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PM directs for preparing export-oriented development budget 2023-24
ISLAMABAD: Prime Minister Shehbaz Sharif issued clear directions to include on priority, such projects in the upcoming development budget that...
SBP extends date for prize bonds’ encashment till June 30, 2023
KARACHI: The State Bank of Pakistan (SBP) gave a last opportunity to the holders of prize bonds of Rs7,500, 15,000,...
Pakistan continues seeing reduced sale of POL products
KARACHI: Amid the rising inflation and high prices, consumption of different petroleum products saw a 40 per cent decline in...
Policy initiatives underway to ensure ease of doing business: Dar
ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar has said that government has been taking prudent economic policy...
Govt approves Rs1,100b development budget for next fiscal year: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has said that the government had approved Rs 1,100...
Trade deficit narrows by 40.6% to $25.8bn in July-May
ISLAMABAD: Pakistan's trade deficit narrowed by 40.6% to $25.8 billion during the July-May period of the fiscal year 2022-23, compared...
Pakistan outlines process for barter trade with Afghanistan, Iran, Russia
ISLAMABAD: Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including...
LCCI urges measures to increase trade with Afghanistan
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has asked the government to devise an export plan to increase the...
FTO asks FBR to abolish Section 8B of Sales Tax Act
LAHORE: The Federal Tax Ombudsman (FTO) has proposed the Federal Board of Revenue (FBR) to abolish section 8B of the...
SBP reserves fall to $4.09b as Pakistan mulls fresh IMF deal
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell to $4.09 billion as the liquidity-challenged country...
Pakistan’s annual inflation in May reaches record-high of 37.97pc
ISLAMABAD: Pakistan’s annual inflation rose to 37.97 per cent year-on-year in May, the statistics bureau said in a report, showing...
PM directs FBR to ensure complete elimination of illegal sale of tobacco
ISLAMABAD: Prime Minister Shehbaz Sharif has directed the chairman of the Federal Board of Revenue to ensure the complete elimination...
YoY: Sindh Revenue Board collection surges 28pc to Rs18bn in May
KARACHI: The Sindh Revenue Board (SRB) collected 28.2 per cent more revenue (R18.01 billion) in May 2023 as compared to...
Acting Chinese envoy calls on Ishaq Dar
ISLAMABAD: Acting Charge’d Affairs, Embassy of the People’s Republic of China Ms Bao Zhong called on Federal Minister for Finance...
FBR collects Rs.605b gross revenues in May
ISLAMABAD: Despite challenges, the Federal Board of Revenue (FBR) with its tremendous effort collected gross revenues of Rs.605 billion during...
Protocols for 13th EU-Pakistan Joint Commission discussed
ISLAMABAD: Ambassador of the European Union (EU) to Pakistan, Dr. Riina Kionka called on the Federal Minister for Economic Affairs,...
Pakistan wants mutually beneficial cooperation with Belarus: PM Shehbaz
ISLAMABAD: Prime Minister Shehbaz Sharif affirmed Pakistan’s commitment towards building mutually beneficial cooperation with Belarus in all areas — including...
Dar assures PTC of addressing issues in upcoming budget
ISLAMABAD: Finance Minister Mohammad Ishaq Dar while appreciating the Pakistan Tobacco Company’s (PTC) budgetary proposals assured that the government will...
ECNEC approves project for establishment of 48MW Shounter Hydropower Project in Neelam Valley
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) considered and approved a project of the government of AJK...
Pakistan censures IMF for interfering in domestic affairs
ISLAMABAD: State Minister for Finance and Revenue Dr Aisha Ghaus Pasha has censured the International Monetary Fund (IMF) over its...
