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Govt generates Rs655b in special T-bill auction
KARACHI: In a special treasury bill (T-bill) auction on January 3, the State Bank of Pakistan (SBP) was able to...
Trade deficit narrows to $17.13b as imports dip
KARACHI: Pakistan’s trade deficit shrinks 32.65% to $17.13 billion in the first half of the current fiscal, as imports of...
FBR revises valuation rates of immovable properties in Lahore
LAHORE: The Federal Board of Revenue (FBR) has revised downward valuation rates of the immovable properties located in 1,271 areas/towns...
PSO’s circular debt historic high, risk of LC default
ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has crossed the historic limit and the risk of default of...
ECNEC approves Rs40b Special Development Initiatives for Poor Districts project
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved Rs40 billion Special Development Initiatives for Backward/Poor...
Dar, Hina discuss political & economic situation of country
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar and Minister of State for Foreign Affairs Hina Rabbani...
Pakistan sees Saudi Arabia beefing up deposit ‘in a matter of days’
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar said Wednesday he sees Saudi Arabia beefing up its deposits in...
Dollar supply to be increased to eliminate black market: Malik Bostan
ISLAMABAD: Chairman Exchange Companies Association of Pakistan (ECAP) Malik Bostan has said that dollar supply will be increased in the...
ICCI demands more lenient import policy to promote business activities
ISLAMABAD: Faad Waheed, Acting President, Islamabad Chamber of Commerce and Industry has lauded the initiative of State Bank of Pakistan...
PAJCCI for trade with Afghanistan in local currency
PESHAWAR: Director Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) Zia-ul-Haq Sarhadi has supported a proposal of making trade and...
RCCI to convene All Pakistan Chambers Presidents Conference on economy
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) while showing grave concerns about the current economic situation of the...
Pakistan’s exports shrink in December 2022
ISLAMABAD: Pakistan’s exports slumped for the fourth consecutive month in December 2022 to $2.304 billion, dropping 3.64 percent compared to...
Govt keen to expand IT industry for economic development: Dar
ISLAMABAD: Finance Minister Ishaq Dar says present government is keen to expand IT industry to increase youth's contribution to the...
ECC okays Rs10b for liquidity requirement of PSO
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed the release of Rs10 billion budgeted subsidy to...
SBP lifts pre-approval condition on import of raw materials for medicines
KARACHI: In a bid to avert the impending medicines’ crisis, the central bank has decided to terminate the condition of...
FBR launches modules for facilitation of exporters
LAHORE: The Federal Board of Revenue (FBR) has developed and launched various modules for facilitation of exporters under Export Facilitation...
Lahore I&I recovers smuggled goods worth Rs151m
LAHORE: In line with the vision of Director-General, Customs Intelligence and Investigation (I&I) Faiz Ahmad Chadhar to nip the menace...
Shoe manufacturing industry has a great potential to grow in Pakistan: RCCI
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has said that the shoe manufacturing industry has a great potential,...
CDNS attains Rs730bn through fresh bonds
ISLAMABAD: The Central Directorate of National Savings (CDNS) on Monday attained the target of issuing Rs730 billion fresh bonds in...
SRB revenue collection grows 23pc to reach at Rs.80.34b
KARACHI: Tax collection by the Sindh Revenue board (SRB) in the first half of the financial year 2022-23 reached Rs.80.34...
