EconomyPSX plunges on IMF accord uncertainty, disappointing budget
Uncertainty surrounding IMF agreement aprompted investors to adopt a wait-and-see approach
Jun 21, 2023
EconomyUncertainty surrounding IMF agreement aprompted investors to adopt a wait-and-see approach
EconomyThe IMF has raised concerns about certain measures proposed in FY24's budget that contradict conditions of EFF programme
EconomyIssue persists even after an ex-parte amendment Income Tax Ordinance, 2001 (the Ordinance), in March 2021
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HeadlinesOrder cites non-compliance with eligibility criteria outlined by Finance Division's office memorandum
HeadlinesPM Shehbaz had announced arrival, unloading of first Russian discounted crude oil cargo last week
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Economy
EconomyCommission to present policy proposals to the federal government, regarding the privatisation of state-owned enterprises
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EconomyAPTMA, steel manufacturers and juice companies express grievances over the federal budget