Tag: Finance
The Government of Pakistan wants to put taxes on Facebook, Google
News Analysis | As if undue taxation was not already a national crisis, the government of Pakistan has proposed taxes on digital revenues, targeting tech...
Chief Justice vows to recover written off loans
News Analysis | After having sacked couple of Vice Chancellors, putting educational institutes under gag orders, chiding the administration for deplorable state of affairs in...
Car sales climbing: Auto manufacturers
News Analysis | The Auto industry is on a continuous upward trajectory. Sales of locally assembled automobiles, including jeeps and light commercial vehicles, increased to...
Pakistan to be placed on FATF’s grey list in June: Confirms...
News Analysis | Pakistan’s Foreign Office (FO) Spokesperson Dr. Muhammad Faisal told media personnel during a press conference on Wednesday that Pakistan is to be placed...
Economic impacts of Pakistan being placed on terror watch list
News Analysis | Seeking diplomatic success, Pakistan sent Adviser to Prime Minister on Finance Dr. Miftah Ismail to attend the six-day meeting of Financial Action...
Offshore wealth of Pakistani citizens
News Analysis | The United Arab Emirates (UAE) authorities have confirmed the details of 53 individuals who have invested in real estate along with copies...
US drone strikes continue despite NA Speaker saying Pak-US relations have...
News Analysis | On February 8th 2018, Pakistan’s National Assembly Speaker Ayaz Sadiq chairing an in-camera meeting of the Parliamentary Committee on National Security stated...
Sindh government ignores sugarcane woes, organizes seminar for farm owners.
News Analysis | A seminar is being organized by the Sindh Enterprise Development Fund, as the seventh installment of the Livestock Dairy...
China set to block cryptocurrency trading
AFP | China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from...
Pakistan’s budget deficit could expand due to election spending
News Analysis | The World Bank, on Wednesday, warned Pakistan that its budget deficit may increase due to weak tax revenues, expenditure escalation and increasing...
US freezing aid will have little impact on Pakistan
AFP | Washington's freeze on billions in military assistance to Pakistan will have limited impact, thanks to its friendship with China and diminishing importance of...
Petrol prices rise exponentially
News Analysis | The Pakistani people woke up to a nasty New Year’s gift; a petrol price hike bomb. On 31st December 2017, the government...
PM considers overhauling as power sector erodes by 27 percent
News Desk | The Prime Minister Mr. Shahid Khaqan Abbasi on Thursday, 28th December, directed an overhaul of the power transmission, distribution and recovery processes of...
World Bank approves $825 million loan to Pakistan
News Analysis | The World Bank has granted Pakistan an $825 million loan to upgrade the energy and public finance sectors in a country that...
Will ‘vision 2030’ prove to be a savior for the ailing...
Najma Minhas | The last couple of years have been testing times for the Saudi Arabian economy. Middle East’s “Desert Kingdom” has relied exclusively upon...
School based budgeting is the future
Aisha Sarwari | The most critical transformation underway in the public schools of Khyber Pakhtunkhwa seems to be school finance reforms. Following on the footsteps...
NAB wants Nawaz & family on Exit Control List
News Analysis | Ousted Prime Minister Nawaz Sharif's woes continued to deepen on Friday, as the National Accountability Bureau (NAB) moved to put his name...
Dar rejects IMF bailout as he defends his performance
News Analysis | In blistering remarks at the first public appearance since his indictment on corruption charges, Finance Minister Ishaq Dar tried on Monday to...
Why Riyadh is so interested in joining CPEC?
News Analysis | Riyadh will soon invest in the Gwadar Port and become part of the mega-project, the China Pakistan Economic Corridor (CPEC). This was...
CEO Club Pakistan launches “100 CEOs-Leaders & Companies of Pakistan”
CEO Club Pakistan launched latest edition of "100 CEOs - Leaders & Companies of Pakistan" this week, in Islamabad. Event at the prestigious Serena...
The Political Demise of Dar; finance minister out of favor!
News Analysis | After being relieved from the chairmanship of the Economic Coordination Committee (ECC), Finance Minister Ishaq Dar has now also been removed from...
Ishaq Dar trying desperately to land in Washington
News Desk | Sources in Islamabad have revealed that the current Finance Minister Ishaq Dar is trying desperately to visit the USA on an official...
Millions of dollars were laundered by the Pakistani group – US...
Altaf Khanani group, based mostly in Pakistan, was accused of money laundering by the US state department in 2016. Billions of dollars for crime...
Pakistan’s expected debt to be $110 billion by 2020
There is increasing concern in Pakistan over the foreign loans situation and the direction this is taking the country. To offset the declining foreign currency...
Pakistani Cinema’s Future: Issues beyond Raees, Mahira & Shahrukh Khan
News Analysis The Indian film, "Raees" is not being screened in Pakistan. The disappointment of film fans is understandable. Indian films are generally popular in...
Employees rejected proposal to lease out Pakistan Steel Mill for 30...
The employees of Pakistan Steel Mills (PSM) have opposed a government proposal to lease out the country’s largest industrial unit for 30 years and...