#finance
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Business
Finance Ministry Blames SBP of Causing Rs6.5b Loss
The Ministry of Finance (MoF) has said that State Bank of Pakistan (SBP) “facilitated speculative behaviour” of commercial banks last…
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Budget
Mid-Year Budget Review Report for the Year 2020
The Finance Division has analyzed and revealed various risk factors including a major shortfall in tax revenue, unpredicted volatility in…
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Economic Policies
Hafeez Sheikh: Economic Position Strong, Increasing Exports, Remittances Supporting Growth
Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh on Monday briefed the media about economic…
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Business
FBR to Acquire Budget Proposal from the Business Community
The Federal Board of Revenue (FBR) has issued orders to the business communities and tax officials to submit their budget…
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Taxation
Heavy Amount of Taxes on Petroleum-Based Products
Ministry of Petroleum & Natural Resources has revealed the tax details on petroleum goods to the National Assembly. As per…
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Business
IMF Strict Conditions- A Major Threat to the Country’s Economy
The direction of the country’s economy needs to be corrected otherwise; the current economic condition may lead to great haram…
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Budget
The government is intended to Borrow Rs. 1.9 Trillion
During the last 15 months, there is a 40% increase in Pakistan’s public debt, the government is planning on borrowing…
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Business
Moody’s Latest Report “Banking System Outlook – Pakistan” for Banking System
Moody’s latest report Banking System Outlook – Pakistan stated, “that high-interest rates, government’s narrow revenue base and heavy debt burden…
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