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On Tuesday, Pakistan’s Finance Minister, Muhammad Aurangzeb, discussed advancements in economic reforms with Ajay Banga, the President of the World Bank Group, during their...
The fines were levied due to violations in Know Your Customer (KYC), Anti-Money Laundering (AML), asset quality, foreign exchange, and general banking operations standards.
ISLAMABAD: Following the federal government’s announcement of a reduction in electricity rates this April, power authorities are poised to offer further relief to consumers...
ISLAMABAD: The Federal Tax Administration has exceeded the set revenue collection goal of 6,707 billion rupees in the July-March period (2023-24) and managed to...
ISLAMABAD: Recent data released by the Pakistan Telecommunication Authority (PTA) reveals that local mobile assembly and manufacturers collaborated to produce 6.1 million mobile phones...
IMF KARACHI: According to a report on Sunday, the rupee is anticipated to maintain stability in the coming months, largely due to the possibility...
Subsidies KARACHI: Finance Minister Muhammad Aurangzeb emphasized that the International Monetary Fund (IMF) does not oppose subsidies outright but rather advocates for targeted subsidies...
TORONTO/ISLAMABAD: A flight attendant employed by Pakistan International Airlines (PIA) was apprehended in Toronto following the discovery of banned items in her possession. The...
KARACHI/ISLAMABAD: Minister for Finance and Revenue, Muhammad Aurangzeb, announced on Friday that the government is scheduled to convene a meeting with the International Monetary...
ISLAMABAD: To fulfill an IMF condition for disclosing quarterly Gross Domestic Product (GDP) figures, the government has released the growth rate for the second...
Islamabad: The government is considering various strategies to introduce a Carbon Tax in the upcoming budget as an effort to decrease the demand for...