economy

Decision aimed at widening tax net, decreasing tax evasion

Fall comes as automobile plants close down due to coronavirus

Country director says they are working with federal and provincial govts

Experts say beginning of Ramazan may improve inflows

Seeks to do away with responsibility of controlling inflation, supporting growth

This pandemic might shatter the present exploitive geo-economic system controlled by the industrialised world

Use of broadband internet, however, jumps 15%

Urge govt to devise way out of current situation

Country makes international payments while significant inflows are in offing

Aims to offset impact of deferring hike in power tariffs for six months

To revisit imported coal supply agreements in bid to cut prices

Parliamentary body told impact of pandemic greater crisis than disease itself

A cash-strapped government can hardly afford to opt for an all-closed or even for a stricter lockdown

Govt okays increase in power tariffs to protect foreign investors

France’s economy suffered its worst contraction during the first three months of this year since World War II

Global trade to fall 13-32% amid uncertain impact of health crisis

Lament Sindh govt taking decisions without seeking input of industrial, trade community

Advisory firm says receipts will be around Rs4tr due to closure of trade, industry

Closes at Rs167.9 in inter-bank market against the greenback

These include optic fibre link between Karachi and Gwadar

Wholesale, retail trade expected to lay off highest number of vulnerable employees

Government adds nearly Rs6tr in one year and situation is likely to worsen

Official says construction industry cannot move forward without steel

Collapse of business activity will continue to weigh heavily on oil prices for many months

Lender says its priority has shifted to approval of $1.4b rapid financing facility

PM Imran Khan has announced historic relief package for construction sector to spur activity

This is the real test for the PTI government, which promised so much before the elections

Nothing is certain anymore, and the changed world will require new ways of working

A partial lockdown lasting for weeks would quickly eat up the meagre savings of many

Subsidy can be provided to poor consumers by waiving, reducing taxes

Pakistan seeks $3.7b from multilateral donors to offset impact of virus

No rules enacted to halt cartelisation, hoarding of essential commodities

Integrated plan by big nations for fiscal support of emerging economies missing

Request mechanism for providing relief to perturbed industrialists

Investors cheer measures announced by government to mitigate risk to economy from COVID-19

Pre-qualified bidders ask for extension in timeline in wake of coronavirus

Research house says economic activity was likely to pick up in FY20 and onwards

PTI govt says revision of packages without consultation is unprecedented and against norms

FIA-led inquiry faults govt’s decision to allow export; names PTI’s top guns as main beneficiaries

Imran says industries connected to construction will continue to function even during lockdown

Young entrepreneurs feel mark-up rates will be the key for those who already have access to bank loans

Association official says they are facing liquidity crunch due to lockdown

Exports grow at slow pace owing to worldwide spread of coronavirus

All refund claims cleared till March 31, 2020 under stimulus package

Cites low demand, stagnation in cotton output as reasons behind low growth

Exports fall 8.5% in March as global trade slows down

Ministry says economy to sustain Rs2.5tr losses due to ‘severe shocks from coronavirus outbreak’

Suggest increase in spending on health sector to tackle slowdown caused by COVID-19

Move mandatory for availing $500 million loan from World Bank

Package to also support other industries allied with construction sector