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Pakistan negotiating new LNG supply agreements with Qatar. Miftah says
ISLAMABAD ,: Pakistan has confirmed it was negotiating with Qatar for a new long term agreement for supply of natural gas (LNG) to meet its gas demand . APP news agency quoted Finance minister , Miftah Ismail , divulging some details of…
Slabs go down , income tax limits skyrocket for 2022-23
ISLAMABAD : The government has cut down slabs for income tax from 12 to 7 in 2022-23:budget. According to the finance bill 2022-23. The government also scaled up exemptions limit to Rs 12 lakh income. However those who would have income…
Former WAPDA chairman shrugs off NAB summon
LAHORE ; The Water and Power Development Authority (WAPDA ) former chairman Lt Gen (R), Muzammil Hussain, shrugged off a
Nationality Accountability Bureau (NAB) Lahore notice for appearing before it in an alleged $ 753 million corruption…
China RE model quick solution to Pakistan’s energy crisis
ISLAMABAD : (June 4, 2022): China’s potential in renewable energy generation can potentially drive a massive shift in Pakistan’s energy sector and it could also serve as a viable solution for Pakistan’s energy crisis which has been…
Currency dealers foresee major slide in dollar value in coming weeks
KARACHI: The currency dealers are foreseeing major slide in dollar value in Pakistan in coming weeks as the government is taking a number of measures to set aside pressure on the rupee. The US dollar has already shed around Rs 5 in the…
IMF delays release of $ 1 billion installment to Pakistan
ISLAMABAD : International Monetary Fund (IMF) has agreed to continue to extend talks with Pakistan on conclusion of Doha round . The fund in its joint statement stressed upon the government of Pakistan to withdraw subsidy on petroleum…
Experts fear quick surge in policy rate may slow down economic growth
Karachi : The economic experts fear that the State Bank of Pakistan (SBP) policy of quick surge in policy rate. They argue that the repeated increase in policy rate will slow down borrowing of the private sector which would subsequently…
PTA, NHMP sign MoU for collaboration of in areas of mutual interest
ISLAMAABD (May 19, 2022): Pakistan Telecommunication Authority (PTA) and National Highways & Motorway Police (NHMP) jointly signed a Memorandum of Understanding (MoU) at PTA Headquarters Islamabad, today. The cooperation and…
SBP, IFC join hands to promote agriculture finance through warehouse receipts
KARACHI: Deputy Governor State Bank of Pakistan (SBP) Ms Sima Kamil addressing a 2-day specialized
training workshop on Electronic Warehouse receipt financing (EWRF) for banks observed that the
subject training program will be…
