Possible IMF bailout to increase cost of doing business, deny PTI’s economic agenda
According to economists, the next program of the IMF, if secured by Pakistan, will accompany stringent terms and conditions which could be included the increase the price of electricity, gas and other utility services
Planning ministry’s chief economist in trouble for issuing irresponsible statements
Following the letter, Planning Commission has nominated Hassan Duad as CPEC spokesperson
Weekly inflation increases 0.17 percent
The SPI for the week under review in the aforementioned group was recorded at 229.55 points against 229.16 points last week, according to data released by Pakistan Bureau of Statistics (PBS) on Friday
PTI earmarks $2 billion for e-governance systems
The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years
Foreign office bars government officials from unauthorized remarks about CPEC
The decision comes after a statement was given by Planning Commission's chief economist to Wall Street Journal created a furore in Beijing
Fall in furnace oil demand, decrease in subsidies dented revenue collection in FY18: FBR
The report highlighted it made excessive refund adjustments during FY18, as the banking sector’s declining profits and fall in withholding tax on telecom sector were the primary reasons for the decline in revenue collection
FBR to dispatch tax notices to 600-700 people owning properties in UK
The identified individuals are said to be receiving rental income from owning expensive properties in the UK and failed to declare these assets under the tax amnesty scheme that lapsed on 31st July 2018
Financial sector resilient despite tightening of macro-financial conditions: SBP report
KARACHI: The State Bank of Pakistan (SBP) has issued its flagship annual publication (Financial Stability Review, FSR) for the calendar year 2017...
Financial sector remains resilient despite tightening of macro-financial conditions: report
State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.
E&P companies to drill 90 wells in current fiscal year
ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...
Market Daily: KSE-100 flat WoW amid profit-taking
During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.
Jazz offers customers direct carrier billing for purchases on Google Play
KARACHI:Â Jazz customers can now purchase apps and make in-app purchases from Google Play using their mobile balance or postpaid bill. This direct...
Cement despatches grow by 5.10 per cent
Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.
Imran and the IMF: Pakistan’s bailout dilemma
Pakistan's budget deficit has grown steadily over the past five years, from four percent to 10 percent of GDP
Urea prices surge to Rs1,800 per bag, as supplies dwindle
During the last nine months, the prices of urea have risen by Rs450-550 per bag from Rs1,250-Rs1,300 per bag