IMF delineates steps to curb gas circular debt Fund suggests price adjustments should continue to move toward the full phasing out of captive power usage this year Updated 11 May, 2024 08:10pm
Print Gross external financing needs: IMF lowers projection to $21.044bn ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing... Updated 11 May, 2024 08:41am
Business & Finance Commitment to IMF: Primary surplus of 1pc of GDP for FY25 aimed at ISLAMABAD: Pakistan has committed to the International Monetary Fund (IMF) that the policy and reform effort started... Published 11 May, 2024 06:22am
Print Govt mulling taking big step to reduce pension burden Finance Minister Muhammad Aurangzeb says issue of pension a huge burden Updated 08 May, 2024 09:21am
Business & Finance TRACIT recommends ‘Anti-Illicit Trade Coordinator’ to deal with challenge of illicit trade ISLAMABAD: The Transnational Alliance to Combat Illicit Trade (TRACIT) recommended “Anti-Illicit Trade... Published 07 May, 2024 08:05am
Opinion Uncertain budgetary outcome in 2023-24 The outcome numbers on the fiscal operations for the first three quarters of 2023-24 have been released recently by... Published 07 May, 2024 06:05am
Editorials Hurting growth of formal economy EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy... Published 06 May, 2024 05:30am
Pakistan Youth employment: PIDE seminar urges need of over 8pc sustainable GDP growth ISLAMABAD: Pakistan requires a sustainable GDP growth of more than eight percent for youth employment, to reduce the... Updated 04 May, 2024 06:32am
Opinion Transparency, taxation & reforms Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given... Published 03 May, 2024 06:29am
Print PM asks Aurangzeb to revise borrowing limit for provinces ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit... Updated 03 May, 2024 09:26am
Editorials A questionable policy stance EDITORIAL: The Monetary Policy Statement (MPS) dated 29 April 2024 left the discount rate unchanged at 22 percent on... Published 02 May, 2024 04:58am
Opinion Ending hopium-V • Next is for MoI&P (Ministry of Industries and Production), MoITT (Ministry of Information Technology and... Published 01 May, 2024 04:14am
Opinion Stirring up the soul, is it? Is it déjà vu? Is it an illusion? Is it a knee-jerk? Is it real? Is it happening? These are all the questions that... Published 01 May, 2024 04:14am
Print Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments Updated 01 May, 2024 04:36pm
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Opinion The LSM sector Large scale manufacturing (LSM) registered negative 0.52 (cumulative) July-January 2024 against negative 2.67 ... Updated 29 Apr, 2024 05:25am
Business & Finance Upcoming budget: KATI chief for inclusion of agri sector in tax net KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the... Published 27 Apr, 2024 05:03am
Business & Finance Indonesia says posts Jan-Mar budget surplus of 0.04% of GDP JAKARTA: Indonesia booked a budget surplus of 8.1 trillion rupiah ($499.38 million) in the January-March period, or... Published 26 Apr, 2024 10:02am
World Sunak vows more spending for UK defence in 'dangerous world' WARSAW: Prime Minister Rishi Sunak said on Tuesday he would lift defence spending to 2.5% of GDP to reach 87 billion... Updated 23 Apr, 2024 08:44pm
Editorials No end to climate troubles EDITORIAL: Earlier predictions about the effects of climate change are turning out to be so frighteningly true that... Published 21 Apr, 2024 04:10am
Print 24.8pc inflation forecast: IMF projects 2pc growth ISLAMABAD: The International Monetary Fund (IMF) has projected the GDP growth rate for Pakistan at two per cent for... Updated 17 Apr, 2024 09:41am
Business & Finance China’s Q1 GDP growth solid but March data shows feeble demand BEIJING: China’s economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some... Published 16 Apr, 2024 11:53am
Print World Bank quantifies Pakistan’s financing needs ISLAMABAD: The World Bank has stated that Pakistan now faces financing needs surpassing 10 percent of Gross Domestic... Updated 16 Apr, 2024 11:07am
BR Research An interview with Anwar Kashif Mumtaz, President, Pakistan Tax Bar Association ‘Documentation is the only way forward’ Anwar Kashif Mumtaz (Advocate Supreme Court) is a Tax and Corporate Lawyer,... Published 15 Apr, 2024 10:38am
Print Multiplicity of taxes heavily burdening industrial sector Claim by the manufacturing sector is that while their share in Gross Domestic Product (GDP) is 20 percent yet their contribution in taxes is over 60 percent Updated 15 Apr, 2024 09:41pm
Print FY24 real GDP projected to grow by 1.9pc ISLAMABAD: Pakistan’s real GDP is projected to grow by 1.9 percent in fiscal year 2024, driven by a rebound in... Updated 13 Apr, 2024 01:38pm
Print SIFC helps FBR collect Rs6.71trn in Jul-Mar FY24 The government is likely to achieve its Rs 9.415 trillion revenue collection target for 2023-24 Updated 09 Apr, 2024 09:50am
Opinion Exiting the economic quagmire: a call to action Pakistan finds itself ensnared in a period of stagnant growth. If the World Bank’s projection of GDP growth for ... Published 08 Apr, 2024 04:46am
Editorials The quest for FDI EDITORIAL: World Bank report titled “South Asia Development Update Jobs for Resilience” highlights the existing... Published 08 Apr, 2024 04:46am
Print SOEs: PM for speeding up sell-off process ISLAMABAD: Prime Minister Shehbaz Sharif has directed to speed up the process of reforms and privatisation of... Updated 05 Apr, 2024 09:57am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees