Tag: Interest
US diplomat claims Pakistan opening border with Afghanistan for Indian trade
United States’ Ambassador to Afghanistan John Bass has said that Pakistan is considering resumption of India-Afghanistan trade via its territory while adding that a political...
SC disposes off petition filed for elimination of interest system
The Supreme Court of Pakistan on Tuesday disposed off the petition filed for the elimination of interest system in the country.
A three-judge bench of...
Vested interest trying to sabotage peace talks: Fazl
JUI-F chief Maulana Fazlur Rehman has said hidden hands had started their nefarious endeavours to sabotage efforts to promote peace and harmony in Pakistan.
Addressing...
Pakistan to pay $4.6b in interest to IMF
Pakistan’s current account balance dipped by a significant 51 percent in the FY13, and thus the interest payment of $4.6 billion to the IMF...
IMF extends zero interest rates on poorer-country loans
The International Monetary Fund(IMF)has approved a two-year extension to the zero interest rates charged on loans to low-income countries.
The extension is part of a...
Pak asked to cut interest rates to spur growth
Tariq Mehmood, Director Pak-UK Business Council and Chairman FPCCI Committee on Health has asked the government to cut interest rates in the upcoming SBP...
Germany on the road evinces keen interest
There are at least four German firms that are seriously looking at investing in Pakistan which shows that the security issue in the country...
Determination of upfront tariff in national interest: PM
Prime Minister Raja Pervez Ashraf has said that the determination of upfront tariff was of national interest and would pave the way for investors...
Jordanian envoy shows interest to expand trade relations with Pakistan
Pakistan and Jordan are enjoying historical good ties and we are very keen to further expand and deepen trade and economic relations with Pakistan.
This...
SBP slashes interest rate by 1.5 percent
The State Bank of Pakistan (SBP) has slashed discount rate by 150 bps to 10.5 percent for a period of two months, a very...
Industry demands mark up into single digit
Trade and industry has demanded of the government to reduce interest rate in the forthcoming Monetary Policy by the State Bank of Pakistan (SBP)....
Oh the horror! (Part II)
Banks haunting interest rate corridor by holding over Rs70bn excess cash
The central bank’s concern for ensuring a smooth functioning of the country’s interest rate...
NATO supply restored on basis of reconciliation: FO
Pakistan on Thursday again made it clear that restoration of NATO supplies had been made possible on the basis of reconciliation, however, no formal...
US has enormous stake in India’s emergence as global power
Noting that US President Barack Obama views India as one of his top foreign policy priorities, a senior White House official has said that...
National interest foremost in dealings with US: Sherry
Pakistan’s Ambassador in United States Sherry Rehman has said that Pakistan’s participation in the forthcoming NATO summit in Chicago, to focus on Afghanistan’s future...
No action will be taken against national interest: Gilani
Prime Minister Yousaf Raza Gilani has said that no action will be taken against national interest and integrity, adding that all the issues, including...
Govt upholding national interest supreme: PM
Prime Minister Yousaf Raza Gilani said on Friday that the government was upholding national interests supreme and taking all the stakeholders on board in...
