Govt assures IMF of timely increases in electricity and gas tariffs
The International Monetary Fund (IMF) has demanded Pakistan further increase gas prices on a half-yearly basis starting in June. According to documents obtained, the government…
Business
How to conduct effective meetings? Jeff Bezos tells his secret
Billionaire and CEO of Blue Origin Jeff Bezos has suggested co-founder of WeWork how to conduct effective meetings. The advice was revealed by Adam Neumann,…
Solar panel prices in Pakistan fall further
Amid increasing demand due to sky-rocketing power bills, the prices of solar panels in Pakistan have fallen sharply making it easier for consumers to install…
IMF team reaches Pakistan to discuss new larger programme
An International Monterey Fund (IMF) team on Friday reached Pakistan to hold talks regarding the South Asian nation’s request for a longer and larger size…
State Bank of Pakistan reserves rise over $9bn on IMF inflow
Foreign reserves held by the State Bank of Pakistan (SBP) have increased to $9.12 billion after the disbursement of the last tranche of $1.1 billion…
Finance Minister Aurangzeb seeks proposals for tax exemption on dairy exports
Finance Minister Muhammad Aurangzeb has directed the authorities concerned to put up a proposal in response to the demand of Pakistan Dairy Association to exempt…
Nepra approves Rs2.83 per unit hike in FCA for May power bills
The National Electric Power Regulatory Authority (Nepra) on Wednesday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs2.83 per unit charge in consumers’ electricity bills…
Finance Minister stresses need to enhance Tax-to-GDP ratio
Federal Minister for Finance and Revenue, Muhammad Aurangzeb has highlighted the importance of devising strategies to enhance Tax-to-GDP ratio and broaden the tax base to…
Gold prices in Pakistan continue to drop
The per tola rate of 24 karat gold decreased by Rs 1,400 and was sold at Rs 239,600 on Friday compared to its sale at…
US supports Pakistan’s efforts for IMF bailout
The US State Department Thursday extended an “unwavering support” for Pakistan’s economic success and its progress to stabilise fragile economy including through reaching an agreement…