Business

Large chunk of relief will go to power sector

Proposed incentives will lend much-needed support; index likely to touch 55,000 points by December

Funding expected to address food security woes, help country become net food exporter

Government announces exemptions for 850cc cars to make them affordable for general public

Hammad Azhar says PM Imran and cabinet did not approve levy on internet data usage

Brent crude prices expected to hit $80 per barrel as vaccination rollouts boost global economic activity

As a result, trade deficit widens 21% to $21.3b in July-May FY21

Moscow has also shown a keen interest in importing sesame from Pakistan

Performance remained encouraging in 2020-21 as sector grew by 2.77%

Finance minister says economy has to grow by 7-8% per year to accommodate new job-seekers

Finance minister says expenditures estimated on account of income tax, sales tax and customs duty concessions in FY21

Expansion led by strong performance in textile, food, beverages, automobile sectors

Shaukat Tarin says debt not good but necessary to fund high fiscal deficit

Govt unveils people-friendly budget as no new tax imposed on salaried class, economic growth target set at 4.8%

Economic Survey says benchmark KSE-100 index appears set to rise in FY22

Tarin believes IT exports will increase by 100% in coming years

Says power sector is a big challenge for the country

Benchmark index crawls up 53.23 points to settle at 48,304.72

Population growth of horses and mules remain stagnant, reveals economic survey

Another 1,000MW of electricity will be added to the national grid tomorrow, says energy minister

Benchmark KSE-100 index rises 473.87 points to settle at 48,251.49

Islamabad is in talks with the IMF to release the next tranche of funding as part of a $6bn loan programme.

This article will focus on policy interventions to enhance Pakistan’s position in affordability domain

Stand at $2.5 billion owing to use of formal channels by overseas Pakistanis

Pakistan shares blueprint with IMF on achieving Rs5.829tr tax target

Survey findings reveal most people unaware of economic terminologies

Minister credits PM for the ‘V-shape economic recovery’; surpassing annual economic growth target of 2.1%

Increase comes on back of receipt of WAPDA Eurobond proceeds

Urge govt to focus on supporting small farmers to enhance agri growth

Asks govt to reduce withholding tax to 0.5% in federal budget for FY22

Auctions three to ten-year bonds to commercial banks

Authorises EAD to sign $1b worth of agreements for July-December 2021

Energy minister says shortfall due to maintenance work at Tarbela

Gulf carrier warns the surface below the paint on some of its Airbus A350s was deteriorating faster than expected

Currency closed at Rs155.69 against the US dollar in the inter-bank market

Fawad Chaudhry says PTI govt inherited elevated levels of debt servicing

France vows to fight for tech giant’s inclusion in digital tax

Bank account can be opened with the help of a court-appointed manager, says State Bank of Pakistan

Loan will be given at a very concessional rate of 2% for a period of 25 years, Saudi envoy tells Omar Ayub

Benchmark index sheds 370.36 points to settle at 47,777.62

Commodity rallies on expectation of recovery in oil demand in second half of 2021

Planning Minister Asad Umar hopeful of securing funding for $7b railway project

Aims to dispose of ageing planes to revamp national flag carrier

Pakistan expects to get $3.1b from IMF in next fiscal year

Currency weakened against the US dollar at Rs155.78 in the inter-bank market on Tuesday

Benchmark index loses 154.68 points to close at 48,147.98

Two new ventures raise a total of $6.6m

Aims to deploy Fibre to the Home platform and blockchain technology

Pakistan, Afghanistan need to hold more policy talks to overcome differences

Government has approved export target at 5.3% for next fiscal year