Economy
Geneva: According to the EU Aid Explorer website, EU financial support (from the institutions and the Member States, including the UK) for Pakistan between 2014 and 2019 amounted to more than EUR 4 billion. more
CPEC project: Pakistan to seek USD 2.7 billion loan from all-weather friend China

Islamabad:  Pakistan on Friday decided to seek $2.7 billion in loan from China for the construction of package-I of the Mainline-1 project of China Pakistan Economic Corridor (CPEC), ...

Almost half of Pakistani people blames Imran Khan govt for inflation: Survey

Islamabad: A recent survey has shown that  49% of Pakistanis believe that the PM Imran Khan-led government is responsible for inflation in the country. 

Amid troubles with Saudi Arabia, Pakistan is now facing gas shortfall

Islamabad: Pakistan's Minister for Energy Omar Ayub Khan has said the country is currently facing a gas shortfall of about 3.5 billion cubic feet per day (BCFD) and Sindh will also be ...

Saudi Arabia defers to renew pact to supply oil to Pakistan on deferred payments

Islamabad: Saudi Arabia has not renewed an agreement with Pakistan which will allow oil supplies on deferred payments after that pact expired two months back, media reports said.

COVID-19 and economic revival: Pakistanis not permitted to enter EU as borders set to reopen

Brussels: Pakistan economic revival plans received a jolt as the country has not been included in the draft list of 54 countries that will benefit from the reopening of the European Union ...

Experts believe Beijing’s China Pakistan Economic Corridor will soon be a “trillion dollar blunder"

Tel Aviv: The China-Pakistan Economic Corridor (CPEC), a flagship of China's imperialistic and expansionist agenda under its Belt and Road Initiative, will soon be turning into a &ldq ...

Experts blame Pak policymakers' complacency for 'depressingly wrong' trading ability with China

Karachi: Blaming the complacency of the policymakers and exporters, experts believe that Pakistan's trading abilities have been 'depressingly wrong' so far as it's dealing ...

Pakistan's economy likely to perform worse than previous estimates: World Bank

Islamabad: Pakistan’s economy would actually perform even worse than what previous estimates had warned about, the World Bank, citing the Covid-19 fallout, forecast on Monday.

IMF asks Pakistan to freeze salaries of govt employees

Islamabad: The International Monetary Fund has asked cash-strapped Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal pri ...