A participant stands near a IMF logo in the International Monetary Fund. – Reuters Pakistan, the IMF is heading for SLA with written insurance. The world lender plans to add climate funding to $ 7 billion in efficiency. The IMF refuses to reduce taxes on property, tobacco, drinks. Islamabad: The International Monetary Fund (IMF) finally … 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 The IMF agree to repress Fed on goods buyers. Approves the request to reduce the target of tax collection for March. Pakistan awaiting written response to finalize the proposal. Islamabad: In … Read more
The International Monetary Fund logo is seen during IMF / World Bank spring meetings in Washington, United States, April 21, 2017 – Reuters FBR Eyes RS100 billion revenue reinforcement through tax revisions. Tobacco, real estate and drinks can see lower taxes. Govt hopes that tax reductions will revive commercial transactions. Islamabad: Faced with a downward … Read more
The Minister of Finance and Revenues Muhammad Aurangzeb addresses the Business Community of the Peshawar Chamber of Commerce and Industry, Peshawar, Khyber Pakhtunkhwa, February 26, 2025. – Screengrab via Youtube / Geo News Finmin claims that efforts are made to reduce the spending on states. Adds the country’s economy evolving towards stability. “The separate tax … Read more
The delegates pass in front of the logos of the BRICS summit at the BRICS 2023 summit at the Sandton Convention Center in Johannesburg, South Africa on August 23, 2023.— Reuters The Brazilian presidency will not have pressure for the common currency this year. July BRICS SUMMIT to discuss cross -border payment initiatives. Focus on … Read more
This undated image shows a view of the electrical network towers. – Reuters / File Restructuring of circular debt to reduce power prices. 16.26 billion dollars of the debt under the restructuring plan. Govt Eyes RS5.1 per relief unit via lending loan. Islamabad: The government has launched efforts to convert circular debt (CD) in the … Read more
A representative image showing ‘fake news’ on a laptop screen. — AFP/File The draft amendments propose a jail term of three years and a fine of Rs 2 million. Authority to be established with the power to remove online content. The project also proposes social media protection courts. ISLAMABAD: The federal government has tabled amendments … Read more
Federal Minister for Energy (Power Division) Awais Leghari gestures during an interview in this undated photo. — X/Government of Pakistan The government is looking at captive and bagasse power plants for cost savings. Domestic electricity rates are already reduced by Rs4 per unit. Minister criticizes K-Electric’s Rs 500 billion profit claim. ISLAMABAD: Federal Minister for … Read more
A technician works on porcelain insulators on an electrical transmission tower in Karachi. — Reuters/File IPP contract changes could save Rs411 billion annually: sources. Tariff revision for bagasse power plants saves Rs238 billion. The extension of the winter electricity assistance program is also under study. ISLAMABAD: The federal government is working on various options to … Read more
Prime Minister Shehbaz Sharif chairs a federal cabinet meeting in Islamabad in this undated photo. — APPLICATION/File The government claims the move would save the national exchequer Rs238 billion. The Prime Minister said the government was taking all possible measures to reduce electricity tariffs. “A mechanism has been developed to enable the safe evacuation of … Read more
Federal Minister for Energy Sardar Awais Ahmad Khan Leghari. — APPLICATION/File Federal Energy Minister Awais Leghari said on Friday that negotiations with 11 other independent power producers (IPPS) were currently underway to reduce electricity tariffs. While briefing on the ‘Bijli Sahulat package’, Laghari said the government had terminated power purchase agreements with five IPPs, a … Read more
Gold bars are seen at the Austrian gold and silver separation plant “Oegussa” in Vienna, Austria, March 18, 2016. — Reuters To help provide debt relief to low-income countries devastated by climate-related disasters, the International Monetary Fund (IMF) should sell 4% of its gold, study suggests, as climate finance dominates first discussions of the COP29 … Read more