$9-10bn required to transform Karachi, WB report
LAHORE: Karachi, Pakistan’s biggest city, needs $9 to $10 billion financing over a period of 10 years to meet its infrastructure and...
Government likely to announce 6th budget by last week of April
ISLAMABAD: While the government is in difficulties facing acute budget deficits, it is likely to announce its last and sixth budget by...
NBP admits opening account of absconder, proclaimed offender Ishaq Dar
ISLAMABAD: National Bank of Pakistan (NBP) has opened a bank account of an absconder and proclaimed offender, former finance minister Ishaq Dar,...
PM chairs meeting on issues related to power sector
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting on issues related to the power sector and net hydel profits at the Prime Minister’s...
Experts call for incentivising documentation of economy
KARACHI: Tax experts demanded on Monday that the immunity under Foreign Currency Accounts (Protection) Ordinance 2001 should be removed to improve the...
PM House initiates inquiry into illegal appointment of officials at MoST
ISLAMABAD: After the allegation of state ministers of Ministry of Science and Technology (MoST) Mir Dostain Khan Domki regarding illegal appointments in...
Massive financial loss to national exchequer due to impractical monetisation policy
ISLAMABAD: Due to an ill-conceived monetisation policy, the bureaucracy has been causing massive financial loss to the national exchequer, Pakistan Today learnt...
FBR to re-investigate missing containers case, hold inquiries against corrupt officials
ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case.
In a meeting, the...
68th meeting of NA Standing Committee on Finance, Revenue and Economic Affairs held
ISLAMABAD: The 68th meeting of the Standing Committee on Finance, Revenue and Economic Affairs of the National Assembly was held here on...
Current Account deficit to reach $15-16 billion this year: MoF
ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to...
Govt committed to implementing reform agenda in BOI
ISLAMABAD: The government is committed to implement reform agenda in Board of Investment (BoI) for ensuring ease of doing business for local...
Awais Leghari directs DISCOs to clear backlog, implement application tracking by March 15
ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Legahri has directed distribution companies (DISCOs) CEOs to clear the backlog of...
Karachi experiencing revival of economic activity: Ahsan Iqbal
KARACHI: There was a time when business community in Karachi was relocating their businesses to other countries but now the phenomenon has...
Coca Cola’s micro-finance grants empowered over 7,527 female entrepreneurs
ISLAMABAD: Coca-Cola Pakistan, one of the country’s leading beverage companies has disbursed over Rs71.4 million micro-finance grants in last eight years to...
Board of Investment’s one window operation a pretence, claims leading economist
KARACHI: If you are a foreign investor looking for business opportunities in Pakistan, all you need to do is approach the Board...