Saturday, December 4, 2021

Pakistan economy

Pakistan FY20 Budget Preview – A Bitter Pill

The incumbent government is set to build a strategy to navigate through complicated times where the FY20 Budget will address tough economic conditions to revive economic growth (i.e. restrict the twin deficits and target stringent revenue goals via increase...

Interest rate hike to slowdown economy: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said recently announced monetary policy is too aggressive....

FBR chairman pledges long term reforms in tax system

Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi Saturday pledged for long term reforms in tax system. Addressing the industrialists and businessmen at Karachi Chamber of Commerce on Saturday, FBR said there was nothing unclear in tax amnesty scheme...

Asset Declaration Ordinance 2019, a critical analysis

Government of Pakistan (GOP) in its effort to bring in Documentation of Economy and to broaden the tax net has once again floated a new tax amnesty scheme 2019. In order to gain maximum, let us evaluate this scheme critically. ...

Rupee hits historic low against USD

Pakistani rupee shed Rs6.03 or 5.0 percent against US Dollar on Thursday after the government agreed with the International Monetary Fund (IMF) to remove controls on currency exchange value letting the market forces determine the rupee value. On Thursday Rupee...

Pakistan should prepare to meet FATF challenge: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the long-delayed agreement with IMF may help...

State Bank releases second quarterly report on state of economy

The State Bank of Pakistan today released its Second Quarterly Report on the State of Pakistan’s Economy for FY19. As stated by the report, the effects of macroeconomic stabilization measures taken since December 2017 started to unfold as the...

Trade between Pakistan and Canada surge to $1.5 billion: President CPBC

The Canada Pakistan Business Council (CPBC) led a delegation to visit Pakistan Stock Exchange to open the trading session with the gong ceremony. Canada Pakistan Business Council is a non-profit organisation based in Canada which promotes trade between Canada and...

FATF’s another deadline, IMF bailout- Equity market to play in green

It would be interesting to see how market will treat FATF news. FATF has given one more deadline to implement CFT (Counter Terrorism Financing). Simultaneously, appreciated government commitment to eliminate infrastructure of ML (Money Laundering). Importantly, FATF will decide...

Pakistan receives $1 billion aid from UAE, country’s reserve surged $ 14.25 billion

Pakistan has received $ 1 billion from UAE. The payment is provided by Abu Dhabi Fund for Development (ADFD) to with an aim to support Pakistan’s economic growth and to achieve the long-term objectives of its monetary policy. Central...
- Advertisement -spot_img

Latest News

TPL Trakker to Power Masst Rides’ Next – Gen Transportation Service

TPL Trakker Limited, Pakistan’s leading IoT, Telematics, and Digital Mapping Company, has partnered with Masst Rides Private Limited, Pakistan’s...
- Advertisement -spot_img