FBR disbursed Rs175bn tax refunds among exporters
ISLAMABAD: The Federal Board of Revenue (FBR) has disbursed Rs175 billion (with an additional amount of Rs50 billion) tax refunds among exporters...
IMF says satisfied with Pakistan’s implementation of economic reforms
Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025
HabibMetro’s income falls 5pc in first quarter
KARACHI: The Board of Directors of Habib Metropolitan Bank Ltd (HMB) met on Friday to review the bank’s performance and announce its...
1Q2020: Engro Fertilizers posts 86pc decline in profit
LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial...
Govt releases Rs963m for Revenue Division projects
ISLAMABAD: The federal government has so far authorised release of Rs962.725 million for various ongoing and new projects of the Revenue Division...
After $1.4b approval, IMF puts on hold $6b EFF programme
ISLAMABAD: In the wake of coronavirus pandemic and disbursement of $1.386 billion under the Rapid Financing Instrument (RFI) to help Pakistan address...
SBP has given one-year reprieve on loan repayments, court told
ISLAMABAD: The Islamabad High Court (IHC) on Friday adjourned hearing on a citizen’s petition seeking to stop a local bank from harassing him...
IMF cuts FBR’s target by Rs895bn
ISLAMABAD: The International Monetary Fund (IMF) has revised the Federal Board of Revenue’s (FBR) target to Rs3,908 billion from Rs48,03 billion, showing a...
WB chief says more trade will ease pandemic’s economic impact
WASHINGTON: World Bank President David Malpass said on Friday that countries need to allow more trade in order to recover from the...
IMF approves $1.4bn in coronavirus aid to Pakistan
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $1.386 billion under the Rapid Financing Instrument...
200bps decrease in policy rate provides govt Rs1tr cushion: Pasha
Former finance minister and eminent economic expert Hafeez Pasha on Thursday said the reduction of 200 basis points by the State Bank...
PRA extends date of payments, filing returns till April 30
LAHORE: Amid the coronavirus outbreak and lockdowns, the Punjab Revenue Authority (PRA) on Thursday extended the date of submission of payments and...
Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF
TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis...
Pakistan expected to get debt relief from May 1: FM Qureshi
Foreign Minister Shah Mahmood Qureshi has said Pakistan is expected to get debt relief from the 1st of May.
In an interview on...
Pakistan’s exports to fall $3bn owing to coronavirus: Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razak Dawood has said the State Bank of Pakistan (SBP) has called for...