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KP govt fails to launch ten major foreign funded projects
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has not been able to start 10 major foreign funded projects worth over Rs203...
Banks’ deposits rise 2.9pc MoM to Rs20.5tr in March: SBP
KARACHI: The total deposits held by banks have shown a growth of 2.9 percent on a month-on-month (MoM) basis to...
SBP reserves up by $36m during one week
KARACHI: The foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $36 million in the week...
President Arif Alvi lauds FTO’s role to facilitate traders
ISLAMABAD: President Dr Arif Alvi Thursday while lauding the Federal Tax Ombudsman (FTO)’s role for providing speedy relief to traders...
Finance Minister Miftah Ismail flies to US for talks with IMF
ISLAMABAD: Finance Minister Miftah Ismail said that he is visiting Washington to hold talks with International Monetary Fund (IMF). The...
Fertilizer industry to enable over USD 5.3b import substitution
ISLAMABAD: The local fertilizer Industry is providing urea at around 84 percent discount, equivalent to Rs 9,823 per bag and...
FDI drops by 2pc in nine months of FY22: SBP
KARACHI: Foreign Direct Investment (FDI) has dropped by 2 percent in July to March period and stood at $1.285 billion....
FPCCI proposes Charter of Economy to new govt
KARACHI: Irfan Iqbal Sheikh, President FPCCI, has welcomed and felicitated the formation of new government and its cabinet. He said...
FBR constitutes committee to resolve pharmaceutical tax issues
ISLAMABAD: Federal Board of Revenue (FBR) constituted a committee for resolution of issues of pharmaceutical companies. The issues resolution committee...
PM will have to take decision on petrol subsidy, we cannot continue it: finance minister
ISLAMABAD: Newly appointed Finance Minister Miftah Ismail has said that the subsidy allowed for petrol for the months of May...
FBR launches inland revenue strategic reform plan 2021-25
ISLAMABAD: The Federal Board of Revenue (FBR) launched the Inland Revenue Strategic Reform Plan (2021-25). While addressing the occasion, the...
ML-I to transport over 20pc of freight business
PESHAWAR: Pakistan Railways is expecting to transport over 20pc of the country’s freight business after the completion of Main Line-I...
ECC approves Rs68.74b for oil marketing companies & refineries
ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday approved supplementary grant of Rs. 68.74 billion for disbursement of Price Differential...
Syed Faisal Ali Sabzwari takes charge as federal minister for maritime affairs
ISLAMABAD: Syed Faisal Ali Subzwari has taken charge as a Federal Minister for Maritime Affairs in Islamabad. Federal Minister Subzwari...
FBR to launch Inland Revenue Service Strategic Reform Plan 2021-21 today
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to launch the plan on Wednesday (today). The plan revealed that...
Finance Minister Miftah Ismail for further enhancing cooperation with China
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail expressed desire to further enhance bilateral cooperation with China in various...
TDC seeks cooperation of business community to promote diabetes care
ISLAMABAD: Asjad Hameed, Chairman, Board of Directors of The Diabetes Centre (TDC) along with his team visited Islamabad Chamber of...
Power tariff may increase Rs3.15 per unit under FCA of March 2022
ISLAMABAD: Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff...
Long-standing structural challenges pose risks to Pakistan’s sustained growth: World Bank
ISLAMABAD, Apr 19 (APP): Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by...
Pakistani banks may feel heat of Sri Lanka’s default
KARACHI: Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at...
