MoC proposes rationalisation on 515 tariff lines
ISLAMABAD: Commerce Division, which is currently working on the formulation of Strategic Trade Policy Framework 2018-23 in consultation with the stakeholders, has decided to...
Rapid depletion in reserves, unsustainable fiscal deficit hurting economy
ISLAMABAD: The economy is facing a major economic challenge with rapid depletion of foreign reserves and unsustainable fiscal deficit denying the country of its...
PM directs Finance Division for long-term structural reforms for next govt
ISLAMABAD: Prime Minister Justice (Retd) Nasir-ul-Mulk Wednesday directed the Finance Division to formulate a comprehensive strategy containing immediate measures and a blueprint for long-term structural reforms...
Current account gap widens by 50 per cent
The current account deficit in the first 10 months of 2017-18 amounted to $14 billion, up 50 per cent from a year ago.
Political stability key to economic growth: SAARC CCI
ISLAMABAD: SAARC's Chamber of Commerce and Industry (CCI) Senior Vice President Iftikhar Ali Malik Sunday said that political stability studded with uninterrupted continuity of...
Pakistan has high production costs due to expensive energy: Ishrat Hussain
ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due to high...
DG Cement incurs Rs1.07bn loss in 3QFY20
LAHORE: The Board of Directors of D.G. Khan Cement Company Limited (DGKCC) met on Thursday to review the company's performance and announce its financial...
FBR rejects claims of reduced Income Tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has rejected claims of reduction in the number of Income Tax returns filed for the current year as...
ECC to decide on issues of surplus wheat, PPAF, PSM dues
LAHORE:Â A meeting of the Economic Coordination Committee (ECC) of the Cabinet will be held on Tuesday, 20 November 2018, stated a notification issued by...
Tough times for ‘unregistered persons’ by FBR in new audit policy
ISLAMABAD:Â The Federal Board of Revenue (FBR) has decided to give tough time to an unregistered person in the new audit policy 2017.
The tax department on...
Exports surge by 13.14pc, trade deficit widens by 17.3pc in first 9 months
KARACHI: The country’s exports have enhanced by 13.14 per cent in first nine-months of the current fiscal year to $17.081 billion, as compared to...
Pakistan wins Global Islamic Leadership Award for promotion of Islamic financing
President Alvi emphasises need to adopt basic principles of Islamic financing in order to establish a society based on equality and compassion
FINCA secures Rs800m Tier-II facility from PMIC
FINCA Microfinance Bank Pakistan (FMBP) has announced that it has secured an eight-year, Rs800 million Tier-II/subordinated bilateral loan facility from Pakistan Microfinance Investment Company...
21.74pc growth of food group exports in eight months
ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as compared to...
PSX bleeds on first day after Eid
KARACHI: Amid rising border tensions, indices at the Pakistan Stock Exchange (PSX) recorded fresh lows on Friday, with the KSE-100 Index ending the only...
