PM directs finance ministry to prepare five-year economic plan
The five-year plan is envisioning an overblown tax collection target of over Rs8.2 trillion for its last year in power since it faces problems meeting rising debt servicing needs which are estimated to take up over 45% of tax revenues
Pakistan, Iran agree to enhance bilateral trade
ISLAMABAD: An Iranian delegation, led by Industries, Mines and Trade Minister Reza Rahmani, called on Adviser to Prime Minister on Commerce Abdul...
Pakistan among the top ‘emerging’ importers of LNG
According to a Columbia University report, Pakistan is among the top ‘emerging’ importers of Liquefied Natural Gas (LNG).
The LNG supply surge that...
PLL invites bids for supply of six LNG cargos in May & June
Four LNG cargos will be supplied in May, while the remaining two are likely to be imported in June, said sources
Experts call for incentivising documentation of economy
KARACHI: Tax experts demanded on Monday that the immunity under Foreign Currency Accounts (Protection) Ordinance 2001 should be removed to improve the...
All Pakistan Business Forum condemns criticism of CPEC
The All Pakistan Business Forum (APBF) has expressed its concerns regarding criticism of the China-Pakistan Economic Corridor (CPEC) – a transnational project,...
ITU Fintech Centre inks agreement with Karandaaz Pakistan
ISLAMABAD:Â Information Technology University (ITU) of Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Centre...
Pakistan eyes 2018 start for China-funded Diamer-Bhasha dam
Islamabad: Pakistan expects China to fund a long-delayed Indus river mega dam project in Gilgit-Baltistan, part of disputed Kashmir, with work beginning...
PSM agrees to exchange 5,774 acres land for settling its debts
Islamabad: Pakistan Steel Mills woes worsened further as it was reported that its two largest creditors, National Bank of Pakistan and Sui...
PM Shahid Khaqan Abbasi inaugurates Pakistan’s 2nd LNG terminal
KARACHI: Pakistan expects the first cargo of liquefied natural gas (LNG) for its new terminal to be delivered on Friday, Prime Minister...
LCCI urges FBR to address injustice against business community
The LCCI office-bearers urged the Federal Finance Minister Miftah Ismail and FBR Chairman Tariq Mahmood Pasha to restore FTR for the commercial importers in the larger interest of the industry.
Pakistan, IMF set to hold third round of talks today
The IMF team is visiting to review the macroeconomic situation of Pakistan and is led by its Washington-based Mission Chief, Harald Finger which constitutes of officials from the funds’ Lending Policy Division
Gold imports drop 38.5pc in 11 months
ISLAMABAD:Â The import of gold into the country dipped by 38.56pc during the first eleven months of the current fiscal year (2018-19) as...
US companies eager to participate in Pakistan’s energy sector: David Hale
ISLAMABAD: The US Ambassador to Pakistan David Hale has said that US companies are eager to participate and compete in the energy...
SBP reserves down by $170m, stand at $7.2bn
The total liquid foreign reserves held by the country stood at $13.8 billion on 28 December 2018.
As per the notification issued by...