KP govt to bridge 4.63b monthly gap to meet tribal districts’ current expenditures
Khyber Pakhtunkhwa (KP) government to bridge 4.63 billion rupees monthly gap to meet tribal districts' current expenditures.
The provincial government is facing...
Pakistan’s circular debt surges to Rs2.6tr in July-April FY23
It is an increase of 7.38% compared to last year, when circular debt stood at Rs2,450b
Pakistani authorities seek “Plan B” amid uncertainty over IMF program
ISLAMABAD: On Wednesday, the United States inquired with Pakistan about its backup plan in case the International Monetary Fund (IMF) program concludes...
KP faces budget shortfall of Rs517b
Federal govt fails to make timely payments, leading to incomplete disbursement of funds
PSX plunges on IMF accord uncertainty, disappointing budget
Uncertainty surrounding IMF agreement aprompted investors to adopt a wait-and-see approach
Dar updates US envoy on ongoing IMF negotiations as deadline approaches
The IMF has raised concerns about certain measures proposed in FY24's budget that contradict conditions of EFF programme
FTO expresses concern over repeated changes in the tax jurisdiction of overseas Pakistanis
Issue persists even after an ex-parte amendment Income Tax Ordinance, 2001 (the Ordinance), in March 2021
Prime Minister approves the establishment of an SIFC under the Economic Revival Plan
The Executive committee of the SIFC, to have representation from both civil and military leadership.
Pakistan takes steps to finalize agreement with UAE over KPT
Pakistan has established a negotiation committee to finalize an agreement with the United Arab Emirates (UAE) regarding the transfer of its Karachi...
Cash-strapped govt increases salary, allowances and additional privileges of parliamentarians
Rs1300 crores set aside for 450 parliamentarians in FY24 budget
No new taxes in Punjab ‘mini-budget’ as allocations for health and education increased
The Cabinet of Punjab, under the supervision of the caretaker government, has approved the budget for the upcoming fiscal year, effective from...
Russia says regional free trade pact with Iran possible by year-end
A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of...
Dar reaffirms resolve to make International payments on time
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar on Saturday reaffirmed the firm resolve of the government to ensure international payments...
India talks economy with Moody’s, pitches for ratings upgrade
The Indian government held talks on the state of its economy with Moody’s Investors Service on Friday and pitched for a ratings...
Provincial govt proposes allocation of Rs103b for counterterrorism dept
Increase in allowances for the provincial police force also proposed