Outgoing FATF chief ‘hints’ at blacklisting Pakistan

Marshall Billingslea says with regard to an action plan agreed in June 2018, Pakistan is 'lacking in almost every respect'. Outgoing Financial...

Register now, pay taxes later, PM Imran tells nation

Says people can declare their assets by June 30 deadline and make payments in instalments  Promises to reform tax authority, says...

Qatar announces $3bn investment in Pakistan

'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn' ISLAMABAD: Following the two-day official visit of Qatar Emir Sheikh...

Govt sets ambitious target of 5.5% average GDP growth rate during its 5 year tenure

ISLAMABAD: Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar informed the National Assembly that the Pakistan Tehreek-i-Insaf (PTI) government has set...

FATF urges Pakistan to complete action plan by October

Pakistan says committed to implementing AML/CFT regime Pakistan has until October to improve its counter-terror financing operations in line with an internationally...

FBR traces out 13,500 expensive, luxury cars in Sindh

KARACHI: The Federal Board of Revenue (FBR) has tightened the noose against tax defaulters, owning expensive cars and living a luxurious life without...

‘PM Office expenses reduced by 32pc’

Finance ministry says PM Office slashed 35pc human resource and massively reduced expenditure on refreshments, fuels and procurement of equipment ISLAMABAD: Owing to...

Hafeez Sheikh forms committee to address business community’s woes

LAHORE: Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday constituted a high-powered committee to rectify the anomalies in the proposed...

Pakistan, World Bank sign loan agreements worth $918m

ISLAMABAD: Pakistan and World Bank (WB) on Tuesday signed three loan agreements worth $918 million to help support revenue mobilisation and higher...

Qatar to invest $22bn in Pakistan: report

Qatari Emir Sheikh Tamim bin Hamad Al-Thani will visit Pakistan on June 23 (Sunday), a private media house reported on Monday. According to...

All IMF tasks accomplished, says SBP governor

Dr Reza Baqir says exchange rate regime part of economic reforms Says SBP keeping close eye on forex market, will intervene...

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

Pakistan to get $3.4bn in budgetary aid from ADB

'$2.2bn will be released in the first quarter of FY20' ISLAMABAD: Pakistan will receive $3.4 billion in budgetary support from the Asian Development...

PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals...

Remedial work underway to ensure long-lasting stability: Hafeez Shaikh

'We import virtually everything and we still think the exchange will be kept at a certain level' 'Govt will not take...