FBR, telecom operators fail to reach consensus over SIM blocking of non-filers
On May 1, the FBR released a list of 506,671 non-filers of income tax returns whose mobile phone SIMs would…
Economy
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IMF approves immediate disbursal of $1.1 billion loan tranche to Pakistan
Pakistan had agreed to maintain the primary budget surplus at 0.4% of GDP as part of the $3 billion SBA….
Pakistan mulls to move towards ‘digital currency’, says Finance Minister
During the special WEF session in Saudi Arabia, the Finance Minister described the undocumented economy as the biggest challenge. ISLAMABAD:…
Pakistan’s Foreign Exchange Reserves Expected to Reach $9-10 Billion by June: Finance Minister
Aurangzeb emphasized the need for timely decision-making and implementation, citing examples of the judiciary and tribunals. Islamabad: Federal Finance Minister…
Pak-Iran trade volume to be increased to $10bn, affirms President Raisi
PM Shehbaz predicted that Iran would advance under Raisi’s direction, referring to him as an “ocean of political intelligence and…
PSX shows signs of recovery, opens at 70,909 points
The market is being supported by the finance minister’s travel to the US to clinch another IMF program. KARACHI: The…
Pakistan Post faces loss of 500 million rupees: Report
Sources further revealed that, in these 86 incidents, the Pakistan Post Office has suffered a loss of 13.18 million rupees….
World Bank asks Pakistan for tax reforms
It is also recommended to formulate a long-term commercial tariff strategy and align the gas tariff for consumers with the…
Pakistan Engages in Crucial Talks at IMF & World Bank Meetings in Washington
Minister Aurangzeb held discussions with World Bank President, Rajeev Banga, focusing on Pakistan’s economic situation. Pakistan Engages in Crucial Talks…
IMF predicts Pakistan’s economy to grow by 3.5% in FY25
Unemployment in the country is expected to decrease to 8 percent in 2024, from 8.5 percent in 2023, to 7.5…