Govt disbursed Rs63.557 billion under PSDP 2018-19

The Planning Commission releases 20% of funds in the first quarter (July September), 20% in second quarter (October December), 25pc third quarter (January March) and 35% in the fourth quarter (April June).

ICCI asks govt to provide interest free loans to youth for business startups

ICCI president said that 60 percent of our population was comprised of youth and government should create an enabling environment to engage youth in entrepreneurial activities

China economic growth slumps to weakest since 2009, demand ebbs as trade war bites

The economy grew 6.5 percent in the third quarter from a year earlier, slower than 6.7 percent in the second quarter, the National Bureau of Statistics said on Friday

APG group recommends various actions to help Pakistan get out of grey list

The source told that Pakistan is in conformity with over 50% of the recommendations.

Gwadar could likely become Pakistan’s version of Shenzhen

Chinese companies were doing much infrastructure construction work in Pakistan, and they had invested about $19 billion and participated in more than 20 major projects

APG team briefs Asad Umar, acknowledges progress on AML/CFT obligations

The Asia-Pacific Group (APG) Mutual Evaluation Assessment Team headed by the APG Executive Secretary Gordon Hook had a courtesy meeting with the Finance Minister...

Govt to start contamination free cotton campaign

ISLAMABAD: The government has decided to start a contamination free cotton campaign in order to improve the standard of cotton. Advisor to Prime...

Pakistan’s direct investment dips by 42pc in Q1

KARACHI: The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year...

FFC successfully concludes esteemed ‘International Technical Symposium’

Fauji Fertilizer Company (FFC) successfully hosted a 2 day International Technical Symposium (ITSFFC) 2018 which concluded on 18 October at a local hotel...

Asad Umar tasks revenue minister to come up with reforms programme

ISLAMABAD: Federal Minister for Finance, Revenue and Economic Affairs Asad Umar has constituted a committee headed by State Minister for Revenue Hammad...

Foreign reserves decrease by $219m due to external debt servicing

The total liquid foreign reserves held by the country stood at $14,613.9 million on 12 October 2018. The foreign reserves held by the State...

Digitization enabling macroeconomic growth for Pakistan: SBP report

LAHORE: The State Bank of Pakistan (SBP) in its annual report on the state of the economy has said that with the help...

Social, creative enterprises can help achieve development goals: Planning minister.

ISLAMABAD: Federal Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar has said that social and creative enterprises can help achieve economic...

SECP holds awareness session on AML/CFT obligations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) under its outreach program organised an awareness session on Anti-Money Laundering/ Countering Financing...

FBR neglects plan to increase revenue collection to Rs7 trillion per year

ISLAMABAD: While the new government has made the announcement to introduce the long-awaited reforms in the Federal Board of Revenue (FBR), the...