Tag: Financial
Financial assets grew by 20pc till June 2010: SBP
KARACHI: The size of country's financial system, in terms of assets, has exhibited robust growth, rising by 20 percent to Rs 9.2 trillion by June 2010, compared to December 2008 level of Rs 7.71 trillion, the State Bank of Pakistan (SBP) revealed in its Financial Stability Review 2009-10 released on Tuesday.
The Report was an assessment of financial stability in 2009 (CY09) and the first half of 2010 (H1-CY10) and evaluated the government's role in enhancing development of the
The Report was an assessment of financial stability in 2009 (CY09) and the first half of 2010 (H1-CY10) and evaluated the government's role in enhancing development of the
Pakistan calls for revamping global financial system
NEW YORK: Pakistan Friday called for the early restructuring of the international financial system so that it may better serve the needs of developing countries and reduce its vulnerability to financial crisis in the future.
"I would like to emphasize that solutions to global problems are based upon open, inclusive and transparent processes," Senate Chairman Farooq H Naek said during the annual parliamentary hearing held at UN Headquarters in New York.
He also expressed his
"I would like to emphasize that solutions to global problems are based upon open, inclusive and transparent processes," Senate Chairman Farooq H Naek said during the annual parliamentary hearing held at UN Headquarters in New York.
He also expressed his
Center summons financial experts to finalise GST bill
KARACHI: The federal government has summoned the financial experts from the four provinces to finalise the Reformed General Sales Tax (GST) bill, Pakistan Today learnt on Sunday.
According to sources in the Sindh government's Finance Department, the main objective of the two-day meeting, from November 29 to 30, is to discuss in detail the reformed GST bill, which would be presented in the provincial assemblies after its passage from the National Assembly. The sources said the
According to sources in the Sindh government's Finance Department, the main objective of the two-day meeting, from November 29 to 30, is to discuss in detail the reformed GST bill, which would be presented in the provincial assemblies after its passage from the National Assembly. The sources said the
Sindh won’t accept devolution without financial powers: CM
KARACHI: The devolution of federal departments to the provinces under the 18th Amendment is being done without assigning financial powers that will be unacceptable, the Sindh chief minister said on Friday.
"The federal government wants to transfer the departments without financial powers, and the Sindh government will not withdraw from its constitutional rights," Sindh Chief Minister Qaim Ali Shah said while presiding over a meeting held here to review progress on devolution of
"The federal government wants to transfer the departments without financial powers, and the Sindh government will not withdraw from its constitutional rights," Sindh Chief Minister Qaim Ali Shah said while presiding over a meeting held here to review progress on devolution of
ZTBL threatening audit officials for seeking financial records
ISLAMABAD: The Zarai Taraqiati Bank Limited (ZTBL) has not provided the financial record of the last two years and has threatened to use political influence, audit officials informed the special committee of the Public Accounts Committee on Friday.
The PAC special committee met with Mian Riaz Hussain Pirzada in the chair to review audit reports of the Finance Ministry for the years 1994-95 and 1997-98. Taking serious notice of the ZTBL's defiance, the committee chairman warned
The PAC special committee met with Mian Riaz Hussain Pirzada in the chair to review audit reports of the Finance Ministry for the years 1994-95 and 1997-98. Taking serious notice of the ZTBL's defiance, the committee chairman warned
