Finance
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Four percent cut likely in prices of oil products on November 15
KARACHI (November 14 2002) : Oil Companies Advisory Committee (OCAC) might reduce oil products prices by as much as 4…
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Pakistan State Oil bidders ask for pre-bid moot in December
KARACHI (November 16 2002) : The prospective bidders of Pakistan State Oil Ltd have requested the government to hold a…
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IMF completes fourth review of PRGF: fiscal deficit remains much below at Rs 44 billion
ISLAMABAD (November 21 2002) : The International Monetary Fund has completed fourth review of the Poverty Reduction and Growth Facility…
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Privatisation calendar up to April 2003 outlined
ISLAMABAD (November 14 2002) : The Cabinet Committee on Privatisation (CCOP) outlined a calendar for privatisation of various entities up…
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$1.23bn surplus in July-Sept balance of payments
KARACHI (November 14 2002) : Pakistan's balance of payments posted a surplus of $1.23 billion in the first quarter ended…
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IMF informed of Karachi Electric Supply privatisation uncertainty
ISLAMABAD (November 13 2002) : The government has informed the visiting mission of International Monetary Fund (IMF) that privatisation of…
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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…
