Govt institutions evaluate possibilities to bring looted money from abroad
ISLAMABAD: As the finance minister-in-waiting Asad Umar has announced to establish a task force for bringing back looted money from abroad, the ministry of...
CDNS to be safeguarded against ill-gotten money, terror financing: MoF
ISLAMABAD: The Finance Division, through the promulgation of National Savings Schemes (AML-CFT) Rules, 2019, has decided to engage an AML-CFT compliant bank to put...
Budget 2018-19: Govt estimates Rs147,746mn for subsidies on power, textile, water
ISLAMABAD: The government has estimated Rs147,604 million worth subsidies for power, food, textile, water, construction of small dams during the financial year 2018-19.
According to...
CDNS gains Rs23 billion target in islamic finance, sets Rs40 billion goal for FY 2024-25
National Savings aims to boost Islamic finance sector and promote saving culture with new targets
New government likely to bring structural reforms in FBR
FBR, as per reforms may be separated into two separate bodiesÂ
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...
Pakistan demands advance payment for projects from KSA
The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,
PSX closes flat amid volatility
KARACHI:Â The Pakistan Stock Exchange (PSX) ended a choppy session flat on Monday amid low volumes and high volatility.
On the economic front, the value of...
Market daily: PSX crosses 43,000pts among cheering investors
LAHORE
In an exciting day of trading, the benchmark KSE 100 index settled beyond the 43,000 psychological level. Market participation almost doubled with low and...
China extended $4.4 billion loans to Pakistan during first ten months of FY18
Budget makers had determined loans in the range of $8.09 billion for the current financial year 2017-18 but it surpassed that target by touching $9.6 billion in the first 10 months (July-April) 2017-18
Govt likely to impose additional 3pc duty on more than 1000 items
The former government had revised RD on dozens of imported items in December 2017 to meet the revenue target
Govt’s debt situation laid bare by Economic Affairs Division
PTI government takes no commercial loans during August 2019
ISLAMABAD: The Pakistan government’s debt situation was laid bare by the release of data by the...
Market Daily: Set in cement, KSE 100 gains 230 points
LAHORE:Â The KSE 100 index was off to a weak start perhaps amid rising uncertainty on the back of Trump induced trade tariffs on imports...
Local petroleum production up by 12.98pc in ten months
ISLAMABAD: The production of petroleum products witnessed 12.98 per cent increase during the first ten months (July-April) of the current fiscal year as compared...
IMF to seek ‘absolute transparency’ of Pakistan’s debts in bailout talks
NUSA DUA, INDONESIA: The International Monetary Fund (IMF) launched formal bailout talks with Pakistan on Thursday, and IMF managing director Christine Lagarde said she...
