Sri Lanka seeks 10-year debt moratorium ahead of IMF bailout
COLOMBO: Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe's office said Monday on the eve of a...
PM constitutes committee for transferring DISCOs to provinces
DISCOs and thermal power plants caused national kitty a loss of Rs 292 b during FY22 alone
Default watch: Chinese bank may refinance $500m as Dar interrogated in Senate
Finance minister says materialisation of commitments made by ‘friendly countries’ with Islamabad remains “only delay” in resumption of stalled programme.
Deal with IMF just few days away: PM Shehbaz
Govt has now accepted even the toughest conditions set by IMF, PM says
FBR allows unlimited refunds on customs duty for businesses
The business community can now receive unlimited refunds on customs duty through the authority given by the Federal Board of Revenue (FBR)...
SCO members to consider jointly developing emerging fuel projects
NEW DELHI: The Shanghai Cooperation Organisation (SCO) said on Tuesday that its members, including Russia, China and India, would consider jointly developing...
Traders suffer as dollar vanishes in Peshawar’s open market
PESHAWAR: Traders involved in doing business with Afghanistan face severe difficulties like the rest of the country as dollars are not available...
Abraaj founder loses challenge to U.S. extradition on fraud charges
Naqvi's lawyer argues he suffers from severe depression with “real risk” of suicide if he is extradited
The paradox of Pakistan’s bureaucracy
Sweeping the dirt of financial discrepancies under the carpet of red tape is a money-making scheme as old as the bureaucracy itself
As caretakers step in, contractors get short-end of stick on development projects
PESHAWAR: Funds worth Rs 50 billion that are owed to contractors in Khyber Pakhtunkhwa have been halted by the caretaker government after...
Showdown starts as IMF talks set to conclude
Lahore/Islamabad: As finance minister Miftah Ismail attempts to repair the damage done to talks between Pakistan and the International Monetary Fund (IMF),...
Chief Secretary Punjab orders deflation
Transportation fares and prices of essential food items to be reduced in line with reduction in petrol prices, smuggling of wheat and fertiliser to be curbed.
ECC to consider technical supplementary grant for helicopter maintenance
ISLAMABAD: A meeting of the federal cabinet’s Economic Coordination Committee (ECC) scheduled to be held on Wednesday is set to consider five...
Senate committee rejects tax on bread, other eatables
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs on Monday rejected the imposition of tax on eatables including naan,...
Govt mulling granting citizenship to foreign investors
ISLAMABAD: The Government of Pakistan (GoP) is considering granting residency/citizenship to those foreigners who bring investment in the country.
According to reliable...