EconomyIMF urges Pakistan to reevaluate fiscal distribution framework
Calls for reopen discussions on National Finance Commission award amid concerns over federal-provincial imbalances.
Mar 14, 2024
Monitoring Report
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Economy
HeadlinesGovt forms committee to trim expenditures, pension bill
Committee's responsibilities include scrutinizing pension schemes, development spending
Mar 14, 2024
Headlines18 Pakistani companies showcase textile expertise at Yarn Expo in China
Contingent exhibits its latest products and innovative technologies, attracting significant interest from global buyers
Mar 13, 2024
HeadlinesPunjab govt greenlights Rs100bn Nawaz Sharif Innovation City
Project aims to generate one million jobs and transform Lahore’s economic landscape
Mar 13, 2024
EconomyAurangzeb’s appointment is a positive step in right direction: Bloomberg
Sharif’s return increases the chances of securing a new IMF package, says analyst
Mar 12, 2024
HeadlinesFIA probes unauthorised imports, operational anomalies in LPG sector
Inquiry initiated after the SIFC requested a thorough investigation based on complaints from individuals in LPG business
Mar 11, 2024
HeadlinesPIA privatisation process requires comprehensive 30-step plan
A significant hurdle in the process involves obtaining NOCs from around 35 lenders
Mar 11, 2024
HeadlinesFBR slaps 25% sales tax on high-end local vehicles
New tax rate applies to vehicles priced over Rs 4 million
Mar 9, 2024
HeadlinesIMF offers support in formulation of economic plan for Pakistan
Encourages the fair and peaceful resolution of all electoral disputes
Mar 8, 2024
HeadlinesMoody's upgrades outlook on Pakistan's banking sector to stable
Agency anticipates the country's economy will grow by 2% in 2024, with inflation expected to decrease from 29% to 23%
Mar 7, 2024
World Business NewsSaudi Arabia hikes oil prices for Asia, lowers for Europe
Prices for sales to the US kept unchanged
Mar 6, 2024
HeadlinesPakistan gets only $1.4bn out of pledged $11bn for flood relief
Country looks at the IMF to increase loan size and include climate financing as disbursement of flood relief funds falls short of its needs
Mar 6, 2024