Stories from Salman Siddiqui
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Pakistan faces tough road ahead
Fitch anticipates economic shock will make meeting FY21 targets challenging
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Province aims to collect Rs313.4b in taxes
Govt will receive 89% from indirect taxes and 11% from direct taxes
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Bank loans worth Rs2.5 trillion at risk
It comes with waning resilience of small banks, pressure on insurance firms
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Rs25 billion allocated for attracting US dollars
Overseas Pakistanis will be encouraged to send money via banks
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Real estate, construction sector wins relief
CGT on sale of immovable property abolished if sold after four years of purchase
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Corrective measures jolt Pakistan's manufacturing sector
LSM records decline of 5.4% in Jul-Mar FY20, auto worst impacted sector that contracts 36.5%
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Pakistanis shift to internet, mobile banking
Certain proportion of public still prefers to use ATM to withdraw cash
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PBC to promote Pakistan brands
Initiates work to build local export brands, establish warehouses abroad
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Consumers receive inflated gas bills
PTI govt has directed utility firms to provide maximum relief as country fights against Covid-19
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Trade deficit shrinks 35% to $1.46b
Decline due to dip in imports, sharp improvement
in exports