SBP raises policy rate to record high of 21% to tackle inflation
LAHORE: The State Bank of Pakistan (SBP) announced on Tuesday that it will raise the policy rate by 100 basis points (bps)...
Economic experts call for structural reforms in economy, taxation
ISLAMABAD:Â Economic experts on Thursday called for making structural reforms in the national economy in order to overcome the twin-deficit which includes the...
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
Pakistan’s macroeconomic outlook, weak balance of trade, and current account deficit
LAHORE: As a country divided over its economic policies, embroiled in political infighting and flaky governance along with a longstanding trend of...
FBR to miss revenue collection target by a wide margin
ISLAMABAD: The Federal Board of Revenue (FBR) has not been able to achieve the revenue target it set for the current Fiscal Year 2017-18,...
NADRA to give FBR a list of 1 mn individuals liable to pay tax: Miftah
ISLAMABAD: Though experts question the moral authority of the government to present the 6th budget, an announcement by the Khyber Pakhtunkhwa (KP) government...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
Rs607 bn released for development projects under PSDP 2017-18
ISLAMABAD: The government has released over Rs607.44 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...
CPI surges by 3.2pc in March
KARACHI:Â The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to...
Pakistan not ready to reap full benefits of CPEC
LAHORE:Â The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...
Monetary policy for next two months to be announced today
ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to horrendous of inflation. The monetary policy for the next...
CDWP approves 33 projects worth Rs50.5 billion
ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...
Business community can enable Pakistan to become an economic giant: Mayor Lahore
LAHORE:Â Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...
Pakistan to be among top 50 of EoDB list by 2020
LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...
FIA seeks fact-finding report over inquiry of corruption in PSQCA
ISLAMABAD: Federal Investigation Agency (FIA), which had earlier started an inquiry into corruption and illegal appointments at Pakistan Standard Quality Control Authority...