The Asian Development Bank (ADB) has approved a $200 million loan to support Pakistan in modernising its power distribution infrastructure and improving the reliability of its electricity supply. The Power
The Asian Development Bank (ADB) has approved a $200 million loan to support Pakistan in modernising its power distribution infrastructure and improving the reliability of its electricity supply. The Power
ISLAMABAD: The International Monetary Fund (IMF) has given its consent for waiving 18% sales tax on the lease of aircraft for induction into Pakistan International Airlines (PIA) and for parking
ISLAMABAD: Under the auspices of the United Nations, the 9th of December is observed as the international anti-corruption day. Realising that “corruption is a complex
ISLAMABAD: Pakistan’s fiscal management has long been a barrier to economic stability, with poor revenue mobilisation coupled with unchecked government expenditure intensifying the crisis. The challenges are further exacerbated
KARACHI: US President-elect Donald Trump’s 100% tariff threat to a bloc of nine nations, called BRICS, while cautioning them against replacing the mighty US dollar with a new currency, shows
ISLAMABAD: Solarisation is spreading at a stunning speed in Pakistan, catching global attention. Within just two to three years, Pakistan has transformed from being a negligible user of solar energy
The Pakistan Stock Exchange (PSX) recorded a positive performance at the start of the business week, with the index rising by 1,169.94 points (1.07%). The market’s current index stood
KARACHI: Pakistan Stock Exchange (PSX), while shattering records, set an unprecedented pace of rapid growth as the KSE-100 index surged a massive 3,134 points on Thursday, surpassing the 108,000 mark.
KARACHI: Pakistan’s total liquid foreign reserves reached $16.6 billion as of November 29, 2024, according to the State Bank of Pakistan (SBP). These reserves include $12 billion held by the
The Federal Board of Revenue (FBR) has imposed a withholding tax on wedding halls, which will be collected separately from the booking party, not the hall owners. A delegation from