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Pakistan » Business & Economy

IMF deposits $1.2bn in SBP: Ishaq Dar
Forex

IMF deposits $1.2bn in SBP: Ishaq Dar

  • During the week, Pakistan has received $4.2bn from different avenues including Saudi Arabia, UAE, and the Washington-based lender
  • SBA with IMF will now see two more reviews - in November and February
Updated 13 Jul, 2023 06:02pm
IMF announces staff-level agreement with Pakistan
Business & Economy

IMF announces staff-level agreement with Pakistan

  • Subject to Board approval, about $1.177bn will become available
  • IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases
Updated 14 Jul, 2022 10:13am
Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries
Business & Economy

Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries

  • We intend to tax high income earners so that the entire nation can reap the benefit through education, health, infrastructure, skills education and IT uplift, he says
  • Tax will be applicable on cement, steel, sugar, oil and gas, fertiliser, LNG, textile, banks, automobile, beverages, chemicals, tobacco and airlines
  • Collection from this tax will be used to alleviate poverty in Pakistan
Updated 24 Jun, 2022 02:53pm
SPI up 1.42pc WoW
Business & Economy

SPI up 1.42pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended May 19, 2022 recorded an increase of 1.42 percent...
Published 21 May, 2022 04:34am
FIA Registers multi-billion Rupees fraud case against Bhojanis
Business & Economy

FIA Registers multi-billion Rupees fraud case against Bhojanis

The case has been registered at the Judicial Magistrate South-1 Karachi under Section 154 Code of Criminal Procedure. The case has been registered after a complaint was filed by Syed Tahir of Pak China Fertilizers Limited against Rafiq Bhojani and three others regarding illegal transfer of shares of M/s Pak China Fertilizers by fraudulent manner through electronic means by using fake electronic data, according to the FIA report.
Published 02 Jun, 2021 12:47pm