Monitoring Report

Economy

According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters

Economy

The official who preferred anonymity said the entities were suffering losses to the tune of millions of rupees due to unavailability of utilities

Economy

The committee chairman pinpointed the demurrage costs paid by PSO had increased 10 times and had risen to $20.4 million in FY18 from $2.5 million in FY14, which needs to be reined in, he said

Economy

Under the Petroleum Policy 2012, an incentive package is available for onshore areas taking risk and investment requirements into consideration

Economy

Minister for Planning and Development Khusro Bakhtiar said on Thursday that the government was considering the possibility of finishing the $9 billion ML1 project of Pakistan Railways on a build-operate-transfer (BOT) basis

Economy

The IMF was apprised by the Pakistani authorities that the government was considering taking additional taxation measures of Rs100 to Rs125 billion via proposed changes in the Finance Act 2018 and enactment of additional customs duty and raising regulatory duty on import of luxury items

Economy

According to the formal sector, the creation of the third-tier helped to dent illicit cigarette trade from 41.2 percent to 33.3 percent in a span of one year

Headlines

This would result in the government suffering revenue losses to the tune of Rs6.7 billion if all the stakeholders reach a consensus over the recommendations put forth by SSGC

Headlines

If Pakistan agrees to obtain a bailout package from the IMF, the rupee would further plunge against the dollar and other major foreign currencies

Economy

A rise in regulatory and customs duties is amongst the recommendations which will allow 20 percent increase in the revenue collection for the government in its first year of power.