Three major agendas of 7th NFC Award remain unfulfilled
ISLAMABAD: As the government has moved ahead with the much-delayed 8th National Finance Commission Award, it needed to review the failures of the previous award...
IMF delegation calls on Imran Khan, PPP leaders ahead of board meeting
The meeting was attended by IMF country chief Nathan Porter who joined virtually and Resident Representative Ester Perez Luiz
Pakistan’s economy ranked 131st freest globally: Report
LAHORE: Pakistan has achieved an economic freedom score of 54.4 in the “Economic Freedom Index” 2018 conducted by the Heritage Foundation.
Pakistan’s economy was ranked...
PEW lauds PM’s plan for rationalised tax regime
ISLAMABAD: The Pakistan Economy Watch (PEW) on Thursday lauded Prime Minister Imran Khan for initiating radical changes in the tax administration to make it...
KP assigns 19 departments to collect Rs49.2bn revenue for FY21
PESHAWAR: Khyber Pakhtunkhwa (KP) government has assigned responsibility to 19 departments to collect revenue estimated at Rs49.2 billion for FY21.
The provincial government has set...
PSO faces severe financial crunch, as Rs200 billion bond issuance delayed
State-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss
Exxon Mobil’s exit to jeopardise Pakistan’s LNG plans
ISLAMABAD/LONDON: Exxon Mobil has pulled out of a major project in Pakistan, in a potential blow to plans to boost imports of liquefied natural...
UAE has assured to steer Pakistan out of current economic crisis: Petroleum Minister
On Sunday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said the United Arab Emirates (UAE), would build an oil refinery in Pakistan, and talks for the huge investment had been finalised during the visit of Crown Prince Sheikh Mohamed bin Zayed Al Nahyan
Govt faces challenges in presenting budget due to dearth of LSM data
ISLAMABAD: The government could face difficulties in presenting an authentic budget due to dearth of Large-scale Manufacturing (LSM) data for the financial year 2017-18.
The...
ECC allows import of cotton from Afghanistan
Commerce ministry asked to establish a permanent quarantine facility for cotton that is imported through land route
Committee approves Rs1bn for payment of...
Budget 2018-19: An unsurprising Rs5.9tr populist budget
ISLAMABAD: Despite strong objection by opposition parties in the National Assembly (NA), the federal government on Friday presented the record 6th budget for the financial...
Dar directs FBR to incorporate tax proposals on urgent basis
The Finance Minister Ishaq Dar on Thursday asked the Federal Board of Revenue to incorporate tax proposals on urgent basis for the federal budget...
FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow from the...
Exports remained flat during FY 2016-17: SBP report
Islamabad: The State Bank of Pakistan on Friday outed data relating to export destination wise receipts for financial year 2016-17, which gave a detailed...
Govt making efforts for opening of industrial, construction sectors: Omar
Minister for Power Omar Ayub Khan has said that Pakistan Tehreek-e-Insaf (PTI) government is making all out efforts for opening of industrial and construction...
