Foreign exchange reserves position eased by $14.9 million to $20.058 billion by week ended February 12, 2021, State Bank of Pakistan (SBP) said on Thursday. According to data published by the central bank, its reserves decreased by $59.4 million due …
IMF programme is coming back in full swing. There is no surprise. The background discussions were ongoing ever since the programme went hanging in the balance. Certain stipulated and implicit conditions such as borrowing from SBP, flexible exchange rate, and …
• FBR keeps drafts of proposed laws/amendments “secret”, never making them public and commits blunders when the same are promulgated as Ordinances by President of Pakistan and even passed by National Assembly that passes Money Bills after comments from Senate! …
ISLAMABAD: The Federal Board of Revenue (FBR) Friday exempted 17 percent sales tax and three percent minimum Value Added Tax (VAT) on import and subsequent supply of 500,000 metric tons of white sugar by the Trading Corporation of Pakistan. The …
ISLAMABAD: An Agreement on cooperation and mutual assistance in customs matters has been signed in Dushanbe, Tajikistan. Imran Haider, Ambassador of the Islamic Republic of Pakistan to Tajikistan and Karimzoda K. Chairman, Customs Service, Republic of Tajikistan signed the said …