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State Bank maintains policy rate at 5.75%

KARACHI, Pakistan: The Monetary Policy Committee, after detailed deliberations, has decided to maintain the policy rate at 5.75 percent. Pakistan economy posted notable improvements in...

Meat, meat products worth $269.122 million exported in FY 2015-16

ISLAMABAD, Pakistan: Meat and meat products exports during fiscal year 2015-16 witnessed an increase of 10.54 percent as compared to the exports of corresponding...

Industry to grow at 7.7% during current Fiscal year

ISLAMABAD, Pakistan: The Industrial sector of the country is expected to grow at 7.7 percent during the ongoing fiscal year 2016-17 compared to the...

Pakistan and Turkey hold third round of FTA negotiations

ISLAMABAD, Pakistan: The third round of Pakistan-Turkey Free Trade Agreement (FTA) negotiations was held at the ministry of economy in Ankara from July 25-27...

US is Pakistan’s largest bilateral export market: David Hale

KARACHI, Pakistan: The US Ambassador to Pakistan David Hale has said that the United States is Pakistan's largest bilateral export market. This he said...

Pakistan sets $35 billion exports target to boost industry

ISLAMABAD, Pakistan: The government has allocated Rs18 billion to multiply sales volumes upto $35 billion a year and stem the country's foreign trade, according...

Pakistan’s foreign exchange reserves cross $ 23 billions

KARACHI, Pakistan: The total liquid foreign reserves held by the country stood at US $23,084.9 million on July 1, 2016. In a statement on Monday,...

Uninterrupted gas, electricity supply to industries must for achieving economic targets

LAHORE, Pakistan: The Pakistan Muslim League-Nawaz (PML-N)-led federal government will have to ensure uninterrupted supply of gas and electricity to the industrial sector if...

Inflation slides down to 2.86 percent, lowest in 46 years

ISLAMABAD, Pakistan: The average inflation rate remained 2.86 percent during the fiscal year 2015-16 as compared to previous year which was the lowest in...

Brexit to improve foreign investment in Pakistan

ISLAMABAD, Pakistan: Islamabad Chamber of Small Traders on Thursday said Brexit will reduce remittances and exports while improve foreign investment in Pakistan. Volatile international currencies...

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