Advertisement

IMF Demands 18% GST on Petroleum Products

The IMF pressures Pakistan for tax reforms, advocating for an 18% GST on petroleum and various fiscal policy changes.

Unilever’s Magnum Spin-Off Boosts Efficiency and Growth

Unilever announces a major restructuring plan, involving job cuts and the spin-off of its ice cream division.

PPP Stands Firm on NFC Award

PPP stands firm on the National Finance Commission Award formula, emphasizing provincial rights amidst IMF discussions.

Oil Prices Surge to Four-Month Highs Amid Geopolitical Tensions

Crude oil prices soared to a four-month high of $86 per barrel due to OPEC+ production cuts, amid growing global demand.

State Bank of Pakistan Maintains Key Policy Rate Amid Economic Uncertainty

SBP maintains its key policy rate at 22 percent for the sixth consecutive meeting, citing ongoing inflationary pressures.

IMF begins selection process for next managing director

Successful candidate will have distinguished record in economic policymaking, says institution

Modernizing Taxation: Finance Minister Aims for Fiscal Reform

Pakistan's Finance Minister aims to modernize taxation, focusing on broadening the tax base, digitization, and negotiating with the IMF.

Pakistan’s Land Route Fruit Export Breakthrough to Russia

Pakistan achieves a milestone in regional trade by transporting fruit to Russia via land route, marking a significant feat.

India Secures $100 Billion Investment in Landmark Trade Agreement with European Nations

India secures a landmark trade agreement with the European Free Trade Association (EFTA).