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Business & Economy Updated 12 May, 2024 03:38pm

‘No turning back’: Finance Minister Aurangzeb vows to broaden tax base

‘We [I and Dar Sb] are absolutely on the same wavelength that there is no such thing as strategic SOE’

Business & Economy Published 05 May, 2024 09:40pm

IMF says its mission will visit Pakistan this month to discuss new loan

Pakistan is expected to seek at least $6 billion and request additional financing

Pakistan Published 05 May, 2024 09:25pm

Political parties should bring their own finance minsiters, Zubair says

Adds that Stock Market is manipulated by a few dozen people

Pakistan Updated 27 Apr, 2024 01:06am

PM Shehbaz describes Track and Trace System as ‘fraud’

Says Pakistan's economic conditions show improvement

Business & Economy Published 24 Apr, 2024 10:14pm

IMF confirms meeting on April 29 to review Pakistan tranche

Pakistan is also seeking a new long-term, larger IMF loan

Business & Economy Published 18 Apr, 2024 07:22pm

SBP chief says deceleration in inflation is broad-based

Jameel Ahmad cites inflation had fallen sharply over the past year

Business & Economy Published 16 Apr, 2024 08:15pm

IMF sees Pakistan economy grow next year

Says consumer prices expected to decrease next year

Business & Economy Published 13 Apr, 2024 04:56pm

Pakistan makes major loan repayment ahead of IMF talks

Pakistan has been grappling with a severe balance of payments crisis, along with soaring inflation

Business & Economy Published 02 Apr, 2024 03:24pm

World Bank forecasts bleak Pakisani economy for the next 3 years

WB calls for clearly articulated agenda to improve economic outlook

Pakistan Published 21 Mar, 2024 10:46am

IMF recommends imposing taxes on online commerce platforms

The websites that only list advertisements from sellers will not be taxed

Business & Economy Updated 19 Mar, 2024 01:13pm

Pakistan needs $4.8 billion before July, says SBP governor

Adds that govt is planning to get billions worht of debt rolled over

Business & Economy Published 11 Mar, 2024 09:55pm

Former HBL CEO Aurangzeb takes over as Pakistan’s finance minister

Aurangzeb was picked over several veterans previously involved in handling the $350 billion economy

Pakistan Updated 08 Mar, 2024 11:45pm

IMF backs new Pakistan programme, urges electoral row resolution

IMF to send team for second review after cabinet is formed

Business & Economy Published 01 Feb, 2024 09:00pm

New year brings higher inflation for Pakistanis

Report reveals inflation is higher in urban areas compared to rural

Business & Economy Published 28 Jan, 2024 02:48pm

How will dollar’s value fare after elections?

The value of the rupee has imporved since the year began

Business & Economy Published 09 Jan, 2024 01:26pm

Oil prices predicted to fall as production declines

Manufacturing and construction has slowed down across the world, affecting demand

Business & Economy Updated 08 Jan, 2024 11:51pm

PSX briefly crosses 65,000 barrier in intraday trading before closing negative

Benchmark index closes at 64,237.02 after shedding 277.87 points

Pakistan Published 27 Dec, 2023 03:43pm

Pakistan’s quest for stability and progress to continue in 2024

Pakistan is in danger of experiencing economic instability

Business & Economy Published 25 Dec, 2023 10:33am

World Bank fears policy reversals after general elections

Political, governance risks are high because of upcoming poll, says international lender

Business & Economy Published 13 Dec, 2023 06:42pm

Fitch maintains Pakistan’s rating unchanged at ‘CCC’

Says elections could endanger the durability of recent reforms

Business & Economy Published 07 Dec, 2023 10:58am

Oil rebounds from six-month-low, demand concerns still cloud

'Oil markets may have been oversold,” which could mean the recovery is a “short-term rebound,' says markets analyst

World Published 05 Dec, 2023 05:17pm

India to be world’s third-largest economy by 2030: S&P Global Ratings

India has one of the youngest working populations in the world

Pakistan Published 29 Nov, 2023 12:13pm

IMF team discusses establishing autonomous customs body

The ongoing talks have no link to the IMF program, sources said

Business & Economy Published 26 Nov, 2023 10:23am

No plans to demonetise Rs5,000 note, Shamshad Akhtar clarifies

Adds that real solution is providing lucrative investment opportunities to public

Business & Economy Published 16 Nov, 2023 11:33pm

SBP’s forex reserves fall to $7.39b

Total liquid foreign reserves of country stands at $12.53b

Pakistan Published 16 Nov, 2023 07:34pm

PM directs all stakeholders to pursue SIFC initiatives to reap dividends

Apex committee calls for making comprehensive strategy to address oil and gas issues

Business & Economy Published 15 Nov, 2023 11:10am

Govt expects good news as IMF talks end

Govt has agreed on a windfall tax on banks

Pakistan Updated 14 Nov, 2023 11:30am

IMF seeks assurance from friendly countries before extending loans to Pakistan

The second tranche of $710 million could be released by December

Business & Economy Updated 13 Nov, 2023 10:58pm

Pakistan assures IMF of more tax collection from real-estate sector: sources

Interim govt says will not introduce mini-budget and new taxes

Business & Economy Updated 13 Nov, 2023 05:28pm

Stock market crosses 56,000 points for the first time

KSE-100 Index records biggest single-day rally since Aug 9