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Pak forex reserves fall to $10.91 billion

LAHORE: Pakistan’s foreign reserves fell by $44 million to $10.91 billion in the week that ended on June 14, said the central bank on Thursday. Reserves held by the State Bank of Pakistan fell by $12...

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Pakistan terribly needs integrated energy model

LAHORE – Pakistan has to adopt suitable financing mechanism for energy efficiency improvement projects besides remodelling country’s overall energy demand and supply situation. An in-depth assessment...

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Pakistani Forex reserves drop below $7 billion mark

* A drop of more than $400 million recorded during one week By Mushfiq Ahmad KARACHI: Pakistan’s foreign exchange reserves dropped to $6.92 billion during the last week, down by more than $400 million...

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Pak Economy: Default — over my dead body?

Ali Ashraf Khan When Shaukat Tarin, another Citi banker and economic maverick was named advisor to P.M on Finance, the message was loud and clear that Pakistan’s economic prescription will continue in...

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