The Federation of Pakistan Chambers of Commerce and Industries (FPCCI) has made a big demand from the government and Monetary… Read More
Petroleum Industry Urges FBR to Reconsider Recent Budget Taxes on OMCs
The Oil Marketing Association of Pakistan (OMAP) has raised concerns regarding the recent budget announcement and its implications for the… Read More
Pakistan Applies for $1.75 Billion Loan from 3 International Lenders
The Finance Ministry has applied for a total of $1.75 billion in loans from three key financial institutions namely the… Read More
Talks Underway for Saudi Investment Projects, More Loans from Commercial Institutions: Finance Minister
Investment projects under mutual agreements with Saudi Arabia are being negotiated while more talks are ongoing with commercial institutions regarding… Read More
Mid-Week Blues: Pakistani Rupee Depreciates 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) lost further ground against the US Dollar third day in a row today after opening trade… Read More
Audit Exposes Over Rs. 20 Million in Unauthorized Payments to USF Employees
The Auditor General of Pakistan has uncovered irregularities involving the payment of Rs. 20.654 million to employees of the Universal… Read More
JP Morgan, Investors Express Keen Interest in Pakistan’s Renewable, IT, Financial Sectors
Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with a delegation of international investors led by Amin… Read More
Pakistan Still Missing From IMF Board’s Meeting Agenda This Month
The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board meetings scheduled till… Read More
Pakistan in Final Stages of Securing Debt Rollovers: Aurangzeb
Discussions with some of Pakistan’s prominent lending partners for the rollover of maturing debt are progressing positively and in the… Read More
Pakistan in Advanced Stages of Securing External Financing to Unlock $7 Billion IMF Loan
Pakistan is at an advanced stage to get external financing commitments which will help unlock the new $7 billion International… Read More
FBR Drafts Mini-Budget Proposal If Revenue Shortfall Continues in September
The Federal Board of Revenue (FBR) is likely to raise a 1 percent rate on 31 different kinds of withholding… Read More
Finance Ministry Cuts Markup Rate on Provident Fund for Govt Employees
The Finance Ministry has notified that the rate of markup on state provident fund, i.e. general provident fund for the… Read More
