The government will renegotiate the conditions of the hiking of the power tariff and the raising of tax revenues with the International Monetary Fund (IMF). This was stated by the new Minister for Finance, Shaukat Tarin, during his first address at a meeting of the National Assembly Standing ...

China has said that power projects under the China-Pakistan Economic Corridor (CPEC) did not incur debt burden on Pakistan as they were investment projects. “I can say this with good authority that these energy projects are commercial investments where Chinese companies invested in ...

The government is planning to raise Rs. 4.92 trillion through the sale of treasury bills and bonds till the end of April 2021 in order to fill in the budget gap. The SBP will hold fortnightly auctions for 3, 6, and 12-month Market Treasury Bills between February and April, with a total target of ...

*ISLAMABAD: * The International Monetary Fund link (IMF) has said that business environment can be improved by improving accountability system, enhancing institutional coordination and improving civil service and professional and competitive environment. In a report entitled ‘Economic ...

The government has managed the precarious debt situation with discipline, aggressive control of expenses, and an increase in tax and non-tax revenues. The finance ministry, in a statement, said that the government efforts have yielded a primary surplus, and only payment of interest on past loans ...

The government has managed the precarious debt situation with discipline, aggressive control of expenses and increase in tax and non-tax revenues. In a statement today (Sunday), the finance ministry said government efforts have yielded primary surplus. The finance ministry said in the current ...

Ministry of Finance issued a clarification regarding an article comparing the tenure of the current government with the previous regime without specifying the article in concern. The statement read: An article appeared in a section of the press with an arbitrary and selective financial comparison ...

ISLAMABAD: Federal Minister for Industries & Production Hammad Azhar said tough decisions to stabilize economic growth have heralded good news for the country, ARY News reported on Saturday. The federal minister said that the government when it came to power, had to make tough decisions in order ...

ISLAMABAD- The government had taken many initiatives during the past two years to improve tax culture in the country and uplift the tax to GDP ratio.  Government for streamlining the tax system, separated the tax policy and tax administration functions of Federal Board of Revenue to remove the ...

ISLAMABAD-Minister of State for Parliamentary Affair, Ali Muhammad Khan says the government is working to bring reforms in the institutions which suffered huge losses in previous governments. Talking to a private news channel, he said these institutions experienced more challenges due to illegal ...