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...
ICCI urges govt to provide relief to laymen in budget
The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to provide a hefty relief to the laymen the...
Chinese want business partnerships in construction and real estate sectors
Islamabad: A Chinese delegation of Qingdao City led by Wang Zhaoming, Vice General Manager, Zhongzhi Architectural Decoration Co., Limited visited Islamabad Chamber...
Foreign direct investment in Pakistan reaches $1,733b during FY 2016-17
In government documents outed on Thursday, Pakistan’s per capita income registered a 6.4pc rise to reach $1,629 in the current financial year 2016-17....
Tax reforms commission forwards proposals to FBR for documenting informal economy
For recording the shadow economy, the Tax Reforms Commission (TRC) has sent a full-fledged plan to the Federal Board of Revenue (FBR) which...
Pakistan external finance pressures still manageable: Fitch
The recent fall in Pakistan's foreign-exchange reserves and widening of its current account are manageable, and the country is unlikely to face...
Pakistan Railways needs $35b investment for complete revamp: Saad Rafique
Lahore: According to Railways Minister, Khawaja Saad Rafique Pakistan Railways (PR) would be needing $35b for complete revamp and uplift of its...
Agriculture loans mark up rates should be brought down to single digits: Bosan
Minister for National Food Security and Research, Sikandar Hayat Khan Bosan on Thursday suggested bringing mark up rate on agriculture loans down...