Tag: Economy

Govt gives in to traders’ demands

--Traders with annual turnover of Rs100m would have to pay 0.5 per cent in tax --No action against CNIC violation till Jan 2020   ISLAMABAD: A protracted...

Business tycoons call on Gen Bajwa as economy nosedives

--Business delegation to call on PM on Thursday to discuss NAB harassment among other things ISLAMABAD: A delegation of at least 20 businessmen, comprising heads...

Trump repeats Kashmir offer but conditions apply

--US president says will talk to Modi about Kashmir lockdown but can mediate only if India agrees --Imran says Trump has a major responsibility in...

Joining anti-terror war was Pakistan’s biggest mistake, says PM Imran

--Premier says he will try to convince President Trump to resume talks with Afghan Taliban --Urges int’l community to push India into ending Kashmir lockdown --Says...

Govt expects Rs1tr in non-tax revenue, says finance adviser

--Hafeez Shaikh says reforms bearing fruit, economy moving towards stability --Says privatisation of National Bank, State Life Insurance under consideration ISLAMABAD: Adviser to the Prime Minister...

PM seeks businessmen’s support to revive economy

--Imran says govt undertaking reforms to strengthen economy, enhance FBR's performance for tax boost --Says nation needs to change mindset about taxation, imperative for traders to...

India plans infrastructure investments to lift economy

NEW DELHI: Indian Prime Minister Narendra Modi’s government on Friday proposed heavy investments in infrastructure, the digital economy and job creation to lift a...

Hafeez Shaikh says IMF package will bring in more money

--'IMF agreement is a message to the world that Pakistani will exhibit responsibility in controlling its expenditures' --'A record 137,000 people declared their assets and...

Ruckus in parliament disappoints CJP Khosa

Chief Justice of Pakistan (CJP) Asif Saeed Khosa on Wednesday expressed disappointment over the prolonged commotion in the National Assembly on the issue of...

All IMF tasks accomplished, says SBP governor

--Dr Reza Baqir says exchange rate regime part of economic reforms --Neither a fixed exchange rate nor a free float is appropriate for economy, SBP...

Jailing dissidents does no favours to economy, says Hamza Shehbaz

Leader of the opposition in Punjab Assembly Hamza Shehbaz Sharif on Thursday said that jailing dissidents would not contribute to the country’s economy in...

Budget focused on adopting austerity, cutting expenditures, says govt

--PM’s finance adviser says ‘if some people are offended by increased taxation, govt is willing to take that risk’ --Shaikh says budget aims to develop...

Hike in petroleum prices another bombshell on poor, says Ishaq Dar

ISLAMABAD: Former finance minister Ishaq Dar on Tuesday said that the recent increase in the petroleum prices was another bombshell on the poor people,...

Indian economy in focus as Modi starts second term without key...

NEW DELHI: Indian Prime Minister Narendra Modi will take his oath of office on Thursday (today) along with his ministers, though he suffered a setback...

Govt’s economic experts to restore investors trust: Qureshi

MULTAN: Foreign Minister Makhdoom Shah Mahmood Qureshi said Thursday that the government had formed an experienced team of economic experts which would surely restore...

Another accused offers to turn approver against Zardari, Talpur

--IHC extends bail of Zardari siblings till May 15   ISLAMABAD: A third suspect offered to become an approver in the money laundering and fake bank accounts...

Pakistan to avail $6-8bn IMF package, says Asad Umar

--IMF delegation to visit Islamabad before end of April to continue discussions on bailout package --Finance minister says World Bank to give $7.5bn to Pakistan...