Federal footprint shall be limited only to "strategic and essential" SOEs, recommends CCOP
“Compliance report in this regard is to be furnished to the FBR on May 15”, FBR asks PTA and all telecom operators
The development came after the IMF Executive Board's meeting held to review the release of funds
Economic team to hold talks with global lender for a new loan programme in May, say sources
Minister expects GDP growth to remain at 2.6%, inflation at 24% in FY2024
Talks for the new loan programme will be held after IMF's Executive Board meeting next week
Growth in Pakistan is projected to grow by 1.9% this year, ADB's Outlook Report 2024 states
PIA has been bifurcated into two companies — PIA Corporation and PIA Holding
Diesel price drops by Rs1.77 per litre
IMF confirms receiving letter but says it has narrow mandate on economic issues
Customers who meet requirements would be required to pay 2.5% in Zakat on whole amount in their account
Rollover to support SBP depleting foreign reserves stand at $8 billion
JUI-F's Ahmed says party not becoming part of govt in Balochistan
Sources say Shehbaz apprised allies about his nomination for PM slot before official announcement
Pakistan should take more social security measures for weaker sections and make continuous efforts to run social programs: says IMF
In his letter to China’s PM, Kakar requested Beijing to roll over Pakistan’s $2bn loan for year, sources say
Deposit time for loan is slated to complete on March 23, 2024
UAE confirms rollover of $2 billion, State Bank of Pakistan announces
Caretaker PM Anwaar-ul-Haq Kakar writes letter to UAE President Al Nahyan for rollover
ISLAMABAD: The Federal Board of Revenue has decided to impose a tax on retailers in five big cities of the country including Karachi, Islamabad,...
A revenue of Rs100 billion would be added to the national exchequer, say sources
ISLAMABAD: The Asian Development Bank signed a $1.2 billion loan agreement with Pakistan, ADB officials confirmed on Wednesday.The agreement, which...
One-thirds of funds to be used for budget funding and make way for jammed financial pipelines
Image of the FBR's building in Islamabad. — X/@FBRSpokespersonISLAMABAD To enhance tax collection efficiency, the government has charted out a...
Pakistani authorities deserve credit for sticking to the IMF programme, Kristalina Georgieva tells Bloomberg
UAE envoy assures IMF officials that his country will play a role in Pakistan’s economic stability
Islamabad seeks to draw Saudi Arabia’s investment into the project
IMF delegation presents its recommendations and demands during today’s session
FBR mulling imposing fixed tax on retailers, say sources
Finance Ministry seeks time from IMF for submission of report by December 2023, sources say
Ogra will develop strategic petroleum reserves framework with help from global experts, sources say
Interim finance minister assures IMF of meeting all conditions of IMF under $3 billion Stand By Agreement
Federal ministries urged to download anti-virus in all systems to avoid any harm
“World Bank certainly does not recommend any reduction in the current nominal threshold,” reads statement
ISLAMABAD: In a bid to meet the International Monetary Fund’s key demand of ending circular debt, the government has decided to increase the gas...
Sources say increase will come into effect before IMF's first review
People can file their tax returns by September 30, 2023
"We are trying to make better economic decisions to help the future government," says Finance Minister Dr Shamshad Akhtar
ADB also anticipates a decrease in Pakistan's inflation trends to 25% in FY2024
ISLAMABAD: Expressing its concerns over unbridled petrol smuggling in the country, the International Monetary Fund has written to the Ministry of...
Smuggling of petroleum products costs Pakistan Rs10 billion in customs levy alone each year
Appointment has been approved by President Arif Alvi under Article 224 on the advice of Premier Kakar
The report states that terrorists are using revenue generated from petrol smuggling as a key source of financing
2.8 billion litres of petrol smuggled each year into Pakistan from Iran, reveals report submitted to PM House
PIA says it is unable to pay its creditors, aircraft lessor, fuel suppliers due to liquidity crunch
About 4 million electricity consumers are likely to get temporary relief from this initiative, sources say
Global lender also questions FBR about its strategy to reduce tax on electricity bills, sources say
Finance minister says upcoming elections will be held on basis of 2023 digital census.
No name has been finalised yet by ruling coalition for caretaker PM
