Posts Tagged ‘finance’

Pakistan cricket finances hammered by canceled tours: official

Pakistan cricket finances hammered by canceled tours: official

ISLAMABAD: Pakistan cricket is on the verge of bankruptcy and needs concrete efforts to restore its coffers after Australia and India cancelled their tours, a top official said on Tuesday.
India last month refused to send its team to Pakistan amid heightened tensions following the November attacks on its financial hub Mumbai, which New Delhi has [...]

January 14, 2009 Business, Sports 0 Comments

Pakistan’s banking sector remains strong: report

Pakistan’s banking sector remains strong: report

KARACHI: The Pakistani banking sector has remained remarkably strong and resilient during the last 18 months but the excessive dependence of economy on banking system is quite stark in comparison with the other emerging economies, said Financial Stability Review 2007-08 released by the State Bank of Pakistan (SBP) here.
Pakistan’s banking sector has remained remarkably strong [...]

January 4, 2009 Business, News 0 Comments

Pakistan meets all IMF targets

Pakistan meets all IMF targets

KARACHI, (APP): Advisor to PM on Finance Shaukat Tarin said Saturday that the country has met all the targets set by International Monetary Fund (IMF). He was talking to media after holding meeting with the management of Pak‑Oman Investment Company Ltd at FTC building. He said that the government borrowing was restricted to Rs 242 [...]

January 4, 2009 Business, News 0 Comments