NAB won’t nab you now, PM Imran assures businessmen
PM says amended NAB Ordinance will insulate business community from accountability watchdog
Govt to further burden power consumers under IMF programme
--Govt to introduce 'new surcharges' in a bid to reduce circular debt
--NEPRA Act will be amended to eliminate delays in tariff adjustments
ISLAMABAD:...
Revised revenue target to be reviewed in upcoming quarters: IMF
--Official stresses implementation of Public Finance Management Law to ensure fiscal discipline in Pakistan
--Says a joint working group will be constituted by...
ECC approves Rs6bn subsidy for Utility Stores Corporation
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a grant of Rs6 billion as subsidy for the Utility Stores Corporation.
The approval...
CPPA proposes Rs1.73 per unit hike in power tariff
ISLAMABAD: The Central Power Purchasing Authority (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to increase power price by Rs1.73 per...
2019 sees up to Rs1.5m hike in Suzuki car prices
ISLAMABAD: As car sales have decreased drastically due to a slowdown in economic activities, documentation process and rising inflation, the local assemblers...
Current account deficit shrinks 72.6pc in Nov: Hafeez Shaikh
LAHORE: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that current account deficit is down by...
SBP reserves surge 18pc, surpass $10bn mark
Forex reserves held by SBP increase by $1.65bn to $10.89bn; such levels were last seen in May 2018
Foreign Direct Investment surges 78.1pc in five months
ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan surged 78.1pc to $850 million in July-November FY20, as compared to the investment of $477.3...
OGRA approves up to 191pc increase in gas prices
ISLAMABAD: In order to meet the revenue shortfall of the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited...
PFMA slapped with Rs75m fine for ‘manipulating flour prices’
ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed Rs75 million fine on the Pakistan Flour Mills Association (PFMA) for being involved in...
How to grow a Big Five bank: the case of ABL
Allied Bank is the type of institution that makes that “Lazy Big Five Banks” stereotype look true. The bank has been –...
‘Pakistan on track to fulfilling FATF conditions’
SBP governor says FATF and IMF are satisfied with Pakistan's reforms agenda
Pakistan, World Bank sign $406.6m loan agreement for KPEC
'Khyber Pass Economic Corridor Project aims to construct a 48km-long, dual carriageway, access-controlled motorway from Peshawar to Torkham'
NA body opposes bill proposed to meet FATF conditions
--Govt proposes inclusion of 'economic crimes' and 'illegal money transfers' in Anti-Terrorism Act
--Opposition members fear that amended ATA will be used by...