News
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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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SEC: Ernst & Young Violated Rules
WASHINGTON (AP) – Federal regulators, after an initial failure, alleged for a second time Wednesday that Ernst & Young violated…
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With two top guys leaving, reforms and policing of corporate America thrown into disarray
WASHINGTON (AP) — Reforms and the policing of corporate America have been thrown into disarray at a critical time for…
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Andersen Points Blame at Bosses of Software Firm
Nov. 14–Accounting firm Arthur Andersen, in its answer to a $1 billion lawsuit filed by San Diego's Peregrine Systems, contends…
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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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Six of 29 Poverty Reduction and Growth Facility criteria not met
ISLAMABAD (November 13 2002) : Out of total 29 structural performance criteria and benchmarks under the Poverty Reduction and Growth…
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4.5 percent GDP growth, 4 percent inflation achievable for Pakistan: IMF
ISLAMABAD (November 13 2002) : IMF believes that 4.5 percent GDP growth and 4 percent inflation target, set in the…
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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…
