BUSINESS
From IMFS’ loan, Rs129bn gas subsidies for consumers set to end by June
The government is required to do away with the cross-subsidy of Rs100 billion being provided to protected gas consumers and...
Pakistan likely to begin crucial talks with IMF next week
Pakistan will kick-start crucial talks with the International Monetary Fund (IMF) for the competition of the second review under the $3...
Renowned banker Muhammad Aurangzeb to be ‘appointed finance minister’
Renowned banker Muhammad Aurangzeb is all set to become the country’s next finance minister, sources said Tuesday, as newly-elected Prime...
IMF says Pakistan to do more
The International Monetary Fund (IMF) has recommended the Pakistani authorities to bring several dozen items into the standard rate of...
IMF wants tax burden on non-salaried, salaried class increased
The International Monetary Fund (IMF) has proposed the Federal Board of Revenue (FBR) to double the tax burden for salaried and...
SBP forex reserves dip below $8bn amid debt woes
The foreign exchange reserves held by the central bank fell by $63 million to $7.950 billion in the week ending...
India’s basmati rice exports to fall as Pakistan’s surge
India's basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan...
Pakistan’s rating likely to be upgraded if govt’s liquidity risks fall, Moody’s
Bloomberg reported that the Bank of America (BofA) raised its recommendation for Pakistan dollar bonds to overweight from market-weight, citing falling...
Nepra approves Rs7 per unit hike for March before formation of new Govt
In a blow to the inflation-weary masses, the National Electric Power Regulatory Authority (Nepra) has approved a Rs7.0562 per unit...
Pakistan mulls options to increase IMF bailout package $8 billion
Pakistani authorities are mulling options to augment the upcoming International Monetary Fund (IMF) bailout package from $7.5 to $8 billion...
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