Retired DMG officer Shahid Mehmood appointed Asian Development Bank ED
ISLAMABAD:Â Government on Thursday appointed Shahid Mehmood, a close aide of the defunct finance minister Ishaq Dar, as Executive Director (ED) Asian Development...
Bank AL Habib declares Rs12.88bn profit before tax
The Board of Directors of Bank AL Habib Limited announced the financial results for the nine months period ended September 30, 2019.
The...
Govt to form separate company to manage assets amid PIA privatisation: Daniyal
ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz on Monday said the Pakistan Muslim League-Nawaz (PML-N) government is committed to finalising privatisation process...
World Bank asks PTI govt to pitch for long-term policies, human development
ISLAMABAD: The World Bank has advised the newly-elected government to maintain long-term policies for the private sector to maintain higher economic growth...
Miftah Ismail may be appointed as advisor to PM on Finance
Islamabad: Dr Miftah Ismail may be appointed as Advisor to Prime Minister on Finance, as Ishaq Dar requested to be relieved from...
Amnesty Scheme 2018: New legislation worldwide to result in confiscation of foreign funds, warns FBR chief
ederal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha, while highlighting the problems likely to be faced if anyone chooses not to declare foreign assets under Amnesty Scheme
PIAF welcomes decision to disburse Rs100b refunds to exports industry
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has appreciated the decision of the government to disburse up to Rs100 billion towards...
Economic woes push country to rely on collections from undeclared wealth
ISLAMABAD:Â The Federal Cabinet has approved a month's extension to the deadline for declaring domestic income and foreign assets. The Tax Amnesty Scheme,...
Capital markets key avenue for attracting foreign inflows: Dr Shamshad Akhtar
ISLAMABAD: Strengthening of the capital market is critical for augmenting domestic resource mobilisation to support the growing financing requirements of the country,...
KSE-100 extends bearish run, sheds 131 points
KARACHI:Â Downward trend continued at the Pakistan Stock Exchange (PSX) on Thursday, as lower risk appetite kept a tight lid on northbound moves.
Foreign...
Asad Umar steps down as finance minister
ISLAMABAD: Asad Umar on Thursday announced his decision to leave the post of federal finance minister.
Umar took to Twitter and wrote, “As...
Saudi crown prince’s visit to ease Pakistan’s financial crunch: FT
Renowned international publication Financial Times says the upcoming visit of Saudi crown prince Mohammed bin Salman to Islamabad will further ease the...
World stocks subdued, dollar firm as US job’s bounce fades
LONDON: World stocks remained near two-month highs on Monday with the dollar and oil chalking up gains, though some European bourses struggled...
Government not worried about increasing debt: MoF
ISLAMABAD: The federal government obtained $ 2.9 billion in loans from commercial banks, multilateral and bilateral institutions in December 2017 alone.
Documents available...
High-level Chinese delegation visits defence production ministry
ISLAMABAD: A high-level Chinese delegation visited the Ministry of Defence Production and held a bilateral meeting, co-chaired by Ministry of Defence Production...