Listen to the article The International Monetary Fund (IMF) in principle agreed a partial reduction in the tax rate for deductions on purchases of goods, following a request from the Federal Board of Revenue (FBR). The new rate, which will be reduced by two percent, is expected to come into force in April 2025. However, … Read more
A view of traffic jams on 9th avenue Road in Islamabad. – INP / File Islamabad: Islamabad traffic police issued a route plan for intense circulation in relation to Pakistan Day on March 23. A parade of the armed forces will be held in the federal capital on the occasion of Pakistan Day. According to … Read more
People buy dried fruit in a market in Karachi on February 1, 2023. – Reuters Some consumption items have seen price increases. SPI inflation has a rare drop of 1.2%. Onions experienced a massive drop of 67.67% prices in annual shift. Karachi: The sensitive price indicator (SPI), which measures short -term inflation in Pakistan, recorded … Read more
The spokesman for the Ministry of Foreign Affairs, Shafqat Ali Khan, speaks during his weekly press briefing in Islamabad, March 20, 2025. – Facebook / @ Foreignoffkk FO Slams India for having sponsored terrorism abroad. The Kashmir recognized territory contested: FO. Pakistani nationals are not included in any American list. Pakistan reiterated Thursday that India’s … Read more
A foreign currency dealer has US dollars in a store in Karachi on May 19, 2022. – AFP / File Pakistan will begin to receive $ 100 million each month from March. Islamabad will look $ 4.4 billion in foreign loans from March to June. Govt attracts $ 1.3 billion via Naya Pakistan certificates. Islamabad: … Read more
A participant stands near a World Bank logo in the International Monetary Fund – 2018 World Bank Annual Meeting in Nusa Dua, Bali, Indonesia, October 12, 2018. – Reuters The World Bank approves the financing of the RAM project. This will help strengthen the resilience of the microfinance sector. The project should benefit nearly 1.89 … Read more
The Minister of Finance and Revenues, Senator Muhammad Aurangzeb meets the World Bank team to discuss the national growth and tax program of Pakistan as part of the 10 -year national partnership (CPF) in Islamabad, March 17, 2025. The meeting focused on financing WB for economic reforms. The WB team presents continuous work linked to … Read more
A man passes in front of the logo of the International Monetary Fund (IMF) at his head office in Washington, United States, May 10, 2018. – Reuters The personnel agreement remains unresolved despite progress. Frequent policy changes hinder IMF negotiations. Praises the implementation of the program and budgetary reforms. Islamabad: Pakistan and the International Monetary … Read more
A family takes refuge on a higher ground following rains and floods during the Mousson season in Dera Allah Yar, District Jaffrabad, Balutchistan, August 25, 2022. – Reuters The grant agreement was signed on September 16, 2022. The amount was intended to buy items for flood victims. Use of funds for other unjustified purposes. Islamabad: … Read more
A worker holds a rock in a gold mine. – Reuters / File The official potential of the mining sector of the underlining stimulates economic growth. The country produces around 68.52 million metric tonnes of minerals per year. The sector supports more than 5,000 operational mines, 50,000 SMEs. Islamabad: The government led by Prime Minister … Read more
The International Logo of the Monetary Fund (IMF) is seen outside the head office in Washington, United States on September 4, 2018 – Reuters IMF, Pakistan discusses the reduction in public debt, the decline in inflation. Progress made in discussions on the Islamabad climate reform program. Govt looking at $ 2.2 billion on an increased … Read more
The CEO of Pakistan Crypto Council (CCC), Bilal Bin Saqib, Reporter / File Pakistan Crypto Council will include a high level panel. Pakistan ranks 3rd in the global indication for cryptography. The Council should position Pakistan at the forefront of financial innovation London / Islamabad: In a historic decision to accelerate digital transformation, the Government … Read more