FINANCE
Pakistan’s unemployment rate jumps to 7.1%
The unemployment rate has surged by 0.8 percentage points to reach 7.1 percent, according to the Labour Force Survey (LFS)...
IMF urges Pakistan to reduce discretionary exemptions
The International Monetary Fund (IMF) in its Governance and Corruption Diagnostic Assessment Report on Pakistan, has called for strict implementation...
Pakistan lifts ban on gold import and export
The federal government lifted the ban on the import and export of gold by restoring the suspended rules governing precious...
NFC meeting scheduled for December 4 to discuss IMF conditions
A meeting of the National Finance Commission (NFC) has been ‘scheduled’ for December 4 to discuss the implementation of IMF...
FBR to launch extensive audit of income tax returns this year
The Federal Board of Revenue (FBR) is set to conduct a historic and comprehensive audit of income tax returns this...
IMF seeks special audit of supplementary grants in Pakistan
The International Monetary Fund (IMF) has demanded a special audit of supplementary grants issued by Pakistan over the past ten...
Govt awaits IMF nod to unveil first industrial policy
The government has presented the country’s first National Industrial Policy (NIP) to the federal cabinet for approval, outlining major constraints...
Expert says Pakistani asset-backed crypto holdings could be $30 billion
Pakistanis are estimated to have invested $20-30 billion in asset-backed crypto instruments, experts told the Sustainable Development Policy Institute (SDPI)...
ECC approves over Rs659 bln guarantee for circular debt settlement
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Muhammad Aurangzeb, approved the issuance of over Rs659...
Hundreds of containers costs Rs.1bn daily stranded at ports due to Pak-Afghan tension
Recent cross-border clashes between Pakistan and Afghanistan have also badly disrupted the Afghan Transit trade, causing losses of billions of...
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