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Return News is Pakistan's 1st business, industry, market and economy news aggregator. It brings Pakistan focused news from various national and international newspapers and news channels. For latest updates about economy and business landscape of Pakistan, please follow us.

LAHORE:  Punjab Governor Chaudhry Mohammad Sarwar has lamented that Pakistan’s economy has suffered massively due to iniquitous policies of the previous government. “The economy has suffered a lot and keeping this in view, the incumbent Pakistan Tehreek-e-Insaf (PTI) government has to take some tough decisions to put the economy back on...
ISLAMABAD: Pakistan’s total debt and liabilities have increased by almost Rs900 billion in a single day and Rs1.4 trillion since Aug 18 because of steep currency devaluation. Informed sources said the erosion in exchange rate by about Rs9.50 against dollar on Tuesday was a signal that the government was completing...
LAHORE: By stepping down Thursday, the 6 feet-5 inches tall Asad Umar became the fifth Pakistani Finance Minister to relinquish charge during the last 10 years or so, speaking volumes of the fact that putting the ailing Pakistani economy in an apple-pie order has not been a child's play...
Islamabad: The exports of leather products from the country increased by 8 percent during the first eleven months of the fiscal year 2017-18 as compared to the corresponding period of last year. Pakistan exported leather products worth $478.857 million during July-May (2017-18) against the imports of $443.430 million in July-May...
QUETTA: Balochistan Chief Minister Jam Kamal Khan has said that Gwadar Port can serve as the gateway for the landlocked Central Asian states by providing them access to maritime routes and a trade corridor for doing business with all countries of the world. According to a statement issued by the...
ISLAMABAD: Finance Minister Asad Umar on Tuesday said Pakistan had not yet decided to go for a bailout package from the International Monetary Fund (IMF). “Consultations on the current economic situation are under way, and a final decision in this regard will be taken after taking parliament on board,” Umar...
KARACHI: Pharmaceutical industry reported a sharp 18 percent fall in its profit to Rs10.7 billion during the financial year ended September, as rupee depreciation eroded its profitability margins, a brokerage reported on Monday. The pharmaceutical companies earned Rs13.1 billion during the previous financial year. Analyst Ahmed Lakhani at JS Global said...
Following a year-on-year decline in the acreage and output of the cotton crop, the government is taking immediate measures to arrest the trend and enhance the production of the silver lint. The cash crop is witnessing a gradual decline in production since 2005 due to a fall in the acreage,...
DUBAI: The UAE will remain an investment hub for Pakistanis who consider the Emirate second home and see huge potential to expand their businesses in the region, top executives and businessmen said. Speaking to Khaleej Times, officials and corporates said investors from Pakistan would continue to invest in the UAE’s...
ISLAMABAD: Pakistan’s total debt and liabilities have pushed up sharply and touched at Rs29.861 trillion or 86.8 percent of GDP till June 30, 2018 indicating that each individual living in the country owed Rs144256 on account of increasing debt burden, official data available with The News disclosed. The external debt...

Opinion

imf

IMF package

There are reports that an agreement with the IMF to support Pakistan with a ‘bailout package’ in the range of $6 to $8 billion...