SSGCL cuts gas supply to non-export industries to facilitate domestic consumers
ISLAMABAD: In adherence to Petroleum Division’s priority order for gas load management, Sui Southern Gas Company Limited (SSGCL) has suspended gas supplies...
No new taxes but exemptions to be withdrawn: Tarin on mini-budget
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said the government will not impose any new taxes...
Petrol dealers call off strike as govt gives in to their demands
ISLAMABAD/LAHORE/KARACHI: The All Pakistan Petrol Pumps Dealers Association late Thursday called off its nationwide strike following reaching a deal with the government’s team...
Tarin to launch Pakistan’s first third party clearing service provider for PSX
ISLAMABAD: Finance Minister Shaukat Tarin will soon officially launch Pakistan’s first Professional Clearing Member (PCM) e-Clear services, an entity set up by...
Central bank predicts 4-5pc GDP growth in FY22
KARACHI: The State Bank of Pakistan (SBP) has projected the economy to grow strongly in the range of four to five per...
Pakistan’s continued commitment to reforms could lead to rating upgrade: Fitch
LAHORE: Continued adherence to the IMF's Extended Fund Facility (EFF) reform agenda would increase the likelihood of achieving outcomes that would lead...
PM inaugurates FBR’s track & trace system for sugar sector
ISLAMABAD: Prime Minister Imran Khan on Tuesday unveiled the  Federal Board of Revenue's (FBR) Track & Trace System for the sugar sector.
Addressing...
Second Pak-Africa trade moot begins at Lagos
The second Pakistan-Africa Trade Development Conference (PATDC) begun at Lagos on Tuesday to cater for the Western part of Africa.
The conference is...
Govt to hike petroleum levy, electricity tariff to meet IMF’s demands
ISLAMABAD: The federal government has hinted at raising the petroleum levy (PL) by Rs4 per litre every month as well as increasing...
Power consumers likely to face colossal hike in electricity tariff
ISLAMABAD: Already burdened masses may face a hike of Rs4.75 per unit in the electricity tariff on account of fuel charges adjustment...
Pakistan, IMF reach staff-level agreement for revival of stalled programme
The International Monetary Fund (IMF) and Pakistan reached a staff-level agreement on policies and reforms needed to complete the sixth review under...
Petrol pump owners announce countrywide strike on Nov 25
All Pakistan Petrol Pump Dealers Association (APPDA) on Sunday called for a countrywide strike on November 25 over the government’s reluctance on...
IMF damaging Pakistan’s economy by asking for more taxes, American economist says
ISLAMABAD: Renowned American economist Dr Arthur B. Laffer has claimed that international lending agencies, like the International Monetary Fund (IMF) and World...
SBP hikes interest rate to 8.75pc
The State Bank of Pakistan (SBP) on Friday decided to raise its policy rate by 150 basis points (bps) to 8.75 per...
WB says Pakistan’s remittances grew by 26pc in 2021
ISLAMABAD: Compared to the overall growth of 8 per cent in remittances of South Asia, remittances of Pakistan grew by 26pc during...