BUSINESS
Pakistan to engage IMF management board on climate financing, Minister Aurangzeb
Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that he is confident that the International Monetary Fund’s (IMF)...
PM Shehbaz Sharif forms task force to fix issues of power sector
Prime Minister Shehbaz Sharif has constituted an eight-member task force to oversee the implementation of structural reforms in the power...
Govt likely to provide income tax relief to salaried class
In a move to ease the financial burden, the Government of Pakistan is considering to provide income tax relief to...
Gas to remain suspended in different areas of Karachi on Sunday
The Sui Southern Gas Company (SSGC) has announced the suspension of gas in various Karachi areas on Sunday (August 4)....
ECC okays import of 100,000 tonnes urea
The Economic Coordination Committee (ECC) of the federal cabinet on Friday approved the import of 100,000 Metric Tons (MT) urea....
Govt slashes petrol, diesel prices
The government on Wednesday slashed the prices of petrol and high-speed diesel (HSD) for the next fortnight by Rs6.17 and...
Ministry of Finance reveals statistical discrepancy of Rs281 billion during fiscal year
The federal government’s net revenue receipts were insufficient to cover even one major expenditure item during the fiscal year 2023-24,...
Malik Amjad bids early farewell to FBR chairman
Federal Board of Revenue (FBR) Chairman Malik Amjad Zubair Tiwana has sought an early retirement from service. Tiwana has sought...
Finance ministry forecasts CPI inflation reduced to single-digit
Pakistan’s finance ministry on Tuesday released its monthly outlook for July stating that the Consumer Price Index (CPI) inflation reached...
Fitch upgrades Pakistan rating
In a positive development, Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘CCC’. “The...
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