Economic and Finance News
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Non-performing loans down by Rs 7.68 billion
ISLAMABAD (November 12 2002) : Though mild but encouraging signals from banking sector have been recorded as the non-performing loans…
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Dr Ishrat Hussain given 3-year extension as State Bank of Pakistan governor
ISLAMABAD (November 12 2002) : President Pervez Musharraf has approved three-year extension for Dr Ishrat Hussian as Governor, State Bank…
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Rupee strengthens by about two percent versus dollar in July-October
KARACHI (November 11 2002) : The rupee in July-October 2002 period strengthened by approximately 2 percent against the dollar after…
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Regulatory authority and ministry at odds over power tariff hike
ISLAMABAD (November 11 2002) : The National Electric Power Regulatory Authority (Nepra) has locked horns with the Ministry of Water…
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Public Accounts Committee criticises auditing procedure of ministries, government departments
ISLAMABAD (November 11 2002) : The Public Accounts Committee has strongly criticised the auditing procedure of ministries and government departments…
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Some take-overs to be seen after issuance of ordinance
KARACHI (November 11 2002) : The corporate sector specially the Karachi Stock Exchange (KSE) is likely to see some take-overs…
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Moneychangers observe countrywide strike
KARACHI (November 09 2002) : Moneychangers on Friday observed countrywide strike, protesting against rising incidents of killing and robbery. Demanding…
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National Bank earns Rs 1.664 billion in 9 months
KARACHI (November 09 2002) : The profits of National Bank of Pakistan Ltd., surged tremendously and posted an increment of…
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Foreign exchange reserves up by $10 million
KARACHI (November 09 2002) : Pakistan's foreign exchange reserves have gone further up as the flow of remittances from the…
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IMF lauds Pakistan's fiscal consolidation, foreign exchange reserves position
ISLAMABAD (November 08 2002) : In the conclusion of Article-IV consultations, the IMF Executive Board has concluded appreciation for consolidation…
