BUSINESS
Pakistan-IMF agree on Staff Level agreement
Pakistan and the International Monetary Fund (IMF) have made ‘significant’ progress toward reaching a Staff Level Agreement (SLA) on the...
Energy from Thar coal cheaper than hydro power, says CEO SSRL
Sino Sindh Resources Pvt Ltd (SSRL) Chief Executive Officer Li Jigen has stated that the power generation cost from Block-1...
IMF urges Pakistan to refrain from granting tax exemptions to international investers
The International Monetary Fund (IMF) urged the Pakistan’s Special Investment Facilitation Council (SIFC) to refrain from granting tax exemptions to...
FBR identifies 70 real estate agents involved in money-laundering to UAE
The Federal Board of Revenue (FBR) has prepared a list of more than 70 real estate agents allegedly involved in...
Pakistan, IMF agree to slash electricity rates
Pakistan has convinced the International Monetary Fund (IMF) to slash the electricity rate by two rupees per unit, sources said...
China rolls over $2 billion loan to Pakistan for another year
China has rolled over a $2 billion loan to Pakistan for another year, the finance ministry confirmed on Saturday. The...
IMF urges Pakistan to reduce circular debt
The International Monetary Fund (IMF) has called on Pakistan to reduce its circular debt as a special session was held...
IMF expects Rs490bn shortfall in FBR revenue
The International Monetary Fund (IMF) has projected a Rs490 billion shortfall in the Federal Board of Revenue’s (FBR) annual tax...
IMF urges Pakistan to achieve revenue shortfall in next quarter
The International Monetary Fund (IMF) has ‘asked’ Pakistan to achieve revenue shortfall in the next fiscal quarter. “There is no...
IMF urges Pakistan for action against tax evasion in real estate sector
The International Monetary Fund (IMF) has demanded a crackdown on tax evasion in Pakistan’s real estate sector, as talks to...
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