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Pakistan receives funds of $2b from Saudi Arabia
KARACHI: State Bank of Pakistan has received funds of $2 billion from Ministry of Finance of Saudi Arabia. SBP shared...
IMF chief credits Pakistan’s strong programme implementation for economic stability
WASHINGTON: The International Monetary Fund’s (IMF) chief, Kristalina Georgieva, has credited Pakistan’s strong implementation of its IMF programme for maintaining...
Pakistan posts $1.07b current account surplus in March, 9MFY26 balance at $8m
KARACHI: Pakistan recorded a current account surplus of $1.07 billion in March 2026, compared to a surplus of $1.27 billion...
PM Shehbaz orders crackdown on tax fraud, over-invoicing scandal
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered immediate legal action against individuals involved in large-scale over-invoicing, directing authorities to tighten...
FBR clarifies tax rules for builders, developers under Section 7F regime
ISLAMABAD: The Federal Board of Revenue (FBR) has issued revised guidelines to streamline tax collection for builders and developers, addressing...
Pakistan says ‘very focused’ on enhancing trade, investment ties with US
ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb has said that Islamabad is “very focused” on enhancing its trade and investment relations...
Pakistan, ADB agree to strengthen cooperation in Washington talks
WASHINGTON: Pakistan and the Asian Development Bank (ADB) have agreed to further strengthen cooperation between the two sides, it was...
DG Valuation sets new customs values for imported almonds vide VR No.2065/2026
KARACHI: The Directorate General of Customs Valuation released Valuation Ruling No. 2065/2026, superseding the previous ruling issued in December 2024....
Gas prices may surge as LNG imports halt after strait disruption
ISLAMABAD: The impact of the Strait of Hormuz closure is beginning to reach Pakistan, as 22 LNG cargoes expected have...
IT leads list as SECP registers 2,993 companies in March 2026
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...
Special business passport on cards to ease investment flow: Naqvi
ISLAMABAD: Federal Interior Minister Mohsin Naqvi indicated that the government is considering issuing special passports for members of the business...
Gabd Border Terminal activated, boosting trade links with Iran, Central Asia
GWADAR: Pakistan has achieved a significant milestone in strengthening trade connectivity with Iran and Central Asian states as the Gabd...
SBP allows crypto companies to open bank accounts in Pakistan
KARACHI: The State Bank of Pakistan has allowed crypto companies to open bank accounts in the country and promulgated the...
Saudi Arabia announces $3b additional support to Pakistan, extends $5b deposit
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the Saudi Arabia has committed an additional...
IMF keeps Pakistan growth outlook unchanged at 3.6pc
ISLAMABAD: The International Monetary Fund (IMF) has kept Pakistan’s growth rate unchanged at 3.6% for FY26, lower than the officially...
SHC stays default surcharge recovery on super tax liability
KARACHI: The Sindh High Court (SHC) has granted interim relief to multiple taxpayers by suspending the recovery of default surcharge...
Aurangzeb call for coordinated global response to economic challenges at G-24 meeting
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb called for a coordinated global response to mounting economic challenges...
Pakistan, Italy, Denmark agree to strengthen trade, investment Cooperation
ISLAMABAD: The Ambassador of Italy to Pakistan, Marilina Armellin, and the Ambassador of Denmark to Pakistan, Maja Mortensen, called on...
Middle East conflict one of the largest supply shocks since Covid-19: Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb described the ongoing Middle East conflict as one of the...
Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair
ISLAMABAD: Algeria has invited Pakistani businesses and trade bodies to participate in the 57th Algiers International Fair 2026, terming it...
