finance

Fuel crunch brings Rs27 petrol shock from govt

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday jacked up prices of both high speed diesel and petrol by Rs27 per liter despite no increase...

Pakistan repays $3.45bn to UAE, central bank confirms

KARACHI: Pakistan repaid the $3.45 billion deposit to the United Arab Emirates, the State Bank of Pakistan confirmed on Friday. The central bank said the $1bn...

Pakistan gets $1bn Saudi inflow as second tranche of $3bn deposit

KARACHI: The State Bank of Pakistan (SBP) confirmed on Tuesday that Pakistan has received $1 billion from the Kingdom of Saudi Arabia. “State Bank of...

Aurangzeb praises Beijing’s backing of Pakistan’s IMF programme in talks with Chinese counterpart

ISLAMABAD: Finance Minister Muhammad Aurangzeb appreciated China’s support in facilitating Pakistan’s engagements with the International Monetary Fund (IMF) in a meeting with his Chinese...

Pakistan, Saudi Arabia agree to extend $3bn deposit

ISLAMABAAD: Pakistan and Saudi Arabia on Friday signed an agreement to extend a $3 billion deposit from the Saudi Fund for Development (SFD). Saudi Arabia,...

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