Hafeez Shaikh expects 2pc GDP growth in next fiscal year
ISLAMABAD: With current projections of -1.5 GDP growth rate owing to the impact of COVID-19 pandemic, the country's economy would turn around...
PM approves establishment of Pakistan Post Pension Fund
ISLAMABAD: Prime Minister Imran Khan on Wednesday approved the establishment of Pakistan Post Pension Fund for an institutionalised mechanism for disbursing of pension.
Chairing...
ECC approves multi-billion package to boost agriculture, support farmers
Package includes subsidy on fertilizers, cotton seed and white fly pesticides; reduced bank markup on agri loans; sales tax subsidy on local tractors
Pakistan retains its place in MSCI Emerging Markets Index
Pakistan has successfully retained its upgraded status in the global MSCI Emerging Market (EM) Index, thereby averting the chances of being downgraded...
UK economy shrinks 5.8% in March, most on record
LONDON: Britain’s economy shrank by a record 5.8 percent in March from February as the coronavirus crisis escalated and the government ordered...
ISGS Board accepts MD Mobin Saulat’s resignation
Petroleum Division's Saira Najeeb Ahmed made acting managing director of ISGS
Govt agencies urged to end all agreements with tobacco companies
ISLAMABAD: The Global Tobacco Industry Interference Index (GTIII) has called for banning all tobacco-related corporate social responsibility (CSR) activities in Pakistan, saying...
Govt constitutes 10th National Finance Commission
--Centre includes resources for security and natural disasters/calamities as part of NFC ToRs
--President allows finance adviser to chair NFC in absence of...
FBR urged to abolish 3pc further tax on sales to unregistered persons
ISLAMABAD: The Federal of Pakistan Chamber of Commerce and Industry (FPCCI), in its budgetary proposals for the next fiscal year (FY21), has...
Hafeez assures full support to projects of maritime affairs ministry
Minister for Maritime Affairs Syed Ali Haider Zaidi called on the Adviser to the Prime Minister on Finance and Revenue Dr Abdul...
Physical work on Diamer-Bhasha Dam ready for commencement, PM told
ISLAMABAD: Prime Minister Imran Khan was informed on Monday that as per his directions, all issues related to the critically important Diamer-Bhasha...
Rozgar Scheme: SBP enhances financing limit to protect workers’ wages
KARACHI: The State Bank of Pakistan (SBP) has increased the financing limits for its temporary scheme, under which businesses can get loans...
Pakistan gets $1.8bn loan rescheduled from friendly countries
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Monday that $1.8 billion worth of loans...
PM meets economic team to discuss current financial situation
ISLAMABAD: Prime Minister Imran Khan held a meeting with his economic team and discussed matters pertaining to the current financial situation in...
International Industries Limited resumes plant operations for exports
International Industries Limited has announced that it has resumed its operations in all its factories across the country for exports, informed the...