IMF postpones approval of review for $450m third tranche
ISLAMABAD: In the wake of situation emerging due to coronavirus and changing economic scenario,the International Monetary Fund (IMF) has delayed second review...
Imran reshuffles cabinet after damning report on sugar crisis
–Khusro Bakhtiar made economic affairs minister, Fakhar Imam to take charge of food security
–Hammad Azhar appointed industries minister, Khalid Maqbool’s resignation accepted
–Shahbaz...
Govt notifies Nausheen Amjad as new FBR chief
ISLAMABAD: Prime Minister Imran Khan on Monday appointed Nausheen Javaid Amjad, a senior officer of Inland Revenue Service (IRS), as the chairperson of...
‘Outbreak-led economic crisis’: Rs100bn package to help uplift industry, says Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Textile Abdul Razak Dawood on Sunday said the government had offered up to Rs100...
Imran delivers on promise, goes after sugar barons
–PM forms body to probe sugar price hike, conduct mills’ audit after report points to top PTI members’ involvement
–Commission says Sugar Advisory...
Covid-19: Goods’ transporters push panic button to win stimulus package
LAHORE: Amid coronavirus-fuelled panic across the country, goods’ transporters have raised fake alarm bells of hindrances by law enforcement agencies to get...
‘Economic stimulus’: PM gives major tax relief to construction sector
–Govt grants construction sector status of industry, won’t ask them about ‘source of income’ this year
–Imran says govt has to strike a...
Major oil refiners shut down as coronavirus destroys demand
ISLAMABAD: A number of refineries in the country are either curtailing operations or shutting down entirely as oil demand declines in the...
WAPDA to award Diamer-Bhasha Dam contract this month
--'The project is divided into six major components, for which separate contracts will be awarded in a phased manner'
--'The dam part of...
‘All resources being utilised to protect economy from virus impact’
--Hafeez Shaikh says after announcing a historic package, govt now striving to ensure transparent distribution of relief money
--Says all sales tax...
Pakistan to reduce LNG import from Qatar amid decline in consumption
ISLAMABAD: The government has decided to reduce the monthly import of Liquefied Natural Gas (LNG) from Qatar due to a significant decline...
Govt projects 5.1pc economic growth in next three years
Defence spending to be increased ‘in light of the geopolitical situation’
Inflation drops to seven-month low in March
CPI inflation further slows from 12.4pc in Feb to 10.24pc in March
Govt refuses to pay for bad currency bets made by textile exporters
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday made it clear that the government would not compensate losses of...
LPG price reduced by Rs39 per kg
ISLAMABAD: After petroleum products, the Oil and Gas Regulatory Authority (OGRA) has notified a decrease in the price of locally produced Liquefied...