Chambers to hoist black flags until withdrawal of FBR’s ‘discretionary powers’
The Federal Board of Revenue (FBR) has been given a deadline of April 10 by trade and industrial associations across the country...
Budget to be announced before Ramazan
The federal government has decided to present the budget for the upcoming fiscal year 2017-18 before the start of Ramazan. Increasing GDP...
Shariah Compliant sector expected to touch $17.6b by 2018
Islamic banking services will maintain its growth push in Pakistan, as assets of Shariah compliant sector will touch $17.6b by 2018, as...
NA approves Public Private Partnership Authority Bill 2017
National Assembly on Wednesday passed 'The Public Private Partnership Authority Bill', 2017' as well as 'The Pakistan Commission of Inquiry Bill, 2017'....
Another trip to the IMF?
Pakistan has gone to the International Monetary Fund (IMF) many times for the ‘last time.’ This time it was for a 36-month...
FBR considers strict measures to meet revenue targets
Federal Board of Revenue (FBR) is planning to adopt strict measures to meet the tax revenue target for FY 2016-17, media sources...
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
‘Pakistan First’ approach to strengthen domestic industry, asserts PBC
Initiating a “Pakistan First” approach on the lines of “America First” will help in strengthening the domestic industry and in invigorating stakeholders,...
Wathra proposes establishment of Balochistan Bank
State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has said on Tuesday that a proposal for Balochistan Bank has already been...
Roshan Pakistan Scheme to aid conversion of 20,000 houses to solar power
Around 20,000 homes will be converted to solar energy under the ‘Roshan Pakistan Scheme’ initiative, as stated by the Advisor to Prime...
MoU signed between PAEC and China Power
Pakistan Atomic Energy Commission (PAEC) and China Power International Holding Ltd (CPIH) has signed a memorandum of understanding (MoU) for cooperation and...
ICSID rules against Pakistan in the Reko Diq gold-cum-copper mine project
An arbitration tribunal of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has ruled against Pakistan in the Reko...
NADRA asserts federal govt owes it Rs 2.5b
The National Database Registration Authority (NADRA) said before the Supreme Court on Monday that the federal government owed the authority Rs 2.5b...
EAC meeting directive issued by Dar
A meeting of the Economic Advisory Council (EAC) has been called by the Finance Minister Senator Ishaq Dar, to discuss budgetary proposals...
Pak to pay ADB $7m as fines for non-usage of loans
Pakistan would pay a sum of $7 million to Asian Development Bank (ADB) as fines if it fails to utilize loans worth...