First External Account Surplus for Pakistan in Four Years; Current Account positive at $99mn

The Mint PK

Comprehensive source of Business, Lifestyle and Technology news from Pakistan

Foreign Remittances Stagnant in October 2019

Pakistani workers in foreign countries sent US$ 7.478 billion in the first four months (July-October) of FY2020, in contrast with US$ 7.6 billion remitted during the same period in the last year. In the month of October 2019, the worker's remittanc

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Sindh to get $75 million from ADB for Education

The Asian Development Bank mentioned on Monday that it has finalized to a $ 75 million loan for a project in the education sector in Sindh. As per the statement released by ADB, the Manila-based credit agency said that the project focused to impro

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IMF Sends Mission to Review Pakistan’s Progress

In an uncertain political situation, the International Monetary Fund has sent a review mission to assess Islamabad's performance in implementing a bailout package. Pakistan is optimistic to receive the next tranche of approximately $460 million. The

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PM Invites Investors to invest in CPEC Projects

PM Imran Khan invited different companies for joint investment in various sectors under the China-Pakistan Economic Corridor (CPEC). PM Imran Khn inaugurated the 1,320-megawatt Chinese Hub Power Plant in Baluchistan last week. During the opening cere

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Provinces reluctant to gather data on Benami Properties

The action taken by the Pakistan’s Tehreek-i-Insaf (PTI) government with great enthusiasm against Benami property owners suffered a setback in the first three months of the current year as the provinces responded poorly. The deadline for gathering i

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