Pakistan wants to sell a big chunk of its 25 percent stake in the Reko Diq mine in exchange for… Read More
FBR Eases Filing Requirement For Those Already Registered With Sales Tax Department
The Federal Board of Revenue has eased the requirement of filing balance sheets of assets and liabilities for individuals, association… Read More
World Bank to Provide $270 Million Additional Financing for CRISP Program
The World Bank will provide additional financing of $270 million for the Crisis-Resilient Social Protection (CRISP) program to support the… Read More
FTO Directs Customs to Deposit Gold, Cash in SBP or National Bank For Safe Keeping
Federal Tax Ombudsman (FTO) has directed the customs authorities to deposit all the valuable articles including gold/cash and ornaments etc… Read More
Aurangzeb to Request IMF Managing Director New Loan Program Today
Finance Minister Mohammad Aurangzeb will meet the Managing Director International Monetary Fund (IMF) Kristelina Georgieva in Washington to formally request… Read More
Govt in a Hurry to Allow Pump Owners to Set Their Own Petrol Prices
The government is moving quickly to deregulate the prices of petroleum products to address concerns about rising fuel prices and… Read More
Bank Financing For Cars Declines 21 Months in a Row
Car financing continued to fall 21 months in a row in the calendar year 2024, down 24.4 percent YoY to… Read More
Pakistan Can Become A $3 Trillion Economy By 2047, Says World Bank
Federal Minister for Finance and Revenue Muhammad Aurangzeb attended the “Roundtable on Implementing for Faster Results and Greater Impact” organized… Read More
Saudi Arabia Edges Closer to Invest $1 Billion in Reko Diq
Saudi Arabia is edging closer to investing $1 billion in the Reko Diq gold and copper mine in Pakistan, Bloomberg… Read More
IMF Vows Support For Pakistan After Aurangzeb’s Meeting With Donald Lu
The International Monetary Fund (IMF) has reiterated support for Pakistan, just a few hours after Finance Minister Muhammad Aurangzeb met… Read More
State Bank Reserves Stay Above $8 Billion Despite $1 Billion Bond Repayment
The foreign exchange reserves held by the central bank increased by $14.4 million on a weekly basis, according to data… Read More
Toxic Relationships: Pakistan, IMF Should Opt For An Exit Program And Move On
Finance Minister Muhammad Aurangzeb’s current negotiations with the International Monetary Fund (IMF) have evoked mixed reactions from commentators – one… Read More