IT has been a long wait. It seems that the IMF is still refusing to budge, even as Pakistani authorities thought the bailout loan would be finalised and the long-stalled funding programme resumed after confirmation of the promised financial assistance from Saudi Arabia and UAE. That the demand from the IMF for further assurances to seal the deal came just around the time Prime Minister Shehbaz
1- NBP’s role in agri 2- Webinar on citrus pests 3- PJBF elects new board 4- SECP’s ballot amendments 5- OGDCL Parco MoU 6- UBL’s AML measures
Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer. Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while US West Texas Intermediate crude was at $82.47 a barrel, down 6 cents. Both contracts notched their fourth weekly gain last week - the longest-such streak since mid-2022
India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties that have flourished since war broke out in Ukraine. The FTA talks mark a step-up in economic relations between the two countries despite calls from Western countries for India to gradually distance itself from its dominant weapons
Large-scale manufacturing (LSM) shrank 11.6 per cent in February over the same month last year causing massive layoffs, especially in export-oriented textile industries, showed data released by the Pakistan Bureau of Statistics on Monday. The slowdown in industrial output is mainly contributed to the textile and clothing industries because exports from the sector posted double-digit declines. I