Business

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SBP cuts interest rate to 8.5 per cent

The State Bank of Pakistan (SBP) cut its key discount rate to 8.5 per cent from 9.5 per cent on Saturday, in line with analyst expectations and citing lower inflationary pressure due

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ECC approves export of 1.2m tons of wheat

The Economic Coordination Committee (ECC) of the Cabinet which met Friday under the chairmanship of Federal Minister for Finance Senator Ishaq approved export of 1.2 million tons of wheat out of the

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Govt diversifying energy mix: Dar

Finance Minister Ishaq Dar on Thursday said the government was promoting power generation from LNG and hydel and the country was diversifying its energy mix and moving from furnace oil and diesel

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