Economic and Finance News
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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…
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Six of 29 Poverty Reduction and Growth Facility criteria not met
ISLAMABAD (November 13 2002) : Out of total 29 structural performance criteria and benchmarks under the Poverty Reduction and Growth…
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4.5 percent GDP growth, 4 percent inflation achievable for Pakistan: IMF
ISLAMABAD (November 13 2002) : IMF believes that 4.5 percent GDP growth and 4 percent inflation target, set in the…
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US funding $7.300 million Western Border Security Project: minister
LAHORE (November 12 2002) : Interior Minister Moin Uddin Haider said that the United States of America is funding $7.300…
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Corporate results show healthy growth in profits, demand
KARACHI (November 12 2002) : The corporate results announced at the Karachi Stock Exchange (KSE) for the quarter ended September…
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Non-performing loans down by Rs 7.68 billion
ISLAMABAD (November 12 2002) : Though mild but encouraging signals from banking sector have been recorded as the non-performing loans…
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Dr Ishrat Hussain given 3-year extension as State Bank of Pakistan governor
ISLAMABAD (November 12 2002) : President Pervez Musharraf has approved three-year extension for Dr Ishrat Hussian as Governor, State Bank…