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...
FPCCI fails business community, causes international embarrassment
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) as a national chamber has lost its credibility to represent the...
Rs7.5 bn reimbursed to 149,695 students from underdeveloped districts
ISLAMABAD: Under Prime Minister’s Fee Reimbursement Scheme, an amount of Rs7.5 billion has been reimbursed to around 149,695 students belonging to less...
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...
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)...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
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...
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 an economically strong Pakistan: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development and Reform Dr Ahsan Iqbal Wednesday said the government was committed to create an economically strong Pakistan...
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...
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...
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...
Tax evasion, ghost manufacturers baffle FBR
ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...
China voices firm stance on debt control
BEIJING: China is confident of fully forestalling systemic risks, the country's finance minister said on Wednesday, voicing firm stance on debt control.
The...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...