EU MEPs approve extension of Pakistan’s GSP status till 2027
ISLAMABAD: Members of the European Parliament (MEPs) have voted in favour of extending Pakistan's Generalised System of Preferences (GSP) status, along with...
NEPRA notifies Rs1.71 per unit hike in power price under FCA of August
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved an increase in the price of electricity by Rs 1.71 per unit on...
Govt raises Rs 557bn in short-term debt against target of Rs 600bn
Cut-off yields for the three-month, six-month and 12-month T-bills stood at 22.5%, 22.85%, and 22.84%, respectively.
Privatisation Minister meets World Bank rep
ISLAMABAD: The Federal Minister for Privatisation, Fawad Hasan Fawad has commented that the Pakistan International Airline (PIA) has emerged as the foremost...
Pakistan tightens control around Afghan Transit Trade; but why now?
Bans, processing fees, increased checks and bank guarantees slapped on Afghan imports
FBR collects Rs 63bn of surplus taxes in the first quarter of FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 2.04 trillion during the first quarter of the current financial year against...
Finance minister consults with financial markets about bringing investment through Private Funds
KARACHI: The caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar, chaired a meeting with the chairman of the...
Govt expects $700mn from IMF under SBA
Additional $450 million and $250 million expected from World Bank and IDB respectivelyÂ
COAS reaffirms resolve against smugglers and hoarders with IMF review around corner
The strongly worded statement comes in the wake of a crackdown against currency exchanges all over the country
Cabinet to approve new state-owned enterprises policy
ISLAMABAD: The federal cabinet is likely to approve State-Owned Enterprises Policy, 2023 to improve performance of loss making entities.Â
According to details, the...
Tax evasion of Rs 95mn detected by FBR intelligence directorate in coal sector
ISLAMABAD: Tax evasion worth Rs 95 million in the coal sector has been unearthed by the Directorate of Inland Revenue Intelligence &...
Proposals for economic revival plan delayed for second time
Cabinet committee yet to firm up proposals two weeks after the stipulated deadline
WB launches ‘Reforms for a Brighter Future’: Time to decide to contribute to the public debate on development policy priorities
PESHAWAR: The World Bank has launched a new program to foster debate on the critical development policy issues facing Pakistan. ‘Reforms for...
SBP grants In-Principle Approvals (IPA) to five digital banks. Who are they?
All digital retail banks DRBs now have 12 months to get operationally ready.
Interim ECC reviews bailout for Pakistan Steel Mill, availability of staple foods and power sector benchmark rates
The Pakistan Steel Mill has cumulatively incurred the losses of Rs 206 billion up until the end of FY23Â