Finance
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Petroleum levy to remain up to December 31, 2004
ISLAMABAD (November 14 2002) : The government has announced that the current levy of Re 0.34 per litre on POL…
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IMF stresses need for 'contingency plan' to face various risks
ISLAMABAD (November 14 2002) : IMF has cautioned the economic managers against making loud claims regarding future projections of the…
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Loan period for letter of credit extended to six months
KARACHI (November 14 2002) : For the facilitation of exporters, the substitution of the Contracts, or LC, has been allowed…
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Foreign exchange reserves up to $8.637 billion
KARACHI (November 14 2002) : Pakistan's foreign exchange reserves have further improved by 95 million dollars in a week and…
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Four percent cut likely in prices of oil products on November 15
KARACHI (November 14 2002) : Oil Companies Advisory Committee (OCAC) might reduce oil products prices by as much as 4…
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IMF informed of Karachi Electric Supply privatisation uncertainty
ISLAMABAD (November 13 2002) : The government has informed the visiting mission of International Monetary Fund (IMF) that privatisation of…
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Commerce minister asks businessmen to get ready for post-WTO regime
LAHORE (November 13 2002) : Federal Commerce Minister Abdul Razak Dawood has asked the businessmen to prepare themselves to face…
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External debt stands at $36.5 billion
ISLAMABAD (November 13 2002) : Pakistan's total external debt was a little changed in the first three months of financial…
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Pakistan disappointed on Financial Sector Assessment mission delay
ISLAMABAD (November 13 2002) : The government showed disappointment that the IMF and the World Bank have again delayed the…
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IMF stresses need to rely more on market forces
ISLAMABAD (November 13 2002) : At end of June, 2002, about 40 percent of total financial savings were still channeled…
