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Finance Minister Ishaq Dar rolled out the numbers for budget 2023-24 in the National Assembly with a cold conviction, as if torn between the International Monetary...
KARACHI: Russian crude oil will produce more furnace oil (FO) than high-speed diesel (HSD), which would not reduce the prices of petroleum products domestically, The News learned Monday....
KARACHI/ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad clarified Monday that Pakistan was not considering a bilateral debt restructuring that Finance Minister Ishaq Dar had...
ISLAMABAD: State Minister for Finance and Revenue Dr Aisha Ghaus Pasha said Monday the federal government had no intention of freezing foreign currency accounts despite the...
KARACHI: Local authorities have begun transporting the much-anticipated discounted Russian crude oil from the vessel to a refinery in the port city, people familiar with the...
ISLAMABAD: The government has decided to turn up the legislative heat on the hoarders of foreign currencies — especially dollars — through penalties like heavy fines...
Pakistan Tehreek-e-Insaf (PTI) leaders Hammad Azhar and Asad Umar have censured the Pakistan Democratic (PDM) for the country’s “catastrophic” economic collapse. Azhar lashed out at Finance...
In a normal year, Pakistan’s federal budget is typically presented by inflating income and deflating expenses to meet the predetermined fiscal deficit target. However, during election...
Pakistan has to satisfy the International Monetary Fund (IMF) on three counts, starting with a budget to be presented on Friday, before its board will review...
ISLAMABAD: The government plans to generate $2 billion through the launching of Eurobonds in the upcoming budget for 2023-24. The budget makers are finding numbers crunching...
