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Business & Economy Published 30 May, 2023 08:42am

IMF hoping for board meeting on Pakistan before current program expires

This engagement will focus on the restoration of foreign exchange proper market functioning, says IMF mission chief

Pakistan Published 25 May, 2023 03:09pm

Finance ministry suggests 20% increase in salaries of govt employees

The federal budget 2023-24 will be presented in the National Assembly on June 9

Pakistan Updated 19 Apr, 2023 03:49am

ECP warns staggered elections will lead to anarchy, poll violence

Defence ministry also calls for simultaneous elections across the country

Pakistan Updated 16 Apr, 2023 09:24pm

Rs129b for development released, election funds still under discussion

NA committee will once again ponder the SC order for election funding

Business & Economy Published 13 Apr, 2023 11:16pm

Pakistan reiterates it has completed all requirements for bailout

Finance minister says all international obligations have been addressed in time

Business & Economy Published 16 Mar, 2023 12:12am

Petrol price increased by Rs5

Prices of high speed diesel and kerosene also increased

Business & Economy Updated 09 Mar, 2023 01:13pm

Pakistan expected to sign IMF deal in ‘next few days’

Finance Minister Ishaq Dar says his team is 'absolutely committed' to completing programme

Pakistan Published 06 Mar, 2023 08:05pm

NEPRA approves Rs3.39 per unit hike in electricity prices

The surcharge will apply to from March to June

Business & Economy Updated 25 Feb, 2023 07:17pm

Finance Ministry rebuts news about blocking salaries and pensions

A report had claimed that payments would be stopped due to financial difficulties

Pakistan Published 23 Feb, 2023 10:41am

New taxes become official as President Alvi signs finance bill

The mini-budget was tabled to fulfill IMF conditions

Pakistan Published 22 Feb, 2023 09:11am

Pakistan finance secretary sees IMF staff level talks wrapping up this week

The mission was recently in Pakistan but left without a conclusion.

Pakistan Published 16 Feb, 2023 01:22pm

Supreme Court okays 4% super tax for all industries

The tax had been overturned by the Sindh High Court last year

Pakistan Updated 09 Feb, 2023 10:35am

Federal govt refuses to give security and additional funds for provincial elections

Interior and finance ministries say their hands are full

Pakistan Published 02 Feb, 2023 11:07am

IMF asks govt to end power subsidies: sources

The Fund's team is reportedly dissatisfied with how talks are progressing

Business & Economy Published 05 Jan, 2023 07:22pm

Ishaq Dar gives earful to federal govt officers seeking allowance increase

Finance minister's order reduced officers' executive allowance to 100% of basic pay instead of 150%

Business & Economy Updated 16 Dec, 2022 02:46pm

Govt slashes petrol prices by Rs10 per litre

Petrol will now be available at Rs214.80

Pakistan Published 15 Dec, 2022 12:26pm

Dollars disappear from open market due to hoarding

Traders say there is a huge gap between open market rate and actual rate

Business & Economy Published 07 Dec, 2022 09:17am

Pakistan committed to completing IMF programme: Dar

Finance ministry says IMF programme has come 'back on track'

Business & Economy Published 29 Nov, 2022 09:01am

Pakistan, IMF begin talks on $7b loan review

Lender asks Pakistan to ‘reduce expenses’

Business & Economy Published 06 Apr, 2022 09:05am

UAE defers $2b debt payment on govt’s request

‘The deferral of the debt will help reduce external financial pressure,’ say finance ministry officials

Pakistan Updated 29 Mar, 2022 11:20am

Govt ‘fears’ domestic, global crisis may impact economic recovery

Says inflation, current account deficit are still under pressure

Business Published 01 Mar, 2022 01:29am

Finance Ministry notifies Rs10 per liter reduction in petrol price

Petrol will be sold at Rs149.86 while diesel at Rs144.15

Pakistan Updated 24 Feb, 2022 05:37pm

Govt notifies 15% raise for grade 1-19 employees

The allowance would be admissible to civil employees in BPS 1 to BPS 19 of the federal govt

Must Read Published 19 Jan, 2022 12:18pm

Spokesperson to finance minister denies rise in inflation, sparks outrage

Spokesperson to finance minister Muzzammil Aslam said on Tuesday that the prices for local food and beverages are...

Business Published 02 Jan, 2022 10:37am

Tough decisions taken for sake of economic growth, says Aslam

Finance ministry spokesperson dismisses impression that basic items’ prices are being increased due to tax measures

Pakistan Published 02 Jan, 2022 10:33am

Govt to import pulses to bridge supply-demand gap

National food security and research ministry will move the summary for the ECC

Pakistan Published 28 Dec, 2021 10:46am

Inflation won’t subside anytime soon

Major contributors of inflation include higher global commodity prices, electricity charges, house rent and transportation cost, read finance ministry's monthly outlook