Current account deficit shrinks 73pc in nine months
KARACHI: The country's current account deficit (CAD) decreased to $2.78 billion during the first nine months (three quarters) of FY20, a decline...
Revenue target of Rs 5.1 trillion likely to be set for upcoming fiscal year
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to set the revenue collection target at Rs5,100 billion for next fiscal year...
CCP to prepare rules for online businesses
ISLAMABAD: Keeping in view the rapid growth of digital businesses and to address issues pertaining to competition, data protection and transparency in...
Covid-19: KP govt appoints six secretaries to implement SOPs in factories
PESHAWAR: The administrative secretaries of six Khyber Pakhtunkhawa departments have been empowered to get standard operating procedures (SOPs) implemented after the provincial...
SBP raises Rs435.5bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs435.5 billion through T-bills, against the auction target of...
SC issues notice to NBP in promotion case of 2,000 employees
ISLAMABAD: The Supreme Court on Wednesday issued notice to the National Bank of Pakistan (NBP) in a case regarding promotion of 2,000...
ECC approves release of Rs75bn for labourers under PM’s relief package
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the release of Rs75 billion out of Rs200 billion from the...
SBP relaxes its loan scheme to facilitate small businesses
KARACHI: The State Bank of Pakistan (SBP) has added further incentives to its recently introduced temporary scheme for businesses to get loans...
Govt to propose economic relief package before NCC : Hammad
The government will present a large package for needy and deserving people affected by coronavirus lockdown in a meeting of the National...
NAB to probe ‘billions looted’ in sugar, wheat crises
ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday announced to begin a “comprehensive” investigation on all aspects of the recent wheat and sugar...
PM launches Ehsaas Ration Portal to support the vulnerable
ISLAMABAD: Prime Minister Imran Khan on Tuesday formally launched Ehsaas Ration Portal, which is a donor-beneficiary linking system for ration distribution and set...
Saudi Arabia bars companies from laying off Pakistani workers
ISLAMABAD: The Saudi government has barred companies from laying off Pakistani workers during the next three months.
The decision to the effect was taken...
Power scam report to be made public, cabinet decides
–Govt forms commission of inquiry to conduct forensic audits of IPPs, other investigations within 90 days
–Cabinet divided over defending members, including Razak...
ECC likely to approve Rs200bn relief package for daily wagers
ISLAMABAD: The Economic Coordination Committee (ECC) is likely to approve a Rs200 billion relief package for daily wagers whose livelihoods have been...
Covid-19 relief package: NA body briefed over utilisation of Rs1,200bn
ISLAMABAD: Federal Finance and Revenue Secretary Naveed Kamran Baloch on Tuesday briefed the National Assembly’s Committee on Finance, Revenue and Economic Affairs...