Tuesday, November 29, 2022
Tags Finance ministry

Tag: Finance ministry

Ishaq Dar returns after five years’ self imposed exile to take over finance ministry

Former finance minister and senator-elect Ishaq Dar landed in Pakistan on Monday along with Prime Minister Shehbaz Sharif. Ishaq, who has been living in the UK...

After suspension of arrest warrants and Sharif brothers nod, Ishaq is returning to take charge of finances

Former finance minister Ishaq Dar is set to return to the country next week to “facilitate” Prime Minister Shehbaz Sharif on the economic front,...

Finance ministry warns of dangers ahead

Despite a rebound of almost 6 percent GDP in fiscal year 2022, the country may not sustain its growth rate next year in the...

ECC green signals costly wheat import

The Economic Coordination Committee (ECC) approved an import tender for wheat at the price of $383.50 per metric ton. This price translates to Rs.65...

Pakistan likely to receive $400m from World Bank in August

Pakistan is likely to receive a $400 million loan from the World Bank in August, according to the sources. The Economic Affairs (EAD) Division...

Finance Ministry reports an increase in exports, revenue and remittances

The Ministry of Finance issued its Monthly Economic Update & Outlook report for June 2021. As per the report, in the current fiscal year,...

Govt to borrow $15.5 billion in FY21-22

ISLAMABAD: The federal government has decided to borrow $15.5 billion in Financial Year 21-22 to meet its expenditures, sources told The Correspondent on Saturday. According...

Govt hikes profit rates on National Savings schemes

ISLAMABAD: The federal government on Thursday increased the profit rates on the National Savings schemes. According to a notification issued by the government, the profit...

Govt reduces sales tax on kerosene oil, keeps it unchanged on petrol

ISLAMABAD: The federal government on Wednesday reduced sales tax on petroleum products by up to 5 per cent. In a notification issued by the Finance...

Govt may slash Capital Gains Tax by 3%, increase payment period to 3 years

The federal government is mulling a 3 per cent reduction in the Capital Gains Tax to facilitate the Pakistan Stock Exchange in the budget...

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