State Bank of Pakistan (SBP) has released
banks' service charges to deposit re-issuable balances to promote banks'
ability to handle the excess liquidity.
Following large volumes of
withdrawals...
Pakistani banks working in
different countries have seen a 12.06% or Rs. 13.5 billion increase in
non-performing loans for their foreign operations during 2019.
As per the...
The government has agreed to use
data from power distribution companies (DISCOs) and telecommunications firms
for tax base expansion by making a fully electronic sales tax...
The Covid-19 pandemic, which is
still battering Pakistan's economy, has jeopardized bank loans worth more than
Rs2.5 trillion, with declining resilience of small banks and increasing...
The Economic Coordination Committee (ECC) of the Cabinet has approved a Rs. 100 million grant for the locust control in Punjab.
Adviser to the Prime...
The Sindh Cabinet on Wednesday approved Rs1.24 trillion budget proposals for the next financial year 2020-21 in the pre-budget cabinet meeting held at the...
The real estate and construction
sector remained the main focus of the government of Pakistan Tehreek-e-Insaf
(PTI) in the FY21 budget, as it reduced taxes and...
The Federal Budget Speech 2020-21
has been characterized as nonsensical by textile industry leaders and
industrialists, and no relief has been announced for the textile industry...
According to data released on
Thursday by the State Bank of Pakistan (SBP), the foreign exchange reserves
held by the central bank decreased 2.57 per cent...