ECC seeks revenue impact of withdrawal of duties on cotton imports
ISLAMABAD: As the government is already facing a revenue shortfall of Rs125 billion during the past six months due to the relaxation...
Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
Finance Division clarifies news about current account deficit
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.
IMF approves $6bn package for Pakistan
–IMF will review Pakistan’s performance quarterly over 39 months, phasing release of the additional aid over time
–Spokesperson says Fund has released $1bn...
SBP calls for deep-rooted structural reforms to ensure economic stability
--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19'
While Pakistan’s economy moved along the
stabilization phase led...
SBP raises interest rate by 100bps to 13.25pc
--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation
KARACHI: The State Bank of Pakistan...
Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters
The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.
Chinese debt burden: Facts and Fiction
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
Govt again claims friendly countries will come through ‘in few days’
Minister for Planning and Development Ahsan Iqbal on Wednesday said that Pakistan is likely to get confirmation of economic assistance from friendly...
SCCI backs traders’ call for strike against ‘unfair taxation’
PESHAWAR: The Executive Committee of Sarhad Chamber of Commerce and Industry (SCCI) has announced complete support to the traders’ strike against the...
Dramatic redesign of Pakistan’s economic policies required to accelerate growth over 25 years
Pakistan’s economy is a major subject getting talkability amongst experts along with the general audience. Netizens, journalists alongside the youth are raising...
Cabinet committee on CPEC accorded approval for next JCC
No new energy projects being proposed for the 8th JCC
PM Shehbaz Sharif admits that politicians are responsible for the current “mess”
ISLAMABAD: On Tuesday while announcing the Rs 5 billion Ramzan Relief Packages, Rs 3.24 billion less than last year, Prime Minister acknowledged...
EU takes Pakistan off its “List of High-Risk Third Countries”
The European Union (EU) has removed Pakistan from the “List of High-Risk Third Countries” after which Pakistani businesses and individuals will no longer...
Chinese envoy meets PM; says next CPEC stage to focus on investing, buying more from Pakistan
ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on Thursday and said the next stage of China Pakistan...