Express
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Finance minister calls for public trust restoration | The Express Tribune
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[ad_1] ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has said that unless public trust is restored, the country cannot move forward, and the private sector must step up to lead the country. While addressing the Senate, Finance Minister Muhammad Aurangzeb stated that the Pakistani Rupee has stabilised in the current fiscal year, and inflation has dropped…
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Free computer centre set up for Keamari women | The Express Tribune
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[ad_1] KARACHI: Federal Minister for Maritime Affairs, Qaiser Ahmed Shaikh, has launched a free computer training centre for women in Keamari and surrounding areas, hosted at the Karachi Port Trust (KPT) Industrial Home. This initiative is part of a broader effort to empower women and provide them with vocational training, enabling them to thrive in…
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‘Pakistan faces $30b loss after floods’ | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired the fourth meeting of the Policy and Strategy Committee (PSC) and the Oversight Board on Post-Flood Reconstruction Activities. The meeting, held in Islamabad, reviewed the progress of ongoing projects under the Resilient, Rehabilitation, and Reconstruction Framework (4RF) and discussed the status of…
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Govt struggles to expand tax base as illicit trade surges | The Express Tribune
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[ad_1] LAHORE: The government of Pakistan is facing significant challenges in widening its tax base while simultaneously combating the rise of smuggling and illicit trade, both of which could generate crucial revenue for the national economy. Efforts to bring more traders into the tax net have shown limited success, highlighting the complexity of the issue.…
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Oil rebounds as hurricane threat stabilises markets | The Express Tribune
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[ad_1] LONDON: Oil futures edged up on Monday as the risk of production disruptions from a potential hurricane approaching the US Gulf Coast helped prices steady after last week’s heavy losses. Brent crude was up 16 cents, or 0.23%, to $71.22 a barrel at 1315 GMT while West Texas Intermediate crude futures were 19 cents,…
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IMF yet to include Pakistan’s $7b EFF on Executive Board agenda | The Express Tribune
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[ad_1] The International Monetary Fund (IMF) has not yet added Pakistan’s new 37-month Extended Fund Facility (EFF) to the agenda for its Executive Board meetings scheduled through September 18, according to the Fund’s official website. The upcoming meetings, set for September 9, 13, and 18, do not include the $7 billion EFF agreement reached with…
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Pakistan sees 71% surge in tax filers as FBR surpasses collection targets | The Express Tribune
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[ad_1] The Federal Board of Revenue (FBR) has reported a significant 71% increase in the number of tax return filers for the fiscal year 2023 (FY23), with an additional 2.2 million people filing, bringing the total to 5.3 million. The deadline for filing income tax returns for FY24 has been set for September 30, 2024. In…
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Gold price decreased in both global and local markets | The Express Tribune
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[ad_1] Listen to article The price of gold has dropped in both global and local markets. The price of gold in the local markets has carried its downwards trend from the previous week. The price of 24-karat gold per tola has fallen by 1,100 rupees to 260,400 rupees. Similarly, the price of gold per 10 grams has decreased…
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Correcting West’s narrative on Pakistan | The Express Tribune
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[ad_1] KARACHI: Pakistan’s economy is poised to enter a sustainable growth phase after achieving recent stability. This is evident as renowned global credit rating agencies, including Fitch and Moody’s, upgraded Islamabad’s credit rating in July and August. These upgrades acknowledge that Pakistan has navigated out of economic and financial dangers, averting a major risk of…
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Pakistan’s economic crisis drives women into workforce | The Express Tribune
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[ad_1] Amina Sohail veers through heavy traffic to pick up her next passenger — the sight of a woman riding a motorcycle drawing stares in Karachi. The 28-year-old is the first woman in her family to enter the workforce, a pattern emerging in urban households coming under increasing financial pressure in Pakistan. “I don’t focus…
