FPCCI forms committee to highlight budget anomalies

ISLAMABAD: Federation of Pakistan Chamber and Commerce and Industry (FPCCI) has constituted a high-level 17-member committee to highlight budget anomalies and address the genuine...

LCCI calls for remedial measures before budget approval

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) on Saturday urged the national and Punjab assemblies to take remedial measures through consultations with the business...

Pakistan to get $3.4bn in budgetary aid from ADB

'$2.2bn will be released in the first quarter of FY20'ISLAMABAD: Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD),...

Sh Rasheed says will quit politics if railways’ circular debt not reduced

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday he would quit politics if the circular debt of Pakistan Railways is not reduced.Addressing a press...

Good governance, rational taxation imperative to attract investments: moot

ISLAMABAD: Highlighting some silver linings in the recently presented budget, eminent economist and former finance secretary Dr Waqar Masood Khan stated that the budget, if...

Pakistan, Belarus agree to enhance trade ties

ISLAMABAD: Pakistan and Belarus on Friday agreed to optimally utilize the existing institutional mechanisms and intensify bilateral cooperation in agriculture, industry and technology.The consensus was...

Punjab govt presents Rs2.3tr budget for 2019-20

Rs350bn have been allocated for development, whereas Rs1.71tr have been earmarked for non-development expenditureLAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakhat presented the Punjab...

PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

Overseas Pakistanis remit $20.19bn in 11 months

KARACHI: Overseas Pakistani workers remitted $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42pc compared with $18.28...

Remedial work underway to ensure long-lasting stability: Hafeez Shaikh

'We import virtually everything and we still think the exchange will be kept at a certain level' 'Govt will not take any loans...

WB approves $518m to help Pakistan raise revenue, reduce compliance cost

The World Bank on Friday approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise revenue and...

Rupee tumbles down to 157 against the dollar, record interbank high

The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday

Hafeez Shaikh tasked to make proposals regarding govt officials’ retirement

ISLAMABAD: Prime Minister Imran Khan has given direction to Finance Secretary Abdul Hafeez Shaikh to make proposals with regard to the retirement of government officials...

Budget allocations for agriculture sector increased by 1,200pc: minister

'Govt will launch 13 projects at a cost of Rs296bn to promote agriculture and livestock sectors'ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has increased budget...

SBP reserves fall 0.7pc, stand at $7.8bn

The foreign exchange reserves held by the central bank contracted 0.7pc on a weekly basis to stand at $7.8 billion, a private media outlet...

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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