ADB-Pakistan

ADB approves $603m loan to support Pakistan’s Ehsaas programme

LAHORE: The Asian Development Bank (ADB) has approved a $603 million results-based lending programme to strengthen and expand social protection programmes in...

Maize consignments intercepted with pests, export to Vietnam and other countries in doldrums

ISLAMABAD: Following risks to Pakistan’s rice exports to Russia and a longstanding ban on rice imports by Mexico due to pest interceptions,...

OGRA proposes Rs7 per litre increase in petrol price

However, the govt is expected to increase the price of petrol and HSD by Rs4-5 per litre by bringing down the rate of petroleum levy

Pakistan to miss export target of current fiscal year

Imports projected around approximately $56 bn against targeted $68 bn

Pakistan to reduce LNG import from Qatar amid decline in consumption

ISLAMABAD: The government has decided to reduce the monthly import of Liquefied Natural Gas (LNG) from Qatar due to a significant decline...

PM Imran launches Rs30bn Hunarmand Jawan programme

–Four-year programme will provide easy loans, capacity building and internships for youth –PM says first 70 skill centres will be created in madrassas...

Market reacts positively as Hafeez Sheikh takes charge of finance ministry

'IMF will be more comfortable in discussing the next loan programme with Hafeez Sheikh' 'The new advisor has made it clear...

Advertising agencies see limited engagement during election season

The 2024 election proved to be one of the slowest ever, particularly for advertising agencies which saw limited engagement from political parties.  The...

FBR surpasses January tax target by Rs24bn

Overall, the revenue board has collected Rs2.57tr in July-Jan FY21, as against the target of Rs2.55tr

Faced with revenue shortfall, ET&NC suspends biometric for vehicle transfer for two months

LAHORE: Faced with an increasingly up-hill battle to completely digitise the legal transfer of vehicles when they are bought and sold, the...

Tiger Global backs Pakistan’s B2B procurement and financing platform Zaraye in $2.1m round

In September 2021, Ahsan Ali Khan, Hashair Junaid, and Taha Iqbal envisioned making procurement of raw materials for buyers and sellers efficient...

Chinese investment to boost job opportunities: PM

ISLAMABAD: Prime Minister Imran Khan on Monday said the government would extend utmost assistance to the foreign investors and expressed confidence that...

Govt presents budget, imposes new taxes

Salaries class to face up to 35 per cent taxes with addition of 11 tax slabs Budget deficit to be Rs3,560...

FATF decides to keep Pakistan on grey list

ISLAMABAD: The Financial Action Task Force (FATF) has decided to keep Pakistan on the grey list. Announcing the decision, FATF President Dr Marcus...

GDP growth estimated at 5.97pc for FY 2021-22

Pakistan has estimated the Gross Domestic Product (GDP) growth in the range of approximately 6 percent for the current fiscal year with...