FBR exceeds July collection target by Rs57bn
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday announced that it collected Rs300 billion revenue in July 2020, overshooting the assigned...
FBR suspends another 42 officials
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday issued notifications intimating the suspension of 42 officials.
According to reports, the FBR has...
SBP reserves fall $146m to $11.97bn
Central bank attributes the decrease to govt's external debt repayments
British Airways announces resumption of flights to Pakistan
British Airways has announced it is resuming flight operations to Pakistan from the UK, a statement from British High Commission in Islamabad...
Covid-19: PPE worth $0.5m distributed among frontline workers
Health ministry distributes nine metric tonnes of Personal Protective Equipment made available by ADB and UNICEF
Govt to deliberate ‘tourism reopening plan’ after Eid
NCOC will take a decision in this regard after evaluating the ground situation of coronavirus in the country
Pre-Covid stabilisation measures helped cushion virus-induced economic downturn: SBP
'Pakistan's real GDP contraction in FY20 was less severe compared with other parts of the world'
Oil prices slide as virus surge weighs on demand outlook
LONDON: Oil prices fell on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just...
FATF-related bills sail smoothly through Senate
--Bills passed with majority vote as JUI-F accuses PML-N and PPP of supporting govt on legislation
--Qureshi says Senate has 'defeated India's ambitions'...
US provides 100 ventilators to Pakistan to combat virus
ISLAMABAD: The US government, through the United States Agency for International Development (USAID), has provided an additional 100 respiratory ventilators to Pakistan in order...
Businesses to remain open in Islamabad before Eid
ISLAMABAD: Islamabad Capital Territory (ICT) Administration has allowed businesses in the federal capital to remain open before Eid-ul-Azha.
Islamabad Chamber of Commerce and...
Stocks rally 422 points ahead of Eid holidays
KARACHI: The Pakistan Stock Exchange (PSX) ended the last session before Eid holidays firmly in the green, as the benchmark KSE-100 index...
Chinese funding increases coal-fired power generation in Pakistan to record high
While other countries move away from coal-fired power due its negative environmental impact, Chinese funding has increased power generated through coal in...
OGRA proposes Rs7 per litre increase in petrol price
However, the govt is expected to increase the price of petrol and HSD by Rs4-5 per litre by bringing down the rate of petroleum levy
Govt obtained $10.6b in foreign loans in FY2019-20, including $3.373b commercial borrowings
ISLAMABAD: The government has obtained $10.6 billion foreign loans from multilateral and bilateral creditors during the financial year 2019-20. Out of this...