Tribune
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Government plods towards IMF deal | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan has managed to convince the International Monetary Fund (IMF) to reduce external additional loan requirement to $6 billion amid government’s desire to give Rs150 billion subsidised petrol package to motorcyclists. In order to avoid an objection by…
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PM approves Rs8,500 as cotton support price | The Express Tribune
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[ad_1] LAHORE: In a major step to facilitate cotton farmers, Prime Minister Shehbaz Sharif on Monday approved Rs8,500 per 40 kg as the support price of cotton. He gave directive to present the matter to the Economic Coordination Committee (ECC)…
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To tax or not to tax | The Express Tribune
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[ad_1] On February 20, while speaking on the sidelines of Munich Security Conference, IMF Managing Director Kristalina Georgieva said: “For Pakistan, I want to stress that we are emphasising two things: One, tax revenues – those who can, those making…
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Unpacking South Asia’s mutual fund landscape | The Express Tribune
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[ad_1] KARACHI: The mutual funds-to-total banking deposit ratio is a key indicator that measures the percentage of mutual fund assets in comparison to the total banking deposits in a country. It is used to assess the level of investment in…
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A nation for the rich, by the rich | The Express Tribune
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[ad_1] By ALI ASAD SABIR/Abdul Rehman Nawaz | Design: Mohsin Alam PUBLISHED March 12, 2023 KARACHI: Pakistan’s Defence Minister Khawaja Asif recently shed light on the existence of over 200 golf courses built on government-owned lands, exclusively for the country’s…
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US lawmakers discuss SVB collapse with Fed | The Express Tribune
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[ad_1] BENGALURU: United States (US) lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse of Silicon Valley Bank (SVB) Financial Group, Coindesk reported on Saturday citing a source. Democratic US Representative Maxine…
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Rupee makes recovery of 0.54% to Rs280.77 a dollar | The Express Tribune
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[ad_1] KARACHI: Amid optimism over the revival of the International Monetary Fund (IMF) loan programme, the volatile Pakistani rupee made a notable recovery of 0.54%, or Rs1.53, to close at Rs280.77 against the US dollar in the interbank market on…
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Bangladesh invites investment | The Express Tribune
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[ad_1] KARACHI: Bangladesh Deputy High Commissioner SM Mahbubul Alam has stressed the need for enhancing trade and investment cooperation with Pakistan. Speaking to businessmen during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the envoy invited the…
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More can be done, says UK trade envoy | The Express Tribune
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[ad_1] ISLAMABAD: Concluding the United Kingdom (UK) Prime Minister’s four-day Trade Envoy to Pakistan on Thursday, UK member of parliament (MP) Mark Eastwood said his visit reaffirmed his view that more can be done to improve trade and relations between…
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DISCOs to charge up to Rs 14.24 over fuel adjustment | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed power distribution companies (Discos) and K-electric (KE) to recover deferred fuel adjustment surcharge up to Rs 14.24 per unit from electricity consumers. The power companies will recover this surcharge…
