Tribune
-
Circular debt forecast to jump by Rs545b | The Express Tribune
.
[ad_1] ISLAMABAD: The circular debt is projected to increase by another Rs545 billion by March next year despite a surge in electricity prices as foreign loans pegged with the so-called power sector reforms are limited to only increasing prices and…
-
KCCI slams FBR for slapping tax on immovable property | The Express Tribune
.
[ad_1] KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has slammed the Federal Board of Revenue (FBR) for its “discriminatory attitude” as it has imposed a tax on sale or transfer of immovable property in Karachi while the same…
-
Pakistani handicrafts in hot demand at expo | The Express Tribune
.
[ad_1] KUNMING: The 7th China-South Asia Exposition and the 27th China Kunming Import and Export Fair kicked off on Wednesday in Kunming, the capital city of Yunnan province. The five-day expo provides substantial impetus for fast-growing trade and business relations…
-
Minister vows to propel exports to $80b | The Express Tribune
.
[ad_1] ISLAMABAD: Caretaker Federal Minister of Commerce Dr Gohar Ejaz has vowed to breathe new life into commercial and industrial sectors as well as propel Pakistan’s exports to the ambitious target of $80 billion. At a briefing, Ejaz, who assumed…
-
Surplus in trade with Italy surges 97% | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan’s goods and services trade with Italy recorded a surplus of 97.11% during fiscal year 2022-23 as compared to the previous year. Trade surplus came in at $624.518 million in FY23 against $316.995 million a year ago, showing…
-
Telecom sector for tackling ‘digital emergency’ | The Express Tribune
.
[ad_1] ISLAMABAD: The telecom industry has urged the new caretaker government to address the prevailing “digital emergency” and stop the country’s advance towards a “digital catastrophe”. The industry is looking at caretaker IT and Telecom Minister Dr Umar Saif with…
-
Current account in deficit again | The Express Tribune
.
[ad_1] KARACHI: Pakistan’s current account balance again landed in negative zone, registering a deficit of $809 million in July, in the wake of a jump in import payments and slump in worker remittances, ending the streak of surpluses achieved over…
-
Roadmap sought to boost revenue | The Express Tribune
.
[ad_1] ISLAMABAD: The interim finance minister on Friday ordered to urgently prepare a roadmap to increase the dismally low tax-to-GDP ratio to nearly 13%, sending taxmen to the drawing board for finding ways to enhance collection by another Rs4.2 trillion….
-
Forex reserves rise $12m to $8.1b | The Express Tribune
.
[ad_1] KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have increased by 0.14% on a week-on-week basis, reaching $8.1 billion, according to data released by the central bank on Thursday. By the end of the week…
-
Interim setup picks pro-liberal policies duo | The Express Tribune
.
[ad_1] ISLAMABAD: The interim government has picked an experienced duo of Dr Shamshad Akhtar and Dr Waqar Masood Khan to steer the country out of a prolonged economic crisis. The two new wizards are known for their pro-International Monetary Fund…
