Economy tightened: Monetary Policy at 15% after a 125 bps hike

KARACHI: The Monetary Policy Committee (MPC) at the State Bank of Pakistan (SBP) has decided to hike the policy rate by 125...

Economy on right track, 5pc growth to be achieved: Tarin

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin Sunday said that economy was on the right track to post an inclusive and...

Govt gets ‘mini-budget’ & SBP amendment bill passed in NA

ISLAMABAD: Federal government Thursday got the Finance (Supplementary) Bill 2021, also called as 'mini-budget' by the opposition parties, sail through the National...

PM summons cabinet meeting to discuss Finance Supplementary Bill 2021

ISLAMABAD: The Prime Minister has summoned a special meeting of the Federal Cabinet on Thursday, December 30, to discuss the Finance Supplementary...

Govt mulling granting citizenship to foreign investors

ISLAMABAD: The Government of Pakistan (GoP) is considering granting residency/citizenship to those foreigners who bring investment in the country. According to reliable...

Exports up 27.4pc YoY in September: Razzak Dawood

Adviser to the Prime Minister on Commerce, Abdul Razak Dawood announced on Monday that exports grew by 27.4% to $2.41 billion in...

HBL, DIBPL join hands to become lead advisors, arrangers for Eighteen

Karachi: HBL and Dubai Islamic Bank Pakistan Limited (DIBPL) joined hands as mandated lead advisors and arrangers for Eighteen (Elite Estates Pvt....

Breaking the habit: will the government let the rupee go?

Trying to control the exchange rate has been one of Pakistan’s biggest macroeconomic policy blunders since Partition. Will the Imran Khan Administration break the cycle, or will they fall prey to their baser instincts?

Pakistan’s regional exports increase up to 20.5pc in July FY22

ISLAMABAD: Pakistan’s exports to the seven regional countries witnessed an increase of 20.50 per cent in the first month of the current...

NA passes Act to attract FDI in tech sector

ISLAMABAD: The National Assembly (NA) has passed the Special Technology Zone Authority Act, 2021 to attract foreign direct investment (FDI) in the...

‘Too many questions’: IPR deconstructs budget targets, claims

LAHORE: Non-profit policy think tank Institute for Policy Reforms (IPR) Saturday questioned the sensibility of the targets and claims made by the...

KP businessmen laud govt for introducing ‘balanced’, ‘growth oriented’ budget

PESHAWAR: The business community here on Friday termed the federal budget for the fiscal year 2021-22 as ‘balanced’, ‘growth-oriented and ‘pro business'...

Government to borrow Rs2.74 trillion in FY21-22

ISLAMABAD: The federal government has planned to borrow Rs2.747 trillion (over $16 billion) gross foreign loans in the next fiscal year to...

Tax ordinance makes return filing mandatory for IT exporters

ISLAMABAD: The Tax Laws (Second Amendment) Ordinance, 2021, has made the filing of income tax return mandatory for people engaged in exporting computer...

Bilawal terms SBP ordinance ‘attack on national sovereignty’ 

KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has termed the recently-promulgated State Bank of Pakistan (SBP) ordinance as dangerous for...