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Tahir Amin

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IMF says communication focuses 'only on outcomes'

The International Monetary Fund (IMF) and Pakistani authorities remain closely engaged with a view to bringing the second review of the Extended Fund Facility (EFF) to a positive conclusion with ongoing discussions being virtual. This was stated by IMF Re
Published 13 May, 2020 12:07am
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Mobile phones/devices: FBR eyeing Rs 56 billion revenue

The Federal Board of Revenue (FBR) is expecting to generate Rs 56 billion of revenue on account of taxes/duties on commercial import of mobile phones/devices in 2019-20 i.e. 154 percent increase compared to Rs 22 billion during the same period of last yea
Published 10 May, 2020 12:02am
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IMF projects govt debt at 78.3pc of GDP

The International Monetary Fund (IMF) has projected total government net debt at 78.3 percent of the GDP for 2020 against 75.2 percent in 2019 that is an increase of 3.1 percent of the GDP.
Published 08 May, 2020 12:05am
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Educational institutes: Three provinces for continued closure

The inter-provincial education ministers' conference, on Wednesday, failed to develop consensus on the reopening of educational institutes and decided to send the matter to the National Coordination Committee (NCC). The inter-provincial education minister
Published 07 May, 2020 12:02am
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Three major demands of cellular firms accepted

The government has accepted three major demands of cellular companies including industry status, suspension of 12.5 percent withholding tax, and grant/auction of additional spectrum.
Published 05 May, 2020 12:06am
Joblessness, poverty may rise: EAD
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Joblessness, poverty may rise: EAD

The Economic Affairs Division (EAD) has stated that due to contraction in economic growth and fall in workers' remittances, the unemployment in Pakistan will increase leading towards raise in poverty besides tightening of financial conditions, leading to
Published 01 May, 2020 12:54am
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Foreign banks: Ministry urged to avoid loans at present rates

The Economic Affairs Division (EAD) has recommended the Finance Ministry to avoid heavy reliance on borrowing from foreign commercial banks at prevailing market rates for plugging fiscal as well as balance of payments gaps, as it is not only expensive but
Published 30 Apr, 2020 12:07am