Dollar hits all time high of Rs160.73 against Pak rupee
The Pakistani Rupee (PKR) on Wednesday morning fell further in the early hours of trading at the interbank to another all-time low of Rs160/Rs161 against US Dollar (USD).
Petroleum Division seeks up to 200pc hike in gas prices for domestic consumers
'The hike in gas prices, if approved without any changes, will put an additional burden of Rs175bn on consumers'
The Petroleum Division...
Outgoing FATF chief ‘hints’ at blacklisting Pakistan
Marshall Billingslea says with regard to an action plan agreed in June 2018, Pakistan is 'lacking in almost every respect'.
Outgoing Financial...
Register now, pay taxes later, PM Imran tells nation
Says people can declare their assets by June 30 deadline and make payments in instalments
Promises to reform tax authority, says...
Qatar announces $3bn investment in Pakistan
'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn'
ISLAMABAD: Following the two-day official visit of Qatar Emir Sheikh...
Govt sets ambitious target of 5.5% average GDP growth rate during its 5 year tenure
ISLAMABAD: Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar informed the National Assembly that the Pakistan Tehreek-i-Insaf (PTI) government has set...
FATF urges Pakistan to complete action plan by October
Pakistan says committed to implementing AML/CFT regime
Pakistan has until October to improve its counter-terror financing operations in line with an internationally...
FBR traces out 13,500 expensive, luxury cars in Sindh
KARACHI: The Federal Board of Revenue (FBR) has tightened the noose against tax defaulters, owning expensive cars and living a luxurious life without...
‘PM Office expenses reduced by 32pc’
Finance ministry says PM Office slashed 35pc human resource and massively reduced expenditure on refreshments, fuels and procurement of equipment
ISLAMABAD: Owing to...
Hafeez Sheikh forms committee to address business community’s woes
LAHORE: Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday constituted a high-powered committee to rectify the anomalies in the proposed...
Pakistan, World Bank sign loan agreements worth $918m
ISLAMABAD: Pakistan and World Bank (WB) on Tuesday signed three loan agreements worth $918 million to help support revenue mobilisation and higher...
Qatar to invest $22bn in Pakistan: report
Qatari Emir Sheikh Tamim bin Hamad Al-Thani will visit Pakistan on June 23 (Sunday), a private media house reported on Monday.
According to...
All IMF tasks accomplished, says SBP governor
Dr Reza Baqir says exchange rate regime part of economic reforms
Says SBP keeping close eye on forex market, will intervene...
Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
Pakistan to get $3.4bn in budgetary aid from ADB
'$2.2bn will be released in the first quarter of FY20'
ISLAMABAD: Pakistan will receive $3.4 billion in budgetary support from the Asian Development...