July-December current expenditures up by 33 percent
The country's current expenditures presented strong growth of 33 percent during the first half of current fiscal year due to the substantial rise in both current and development spending more... (BR)

‘Monetary policy fails to check inflation’
President of the Federation of Pakistan Chambers of Commerce and Industry Tanvir A Sheikh has said the projection of inflation at 8 per cent instead of 6 per more... (D)

Pakistan may issue exchangeable bonds
Pakistan is likely to issue exchangeable bonds in the international market before the fiscal year ends on June 30, instead of planned conventional dollar or Islamic bonds, official and banking sources said on Tuesday more... (D)

WB to help Achieve economic stability
The World Bank will continue to work with Pakistan to reduce poverty and achieve economic stability and welfare of the people more... (D)

Gilani says Pakistan facing 'serious' problems
The problems confronting Pakistan are 'serious' and the new coalition government will have to deliver by forging solutions in order to live up to the expectations of the people, Prime Minister Yousuf Raza Gilani said more... (BR)

Call for OIC action to avert food, water crisis
President Pervez Musharraf has urged the Muslim world to focus its energy on averting a looming crisis in the energy, water and food sectors more... (D)

Commission working on new privatisation plan
The Privatisation Commission will finalise in 10 days a plan to sell a number of state sector enterprises, including banks and power companies, by June 30 more... (D)

525 megawatts Chichoki Mallian project signed: Gilani vows to overcome power shortage
Prime Minister Yousuf Raza Gilani on Tuesday reiterated the resolve for provision of additional 2200MW of electricity within one year and said Wapda has already been given instructions to overcome power shortage in shortest possible time more... (BR)

Saudi-Pak Bank acquisition deal completed
The takeover deal of majority stake in Saudi-Pak Commercial Bank (SPCB) — a stock market listed company — by a consortium of International Finance Corporation (IFC), Bank Muscat more... (D)

$14.837 million towel products export orders lost
With increasing complaints from foreign buyers over the escalating prices of towel products, the country has lost foreign orders worth $14.837 million of towel products during July-February period of the current fiscal year, exporters said more... (BR)