LAHORE - The Pakistan Sugar Mills Association has appreciated the PML-N chief Mian Nawaz Sharif over his overwhelming victory in the elections 2013 in centre as well as in Punjab, hoping the new government will work for increasing exports particularly of sugar, which has great potential in the ...

WASHINGTON - The IMF said it met with Pakistani officials last week, but has not yet received a request for aid from the country, which faces a critical balance of payments situation.“Pakistan faces difficult economic challenges and we urge the authorities to begin taking the necessary ...

SWABI - It is imperative that the academia, research organisations and techno-industrial sectors should pool their resources of knowledge and experience to cope with the emerging challenges and steer the feeble economy of the country out of the crisis. This was stated by the speakers in the ...

The United States pledged one billion dollars to help stabilise Pakistan on Friday, at the start of a donors conference that the World Bank hopes will raise up to six billion dollars. Saudi Arabia also pledged up to 700 million dollars for Pakistan. Almost 30 countries met in Tokyo to pledge aid ...

Foreign Minister Makhdoom Shah Mehmood Qureshi said on Friday that Friends of Pakistan (FoDP) have pledged up to 5.28 bn dollars to help stabilise Pakistan in Tokyo ministerial meeting. Talking to a private TV, the foreign minister thanked all donor countries who extended their support to Pakistan ...

ISLAMABAD - The federal government here on Saturday ordered PASCO to procure 1 million tons rice paddy from the farmers to stabilise the price of the product in the market for the farmers and to save them from the industrialists' exploitation. The government felt it necessary to intervene in the ...

ISLAMABAD (Agencies) - Pakistan needs a capital infusion of $3-$4 billion 'up front' to stabilise its economy and bolster rapidly dwindling foreign currency reserves, said an economist serving on the Prime Minister's economic advisory council, Khaleej Times reported. Sakib Sherani said Pakistan ...

LAHORE (APP) - Economic experts have termed the resignation of Prevez Musharaf as a good omen for economic stability of the country creating new opportunities and challenges for the coalition government. The step has created a wave of expectations as a result the stock market has witnessed ...

KARACHI -President Karachi Chamber of Commerce & Industry (KCCI) Shamim Ahmed Shamsi, Senior Vice President Iftikhar Ahmed Sheikh and Vice President Muhammad Haroon Agar have lamented the government and the Governor State Bank of Pakistan for not adopting proper measures and offering no ...