Pakistan receives final instalment of $1 billion from Saudi Arabia
A statement from the Prime Minister’s Office in October last year said Saudi Arabia had agreed to deposit $3 billion for a period of one year as a balance of payment support
Finance minister sees financial assistance from China within next few days
Rejecting the impression of imposing new taxes worth Rs12 billion, given by a media outlet, Asad Umar categorically denied that any new tax was introduced in the supplementary budget
Mini-budget to have negative revenue impact of Rs6.8 billion during remainder of FY18-19
Despite the major shortfall of Rs 158 billion during the past six months, the FBR has kept the tax collection target unchanged at Rs 4,386 billion for this financial year ending June 2019
SBP introduces framework to counter trade-based money laundering and terrorist financing
The central bank also told banks to enhance the oversight role of the board of directors and senior management in the areas of ML/TF/PF risks associated with trade transactions
Danish entities to bid for renewable energy projects in Pakistan
The Danish Ambassador expressed his satisfaction over the government plans and said that Danish Investors were closely and keenly following the growing power sector of Pakistan
Govt addressing issues of business community through investment reforms: Hammad Azhar
Minister of State for Finance, Revenue and Economic Affairs Hammad Azhar said it is wrongly perceived that the government has imposed more taxes in finance bill
Effective communications system vital for strong & robust economy: Murad Saeed
The Working Group will make rules for the logistics and transport sector, the minister said
SBP reserves fall 3.84pc, stand at $6.6bn
The foreign exchange reserves held by the central bank continued to descend for the fifth consecutive week, dropping 3.84pc WoW, according to...
No new taxes imposed through mini-budget: FBR
'Instead, with the introduction of the new bill, the FBR revenues would go down by Rs6.8 billion'
ISLAMABAD:Â The Federal Board of Revenue (FBR)...
Govt plans to initiate Roshan Pakistan project in Balochistan
'The project will solarise over 30,000 tube wells in a short span of time'
ISLAMABAD:Â Planning Minister Makhdoom Khusro Bakhtiar said on Wednesday that...
Rs1.85m fine imposed on 37 petrol pumps violating cleanliness rules
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) has imposed Rs1.85 million fine on 37 petrol pumps of eight oil marketing companies (OMCs)...
Pakistan receives first $1 billion tranche from UAE
The UAE had announced its intention to inject $3 billion cash into Pakistan via the Abu Dhabi Fund for Development (ADFD) in December last year, a month after Prime Minister Imran Khan undertook his second trip to the country since assuming office
‘Govt’s reform package to promote domestic supply, reduce imports’
Finance minister says usual negotiations with IMF currently underway, but 'govt will only take decisions that benefit economy'
ISLAMABAD: Finance Minister Asad...
Minister stresses effective utilisation of space science and technology
Khusro Bakhtiar says geospatial technologies and satellite imagery could be employed for real-time monitoring and mapping of development projects
ISLAMABAD:Â Planning, Development, and...
Qatar lifts ban on import of Pakistani rice
Lifting of ban is expected to provide additional $40-50 million to Pakistan if quality is maintained
ISLAMABAD:Â Advisor to Prime Minister on Commerce...