Federal Finance Minister Muhammad Aurangzeb has met the delegation of Pakistan America Business Council in Washington. While speaking to the American think tank Atlantic Council, the Finance Minister said that Pakistan has successfully completed the IMF programme, and there is hope that a new agreement will be signed soon. In the meeting with the delegation … Read more
Pakistan’s Finance Minister Muhammad Aurangzeb shared progress on economic reforms during a meeting with World Bank Group President Ajay Banga on Tuesday. According to a statement issued by the Ministry of Finance, Finance Minister Muhammad Aurangzeb, who is on a visit to Washington to participate in the spring meetings organized by the International Monetary Fund … Read more
The meeting of the Board of Governors of the IMF and the World Bank in Washington was attended by officials from central banks, finance ministers and academics from around the world. Global economic outlook, poverty alleviation and economic development were discussed. Federal Minister of Finance Muhammad Aurangzeb also participated in the meeting. On the other … Read more
The International Monetary Fund (IMF) has asked Pakistan to bring transparency in the expenditure of provinces in the new program and to give provincial tax collection powers to the FBR. It should be remembered that the Federal Finance Minister Muhammad Aurangzeb is on a visit to the US to discuss the new program with the … Read more
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has placed demands before Pakistan for a new loan program. The IMF chief confirmed that Pakistan is in discussions with the fund on a possible follow-up program to the $3 billion Standby Arrangement (SBA) of the last nine months. However, he said that important issues are yet … Read more
Lahore: Federal Board of Revenue (FBR) has completed the preparation of action against tax defaulters. Data of 10 years of traders has been collected. Stays taken from courts will also be expunged. According to sources, tax defaulting traders and industrialists will receive final notices within a few days. Thousands while the annual income is in … Read more
Petrol prices are likely to touch Rs 300 from April 16 due to global price changes and the federal government’s plan to increase taxes. The news is hot that the price of petrol will be increased by Rs 8 per litre, after which the price of petrol may reach Rs 298 per litre. The current … Read more