Business
Loaded with taxes, budget to rake in additional Rs3.8tr under IMF diktat
June 13, 2024
Loaded with taxes, budget to rake in additional Rs3.8tr under IMF diktat
ISLAMABAD: The government has heavily raised both direct and indirect taxes to a historic high in the budget, showing that…
Finance minister addresses post-budget press conference
June 13, 2024
Finance minister addresses post-budget press conference
ISLAMABAD: Finance Minister Muhammad Aurangzeb is addressing the post-budget press conference a day after unveiling an expansionary budget proposal of…
SBP cuts key rate by 150bps to 20.5% as inflation cools off
June 10, 2024
SBP cuts key rate by 150bps to 20.5% as inflation cools off
KARACHI: The State Bank of Pakistan (SBP) cut its key interest rate by 150 basis points on Monday in a…
FM emphasizes privatisation, dismisses notion of SOEs
May 12, 2024
FM emphasizes privatisation, dismisses notion of SOEs
Finance Minister Muhammad Aurangzeb emphasized on Sunday the need for privatisation and dismissed the notion of strategic state-owned enterprises (SOEs).…
IMF aims to milk more taxes from salaried individuals
May 8, 2024
IMF aims to milk more taxes from salaried individuals
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to tax the salaried and business individuals at a single income…
Saudi Arabia vows to bolster investment in Pakistan
April 16, 2024
Saudi Arabia vows to bolster investment in Pakistan
Saudi Foreign Minister Faisal bin Farhan Al Saud affirmed his commitment to bolstering economic ties with Pakistan, saying that his…
IT experts push for digital solutions
April 16, 2024
IT experts push for digital solutions
KARACHI: Digital marketing has overshadowed conventional methods because the advantages of digital tools far outweigh the disadvantages. Digital marketing targets…
Country set to repay $1b against Eurobond
April 7, 2024
Country set to repay $1b against Eurobond
KARACHI: Pakistan is set to repay a foreign debt worth $1 billion against a 10-year Eurobond maturing in the middle…
Over 10m Pakistanis may slip into poverty: WB
April 3, 2024
Over 10m Pakistanis may slip into poverty: WB
ISLAMABAD: In a dire forecast unveiled on Tuesday, the World Bank cautioned that over 10 million additional individuals in Pakistan…
Govt okays expensive $500m ADB loan
April 2, 2024
Govt okays expensive $500m ADB loan
ISLAMABAD: The government, on Monday, greenlit the acquisition of a hefty $500 million loan from the Asian Development Bank (ADB)…