GB to tax CPEC containers passing through its territory

While things are not clear about the possible taxes, duties (Import tax/ duty, Toll tax, Port clearance charges etc) to be charged...

World Bank forecasts tough economic challenges for Pakistan

by AMER SIAL Pakistan’s economy continues to grow, but beneath the surface, a number of warning signs are emerging, says the World Bank’s...

Pakistan expects highest GDP growth in nine years: WB Report

  Pakistan’s Gross Domestic Product growth in the fiscal year 2017 is expected to climb to 5.2 per cent—the highest in nine years—and...

20-member Chinese delegation visits RCCI to discuss business opportunities

  A 20-member Chinese delegation led by Song Zhihui, professor and director of Pakistan Study Center of Sichuan University, visited the Rawalpindi Chamber...

SBP keeps monetary policy rate unchanged at 5.75pc

The State Bank of Pakistan , on Saturday, announced to keep the monetary policy rate unchanged at 5.75pc for the next two...

Government has increased provincial share in PSDP says PM Nawaz Sharif

Prime Minister Muhammad Nawaz Sharif Friday said his government was pursuing a people- centric approach for development and has increased provincial share in...

266.5MW of wind and solar power could be added to national grid

Five potential power companies have shown their interest by seeking generation licenses from the National Electric Power Regulatory Authority (NEPRA). These companies are...

Gilgit Baltistan and Azad Jammu Kashmir’s share of development budget increased

In a National Economic Council meeting presided over by the Prime Minister Nawaz Sharif on Friday, the share of development budget for...

NEC raises borrowing limit for provinces to Rs300b

From the new financial year 2017-18, the National Economic Council (NEC) has given the go ahead for doubling the borrowing limit for...

Weekly inflation records nominal increase of 0.06pc

Islamabad: The weekly inflation for the week ended on May 18 for the combined income groups witnessed nominal increase of 0.06 percent...

Mango exports could fetch $68m if annual export target is met

The export target for mangoes this season has been set at 100,000 tonnes by the All Pakistan Fruit and Vegetable Exporters, Importers...

PSO’s receivables touch Rs295b

As Pakistan State Oil’s (PSO) receivables keep on increasing, the state oil owned conglomerate has requested the government to immediately release Rs105b for...

Govt briefs WB on development and energy priorities for next fiscal

The finance team briefed the World Bank (WB) officials about the development priorities including the power sector during the next financial year,...

SBP session on EIF held at RCCI

An awareness and interactive session on Electronic Import Form (EIF) was organised by the Rawalpindi Chamber of Commerce and Industry (RCCI) here...

NEC approves ADP for fiscal 2017-18

The National Economic Council (NEC) on Friday approved Rs2.113 trillion for the development budget for the fiscal year (FY) 2017-2018, and also...