Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout
A lull in Pakistani exports and a relative spike in imports has led to a shortage of dollars in the economy, putting pressure on the local currency and dwindling foreign currency reserves
EAC in disarray, as Dr Imran Rasul resigns from his post
Dr Atif R. Mian's removal from the EAC on Friday resulted in Dr Asim Ijaz Khawaja resigning from his post and Dr Imran Rasul followed suit on Saturday by tendering his resignation
Revised finance bill to be presented in Parliament next week: Asad Umar
He dismissed the speculation that the newly installed government had shut off the IMF window permanently and said the government was considering every option to manage the external sector vulnerabilities
Eminent economist Dr Atif Mian removed from EAC after backlash
Aged 43, and a scholar in the field of finance and macroeconomics, Mian is regarded as one of the world’s top young economists
Engro Polymer & Chemicals to enter hydrogen peroxide business with $23m investment
Engro Polymer & Chemicals Limited derives hydrogen as part of its caustic manufacturing process
NAB asks FBR for assistance in investigation against declining revenues from tobacco sector
ISLAMABAD: The National Accountability Bureau (NAB) has asked the Federal Board of Revenue (FBR) to appoint a focal person for assistance in...
Pakistan neglects tax reforms in drive to improve ease of doing business
ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...
SBI supporting local, foreign investors through SEZs
KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...
SECP issues anti-money laundering guidelines for non-profits
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) guidelines for Non-Profit Organisations...
Revenue from cigarette industry surges by Rs88.54bn in 2017-18
KARACHI: On a report of the Public Accounts Committee (PAC) submitted on May 23, the National Accountability Bureau (NAB) has initiated an investigation...
PM directs petroleum ministry to address gas theft
LAHORE: Prime Minister Imran Khan today directed the Petroleum Division to chalk out a comprehensive plan for checking gas theft in the country...
FBR launches offline mode App for taxpayers to file returns
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an application enabling taxpayers to file Income Tax Return and Wealth Statement without...
Appointment of FMU DG a herculean task as country faces FATF grey list challenge
ISLAMABAD: It could be a daunting task for the government to appoint the new Director General (DG) of Financial Management Unit (FMU),...
Funds from possible IMF bailout won’t be utilized to repay Chinese debt: Report
China had exhibited flexibility in its negotiations with Pakistan regarding terms and conditions of loans obtained, said Pakistan’s General Consul in Hong Kong
Supreme Court dismisses petition challenging merger of KASB-BankIslami
In July, SBP also disposed of all the objections raised by the shareholders regarding the amalgamation of the defunct KASB Bank into BankIslami