Development in Afghanistan essential for Pakistan’s prosperity: Minister
'As many as 15 projects worth Rs32.45bn are currently being executed in Afghanistan'
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has said...
ECC okays Rs200bn Islamic banks facility to settle circular debt
Committee decides using RLNG to avoid gas load-shedding during winter
ISLAMABAD:Â In a move to settle the ever-ballooning circular debt in the power...
China’s industrial profits slow for sixth straight month, seen weakening further
Industrial profits rose 3.6 percent in October from a year earlier to 548 billion yuan ($78.92 billion), a 7-month low and a slowing from September’s 4.1 percent gain, the National Bureau of Statistics (NBS) said on Tuesday
Sugar industry, federal government at loggerheads over production price
ISLAMABAD: The sugar industry and the federal government are involved in a bitter dispute over sugar production price of Rs45.86 excluding taxes,...
$1.5 billion of foreign loans received during July-Oct FY19
During the first four months of FY19, China hasn’t provided any commercial facility and in FY18, FY17 it had given around $4.8 billion commercial loans, excluding SAFE deposits
Pakistan warned of dispute settlement proceedings by WTO members over subsidy on wheat exports
The WTO member nations cautioned if Pakistan provided rebates on wheat export again, it would initiate dispute settlement proceedings against the country
Government gives go-ahead to proposals for tax policy revamp
The EAC subgroup put forward the suggestion of having an integrated tax system at the federal and provincial levels
FBR to employ experts to rein in tax evasion
The hiring of these individuals by FBR would be made under the World Bank-funded program, ‘strengthening tax system and building tax policy’.
Asad Umar to chair ECC meeting tomorrow
A meeting of the Economic Corridor Committee (ECC) of the Cabinet would be held tomorrow (Tuesday) under the chairmanship of Finance Minister...
‘Pakistan provides conducive business environment to foreigners’
ISLAMABAD: President Dr Arif Alvi said on Monday that Pakistan provided foreigners with a conducive environment for investment and hoped that investors...
IMF links Pakistan bailout talks to FATF gray list
As Pakistan and the International Monetary Fund (IMF) insisted that they will meet again in coming weeks, sources close to the negotiation...
Govt urged to cut rates of return for power plant owners
ISLAMABAD:Â An international firm, Krafrac Consulting, has recommended National Electric Power Regulatory Authority (NEPRA) to revise the high rates of return for power...
‘Attacks cannot keep Pakistan, China from strengthening bilateral ties’
Planning minister says govt will provide foolproof security to Chinese nationals working on CPEC projectsÂ
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro...
With eye on local debt, China vows to bolster watch over ‘specialty towns’
The state planner, in a meeting on Friday, urged various ministries involved - including the land ministry and the housing ministry - to improve the quality of specialty town projects
CJP suggests reinstatement of tax on prepaid mobile phone cards
In June, the apex court had directed cellular companies and the tax regular from collecting various taxes from customers in event of credit top-ups in prepaid phones