HeadlinesIMF identifies flaws in Pakistan’s budget practices, calls for tighter fiscal controls
Report highlights unchecked supplementary grants accounted for 22% of budget, need for robust financial management reforms
Nov 19, 2024
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Headlines
HeadlinesMoody's warns of rising social risks as Pakistan's interest costs to hit 40% of spending in FY2025
Debt affordability, food security remain key challenges amid IMF conditions
Nov 19, 2024
HeadlinesTelenor Microfinance Bank secures $10mn equity boost, Easypaisa gears up for digital banking launch
Shareholders reaffirm commitment to financial inclusion as TMB posts 374% YoY profit growth
Nov 19, 2024
HeadlinesGovt to unveil new economic roadmap, no new taxes planned, says Finance Minister
Finance Minister assures no new taxes to cover revenue shortfalls, highlights positive economic indicators and ongoing reforms.
Nov 18, 2024
HeadlinesPM Shehbaz Sharif vows strict action against tax evaders and abettors
Prime Minister urges swift measures to bring tax dodgers to justice, while highlighting economic progress and reforms.
Nov 18, 2024
HeadlinesFauji Fertilizer raises offer price to acquire Agritech shares amidst competition
The revised bid increases the offer price for Agritech shares from Rs. 38.84 to Rs. 39.05, reflecting a strategic response to Maple Leaf Cement’s competing bid.
Nov 18, 2024
HeadlinesPakistan's power generation rises 7% in Oct
However, on a monthly basis, generation drops by 17.8% from 12,487 GWh (17,343 MW) in September
Nov 18, 2024
HeadlinesPakistan's cotton arrivals decline 33.6% YoY
Cotton arrivals see a slight uptick from 3.10 million bales on October 18 to 4.29 million bales by November 3, but the trend remains significantly below expectations
Nov 18, 2024
World Business NewsBluesky sees user surge as discontent grows with Elon Musk's X
Platform aims for a friendlier space and interoperability beyond social networking
Nov 18, 2024
HeadlinesPakistan’s REER rises to 100.86 in October, signaling export competitiveness concerns
State Bank reports 2.25% monthly appreciation in REER; NEER shows marginal monthly gain
Nov 18, 2024
HeadlinesAGPR to revamp tax adjustment system for salaried individuals, pensioners
New SAP module updates aim to streamline tax credits and reduce refund delays
Nov 18, 2024
HeadlinesSenior bureaucrats, police officials allotted prized plots in Islamabad at decades-old rates
National Police Foundation grants E-11 plots at outdated prices, sparking controversy over fairness and policy adherence
Nov 18, 2024