FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow...
Govt should end Super Tax in budget 2018-19: OICCI
ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) have demanded that the government put an end to the Super Tax in...
NAB officers directed to ensure submission of over Rs50mn public sector projects for scrutiny
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal Friday took notice of not submitting the details of procurement, contracts and...
Cost of corruption to businesses 20 per cent in Pakistan: DG NABÂ
KARACHI: National Accountability Bureau (NAB) Director General Altaf Bawany quoted that corruption increases the cost of doing business in Pakistan by nearly 20...
World Bank, SDPI: Urgent need to implement trade policy
ISLAMABAD:Â Prominent speakers have urged upon the government to implement a trade policy without delays for a desirable economic future.
They said this during...
ECNEC approves projects over Rs80 billion
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) under the chair of Prime Minister Shahid Khaqan Abbasi has approved eight...
NAB chairman orders investigation of illegal appointments in SECP
KARACHI: The appointment of Hafiz Yousaf, Senator Osman Saifullah and other employees of the Securities and Exchange Commission of Pakistan (SECP)Â in the...
Senate passes Corporate Rehabilitation Bill 2018
ISLAMABAD:Â The Senate has passed the amended Corporate Rehabilitation Bill, 2018. It provides the mechanism for rehabilitation of the distressed companies, which is...
Pakistan partners with USAID to streamline trade and customs procedures
KARACHI: The United States Agency for International Development (USAID) and the Government of Pakistan’s Federal Board of Revenue partnered to host a...
$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...