SBP rejects claims of new currency designs
The State Bank of Pakistan (SBP) has denied rolling out any new currency designs that have been floating on social media with...
Dollar jumps to Rs174.5 in open currency market
ISLAMABAD: The value of US dollar against Pakistan’s rupee rose to Rs174.5 in the open currency market and past Rs171.63 in the...
Govt will raise tax-to-GDP ratio from nine to 20pc: Tarin
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue, Shaukat Tarin on Monday said that the current tax-to-Gross Domestic Product (GDP) rate...
Pakistan, Iran vow to boost bilateral trade to $5bn
ISLAMABAD: Pakistan and Iran have decided to increase bilateral trade volume, which currently stands at around $360 million, to $5 billion within...
Pakistan fared better amidst int’l commodity price hike: PM
ISLAMABAD: Prime Minister Imran Khan Sunday said that Pakistan had comparatively managed “much better” than other countries amidst an unprecedented price hike...
Rupee unchanged against US dollar
The rupee remained unchanged against the US dollar, closing just above the 170 level in the inter-bank market on Friday.
As per the...
Govt jacks up petrol price by Rs8.03 per litre
The Oil and Gas Regulatory Authority (OGRA) has announced a new increase in prices of POL products across the country applicable from...
Gold price leaps by Rs2,800 per tola
Gold prices on Thursday took a massive leap due to the uptrend in commodity prices in the global market as well as...
Pakistan’s public debt to GDP ratio to ease in FY22, FY23
ISLAMABAD: The World Bank has projected Pakistan’s debt to Gross Domestic Product (GDP) ratio to ease to 90.6 per cent in the...
First cargo consignment from Uzbekistan arrives via Torkham border
The first consignment of four cargo trucks carrying yarn from Uzbekistan has arrived in Pakistan on Wednesday through Torkham border.
National Security Advisor...
PM announces Rs120bn subsidy package to mitigate inflation impact
Prime Minister Imran Khan on Wednesday addressed the nation and announced “the country’s biggest ever” subsidy package worth Rs120 billion, providing 30...
Implementation of ‘toughest’ FATF plan nearing completion: minister
ISLAMABAD: Minister for Energy Hammad Azhar Wednesday said that Pakistan was close to completing the action plans given by the Financial Action...
Dollar falls below Rs170 against rupee in intra-day trading
The rupee appreciation continued on Wednesday with the US dollar declining by a fresh Rs0.57 to Rs169.97 in the inter-bank market during...
FBR to launch single sales tax portal this month
ISLAMABAD: Federal Board of Revenue (FBR) is set to launch Single Sales Tax Portal during this month in order to facilitate taxpayers...
Pakistan LNG issues emergency tender after term cargoes cancelled
ISLAMABAD: State-owned Pakistan LNG Limited is seeking two liquefied natural gas (LNG) cargoes for delivery in November through an emergency tender after its...