PM gives go ahead to five-year trade policy, says Dawood
–PM aide says new policy will focus on value-added sectors
–Says govt to focus on engineering, chemical sectors instead of textilesÂ
ISLAMABAD: The federal...
Establishment of National Tax Council approved to harmonise GST
ISLAMABAD:Â As suggested by the International Monetary Fund (IMF), the centre and provinces have finally agreed to establish a National Tax Council (NTC)...
Farmers urge govt to increase wheat support price to Rs1,600
'Instead of providing relief to rain-affected farmers, govt announced Rs20bn subsidy for rich millers'
Finance Division denies any cut in PSDP
The Ministry of Finance on Thursday denied a news report published in a section of the press suggesting and insinuating a “Rs100...
SBP reserves up $32m to $12.8bn
KARACHI:Â Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $32 million to $12,789.9 million during the week ending...
Foreign divestment in T-bills reaches $607m
KARACHI:Â Total gross divestment during March 2020 reached $606.5 million, according to data released by the State Bank of Pakistan (SBP).
Foreign investors divested...
NA committee defers five bills to protest finance adviser’s absence
ISLAMABAD: The National Assembly (NA) Standing Committee on Finance and Revenue had recently deferred five government’s bills to protest the absence of Adviser...
NA body directs FBR to expedite payment of refund claims
--Exporters say 'won't be able to continue their businesses owing to refund payments stuck with FBR'
--FBR official claims 'only those cases are...
Bloodbath at PSX; index plummets over 1,700 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodbath on Thursday, as the indices nosedived right from the word go, triggering...
Stocks, crude oil hammered after Trump bans travel from Europe
Equities and oil prices fell through the floor again on Thursday after Donald Trump banned all travel from Europe to the US...
‘Pakistan’s economic fundamentals strong enough to absorb coronavirus shocks’
--SBP deputy governor says Pakistan's supply chain with China will soon be restored as coronavirus cases there are coming down there
--Says fall...
KP development projects in a limbo due to shortage of funds
PESHAWAR: Khyber Pakhtunkhwa’s (KP) Home Affairs Department could not initiate work on some of the key projects of its annual development programme due...
Govt to facilitate construction sector for affordable housing, says PM
Imran inaugurates construction of 20,000 housing units in federal capital
ECC raises wheat support price to Rs1,400 per 40kg
Committee approves Rs20bn relief package to further the provision of subsidized electricity to five export-oriented sectors
Govt formulating three-year growth strategy to uplift economy: minister
ISLAMABAD:Â Planning, Development, and Special Initiatives Minister Asad Umar said on Wednesday that the government was formulating a three-year growth strategy, wherein the...