Islamabad: A report from the World Bank reveals that out of the 114 million employed individuals in Pakistan, only 8 million are registered for income tax. According to the details in the report, the World Bank has published findings on tax reforms, suggesting that implementing income tax ...

The weekly report on the dollar and currency market has been released, and the effects of the stock market crash are becoming evident. There has been a consistent improvement in the value of the rupee for 13 consecutive business days. In the past week, the US dollar has become cheaper by 5 ...

Islamabad: The World Bank, the international financial institution, has expressed concerns about Pakistan's economic situation and has labeled it as the weakest country in South Asia. Addressing a seminar in Islamabad, the World Bank representative, Matthew Verghese, stated that Pakistan's ...

ISLAMABAD-International Monetary Fund (IMF) has predicted recovery in Pakistan's economy during financial year 2021. In a report titled "Policy Actions Taken by Countries," IMF said a gradual recovery is expected in Pakistan's economy in Fiscal Year 2021 as the economy reopens. The report ...

ISLAMABAD - Adviser on Finance Abdul Hafeez Sheikh has said the difficult decisions taken by the government have started bearing positive results on the economic front. Addressing a news conference along with FBR Chairman Shabbar Zaidi in Islamabad today (Saturday) about the economic situation of ...

Advisor for Commerce, Textile, Industry and Production and Investment, Abdul Razak Dawood says Pakistan's economy would rise up in next few months due to prudent policies of the present government. Talking to a private news channel programme, he suggested the concerned quarters to take concrete ...

Advisor to Prime Minister on Commerce Abdul Razak Dawood has said under the recently signed Free Trade Agreement with China, the local exporters now have a big opportunity to capture the Chinese market. Talking to newsman at Ministry of Commerce in Islamabad said the China-Pakistan Free Trade ...

Chinese ambassador to Pakistan Yao Jing says China wants durable, stable and balanced development of Pakistan's economy. He was addressing a seminar on 'Achievements, Challenges and Future Prospects after Completion of Four Years of China Pakistan Economic Corridor' in Islamabad. The Chinese ...

ISLAMABAD - PRIME Institute, an Islamabad-based economic think tank has welcomed holding of first meeting of 9th reconstituted NFC hoping that the federal government and federating units would rekindle the consensual spirit of the 18th amendment and 7th NFC award for resolving issues at ...

BEIJING: Several years after its launch, the China-Pakistan Economic Corridor (CPEC) has laid a foundation for sustainable economic development through infrastructure improvement. Perhaps now is the time to launch the second stage of the project to turn its focus to areas including industry, ...