IMF likely to resume loan programme by March 24

The International Monetary Fund (IMF) may revive Pakistan’s stalled loan programme on March 24 as the fund's executive board is likely to...

ECC approves Rs7.8bn Ramadan Relief Package 

Utility stores to ensure provision of 19 essential food items at subsidised rates

Pakistan to give Uzbekistan access to Gwadar, Karachi ports

ISLAMABAD: Pakistan will facilitate Uzbekistan in gaining access to the seaports of Gwadar and Karachi in a bid to enhance regional connectivity...

Govt proposes withdrawal of corporate income tax exemptions

Hafeez Shaikh presents Income Tax Amendment Bill in Senate; says govt will remove corporate income tax exemptions to generate more revenue

CAA to allow new airlines to commence int’l flights

The Civil Aviation Authority (CAA) is likely to allow new airlines to operate international flights after completing a period of six months...

PM Imran directs Hafeez Shaikh to continue as minister

Reposing full confidence in Finance Minister Dr Abdul Hafeez Shaikh, who had lost the Islamabad seat to Pakistan Democratic Movement’s (PDM) joint...

FBR signs $120m track & trace contract with AJCL Consortium 

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday signed a $120 million contract for track & trace system with AJCL Consortium. According to...

MoIP proposes record Rs6.37bn Ramzan relief package

ISLAMABAD: Unlike previous years, the incumbent government is going to introduce a mega relief package for the holy month of Ramzan this...

Pakistan to import cotton from Central Asian states

ISLAMABAD: Pakistan has decided to import cotton from the Central Asian states through Torkham border, it was learnt on Wednesday. According to sources,...

Trade deficit widens to $17.3bn in eight months

ISLAMABAD: Pakistan's trade deficit widened to $17.3 billion during the first eight months (July–February) of the current financial year (2020-21) mainly due...

Pak-Turkey freight train to resume operations after 9 year pause

The Istanbul-Islamabad freight train is likely to resume operations on March 4, connecting goods train business of three countries including, Turkey, Iran...

POL prices unchanged as PM rejects OGRA’s proposed hike

LAHORE: Prime Minister (PM) Imran Khan has rejected a summary of the Oil and Gas Regulatory Authority (OGRA) for increasing petroleum prices...

PM lays foundation stone of business district in Lahore

Prime Minister (PM) Imran Khan has laid the foundation-stone of the country’s first-ever Central Business District project at the Walton Airport site,...

IMF cuts FBR’s collection target to Rs4.7tr

Revenue target slashed by Rs263bn; FBR now needs Rs1.8tr in four months

Pakistan to remain on FATF grey list till June

PARIS: Pakistan will remain on the Financial Action Task Force (FATF) grey list for another four months. According to a handout issued by the...