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 borrowing from...

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, it has...

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 has stated...

ICAP urges govt to bring all sectors of economy to tax-net

ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective of the...

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 against the...

CPI surges by 3.2pc in March

KARACHI: 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 an increase...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits out of...

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 two months...

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 to ECNEC...

Business community can enable Pakistan to become an economic giant: Mayor Lahore

LAHORE: Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic giant.He was...

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 of Doing...

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 (PSQCA) a...

Revisions in aid to Pakistan unlikely to shake its finances: Moody’s

LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to have material...

FPCCI requests FBR to restore audit immunity for commercial importers

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to restore audit immunity to...

FBR urged to withdraw discretionary powers of IR officials: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under the chairmanship...

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MoF to seek cabinet’s approval over appointment of NBP chief

ISLAMABAD: The Ministry of Finance (MoF) is considering approaching the federal cabinet over the appointment of Arif Usmani as National Bank of Pakistan (NBP)...