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BUSINESS
SOEs directed to tight governance in IMF’s compliance
ISLAMABAD: The Ministry of Finance has directed all state-owned enterprises (SOEs) to adopt standard regulations and reporting manuals for their operational protocols, business plans, board appointments and financial audits to reduce…
ADB’s New Country Director Meets Finance Minister to Strengthen Pakistan Partnership
ADB's New Country Director Meets Finance Minister to Strengthen Pakistan Partnership
ISLAMABAD, November 4, 2024: Finance Minister Muhammad Aurangzeb on Friday met with Ms. Emma Fan, the newly appointed Country Director of the Asian…
WAPDA-Power mega projects waiting for budgeted foreign funds
ISLAMABAD: The foreign funded WAPDA-Power mega projects are facing slow inflows from different international lenders mainly to due to insufficient rupee cover and bad economic situation in the country.
The Federal Government led by…
Major US Oil Firms Achieve Historic Profit Milestones
Record US oil production drove Exxon and Chevron's Q3 profits, despite pressure from declining margins.
Wheat production target set 33.58 mln tons to cater national requirement
ISLAMABAD: Contrary to the estimates of provincial governments, the Federal Committee on Agriculture (FCA) has proposed the Wheat production target at 33.58 million tons to meet the national requirement of one year.
The committee met…
Tax Collection Shortfall: FBR Misses Target by Rs. 192 Billion
ISLAMABAD, November 1, 2024: The Federal Board of Revenue (FBR) has reported a substantial shortfall in tax revenue, collecting Rs. 3,440 billion in the first four months of the fiscal year 2024-25, which is Rs. 192 billion below the target…
PM Shehbaz Sharif Meets Qatari Business Leaders to Strengthen Economic Ties
PM Shehbaz Sharif Meets Qatari Business Leaders to Strengthen Economic Ties
DOHA, November 1, 2024: Prime Minister Muhammad Shehbaz Sharif emphasized Pakistan's investment potential in key sectors such as energy, infrastructure, and…
Pakistan Seeks to Strengthen Trade Relations with Maldives
Pakistan's High Commissioner emphasizes the potential to increase the $8–9 million trade with the Maldives.
Shehbaz Sharif Meets Saudi Investment Minister, Discusses Economic Collaboration
ISLAMABAD, October 30, 2024: Prime Minister Muhammad Shehbaz Sharif met with Saudi Investment Minister Engr. Khalid bin Abdulaziz Al-Falih and Advisor at the Saudi Royal Court Mohammad Bin Mazyad Al-Tuwaijri in Riyadh on Wednesday to…
Pakistan economy shows robust recovery in October : Economic update suggests
Islamabad (Newsman): Economic Update released here by Finance ministry on Wednesday suggests Pakistan remained on track of recovery due to robust output of its major sectors including agriculture and large scale manufacturing (LSM) . The…
