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FINANCE
Shaukat Tarin turns down the possibility of exit from IMF programme
Federal Finance Minister Shaukat Tarin has turned down the possibility of Pakistan’s exit from IMF programme.
Expressing his views during the session of Senate Standing Committee on Finance in Parliament House, Finance Minister Shaukat…
Banks to charge nominal fee on inter-bank fund transfers above Rs 25,000
Banks will now charge a nominal fee on inter-bank fund transfers above Rs 25,000 on SBP orders.
State Bank of Pakistan (SBP) has altered its IBFT pricing mechanism allowing banks to charge a nominal fee of 0.1% or Rs 200 – whichever is…
Budget 2021-22: Shaukat Tarin addresses multiple issues in his post-budget conference
Federal Finance Minister – Shaukat Tarin addressed tax, economic growth, IMF and multiple other issues in his post-budget press briefing on Saturday (today).
During the press conference, Shaukat Tarin categorically turned down the…
Pakistan Economic Survey 2021: Shaukat Tarin reveals GDP growth and other key economic indicators
Federal Finance Minister – Shaukat Tarin presented ‘Pakistan Economic Survey 2020-21’ on Thursday (today) revealing GDP growth and various other key economic and financial indicators.
Addressing a press briefing pertaining to Pakistan’s…
ECC allocates US$ 1 billion for COVID vaccine procurement, says sources
Economic Coordination Committee (ECC) has reportedly approved the allocation of US$ 1 billion for procuring COVID-19 vaccine.
Sources say that ECC meeting chaired by Federal Finance Minister Shaukat Tarin has approved US$ 1 billion grant for…
FATF acknowledges Pakistan’s success in tackling money laundering, other issues
Financial Action Task Force’s (FATF) Asia Pacific Group (APG) on money laundering, has acknowledged Pakistan’s notable progress and success in addressing various complaints and issues raised by the watchdog earlier.
In its Mutual Evaluation…
Finance Ministry revises national savings certificates
Federal government has revised its policy regarding the returns on various national savings certificates. The changes will be effective immediately.
As per details, Bahbood Savings Certificates will now provision 11.28 % return as compared to…
Dr Shamshad Akhtar to serve s PSX’s first ever female chairperson
Veteran economist and former State Bank of Pakistan (SBP) governor – Dr Shamshad Akhtar has been elected as first ever female chairperson of Pakistan Stock Exchange (PSC).
Dr Shamshad Akhtar was appointed as an independent director on PSX…
Pakistan’s remittances continue to exceed US$ 2 billion
Pakistan’s remittances have continued to exceed US$ 2 billion mark for the 10th consecutive month, said State Bank Of Pakistan (SBP) on Monday (today).
According to SBP, remittances have continued their record run of above US$ 2 billion for…
World Bank to provide US$ 120 million PM Imran’s pro-environment initiatives
The World Bank (WB) has announced its decision to provide US$ 120 million for PM Imran Khan’s various pro-environment initiatives and programmes.
WB’s country director Najy Benhassine met with Malik Amin Aslam – SAPM on Climate Change, and…