Remittances to Pakistan soar
Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of $2,966.51 million was received in the first five months (July-November, 2008) of the current fiscal year 2008-09, showing an increase of $ 379.44 million or 14.67 percent over the same period of the last fiscal year more... (D)
Government targets $20 billion foreign investment next year
Federal Investment Minister Senator Waqar Ahmad Khan has said that the government has fixed 20 billion-dollar target for foreign investment in 2009 to bring the country out of the current economic crisis. Pakistan needed over 40 billion-dollar investment and the government was optimistic to achieve the 20 billion-dollar target fixed for 2009, he stated this while talking to reporters here on Saturday more... (BR)
Tarin seeks public, private sectors' help to bring down inflation
Advisor to Prime Minister on Finance and Economic Affairs Shaukat Tarin has sought the help of federal Secretaries, provincial governments, and private sector to bring down inflation, after the failure of IMF-dictated tight monetary policy, sources told Business Recorder more...