Imran Ali Kundi

  • ISLAMABAD - The Asian Development Bank (ADB) yesterday approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to develop competitive capital markets and encourage private sector investment in the country. “Capital markets act as a ...

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  • ISLAMABAD-National Assembly Standing Committee on Commerce on Monday demanded government to fix support price of wheat and to announce maximum incentives for local growers to get rid of wheat crisis. The meeting of the Standing Committee on Commerce under the Chairmanship of Syed Naveed Qamar ...

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  • ISLAMABAD-Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Saturday asked the women entrepreneurs to take benefit from the State Bank of Pakistan’s refinance scheme.“Women entrepreneurship is essential for all-inclusive economic development and our ...

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  • ISLAMABAD-The World Bank’s Board of Executive Directors has approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production. The Khyber Pakhtunkhwa Hydropower ...

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  • ISLAMABAD-A parliamentary committee on Friday expressed concerns over the absence of Federal Minister for Industries and Production Hmmad Azhar from the committee’s meeting.Meeting of National Assembly Standing Committee on Industries & Production was held under the chairmanship of Sajid ...

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  • ISLAMABAD   -   Monetary and Fiscal Policies Coordination Board (MFPCB) on Thursday noted that the economy is on path of recovery, as exports would likely to rebound in September and inflationary pressure is expected to ease out in coming months. Adviser to the Prime Minister on ...

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  • ISLAMABAD   -   The Competition Commission of Pakistan (CCP) on Thursday carried out a search and inspection of the All Pakistan Cement Manufacturers Association (APCMA) in Lahore. The CCP has conducted search and inspection as part of an enquiry launched in May 2020 to ...

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  • ISLAMABAD   -   Pakistan has borrowed $2.25 billion loan from multilateral and bilateral sources in first two months (July and August) of the current fiscal year. The latest data of Ministry of Economic Affairs showed that the government has received $2.25 billion external ...

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  • ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet on Wednesday has approved Rs3.85 billion for salaries of Pakistan Steel Mills (PSM) for current fiscal year and removed duties on selected HS Codes of textile sector.The ECC, which was chaired by Adviser to Prime Minister Abdul ...

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  • ISLAMABAD-A latest survey conducted by Dun & Bradstreet Pakistan and Gallup Pakistan has revealed that unemployment has increased in the country due to Covid-19 situation and prices of daily essentials have surged significantly in the last 6 months.Dun & Bradstreet Pakistan and Gallup ...

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  • ISLAMABAD-Senate standing committee on commerce on Tuesday has expressed satisfaction over the decline in smuggling by saying it would support the local industry of the country. The committee, which met under the chair of Senator Mirza Muhammad Afridi, has noted that smuggling has controlled due to ...

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  • ISLAMABAD-The incumbent government is working to privatise 19 Public Sector Entities (PSEs) simultaneously including Pakistan Steel Mills (PSM) and Pakistan International Airlines owned Roosevelt Hotel, New York. The privatisation commission had already started the privatisation of federal ...

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  • ISLAMABAD-The Federal Board of Revenue (FBR) on Saturday clarified that Senator Faisal Javed paid Rs46,127 tax in the year 2018.The FBR has clarified the news appearing in electronic media regarding the tax paid by Senator Faisal Javed after issuance of Tax Directory for Tax Year 2018 by FBR. ...

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  • ISLAMABAD    -   The Federal Board of Revenue (FBR) on Friday has revealed that number of tax filers has recorded at 2.85 million in tax year 2018. The FBR has issued Tax Directory Analysis for the tax year 2018. The analysis showed that number of tax filers in Pakistan ...

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  • ISLAMABAD    -   The Federal Board of Revenue (FBR) on Friday has published the tax directory of Parliamentarians that showed Prime Minister Imran Khan has paid Rs 282, 449 tax and Opposition leader Shehbaz Sharif has paid tax worth of Rs 9.73 million in the tax year ...

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  • ISLAMABAD   -   The Economic Coordination Committee (ECC) of the Cabinet has decided that Trading Corporation of Pakistan (TCP) will start importing wheat in the required quantities through small tenders from time to time to maintain the wheat supply at a reasonable price and ...

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  • ISLAMABAD   -   Senate Standing Committee on Industries and Production on Thursday once again expressed displeasure over the production of substandard cars in the country despite their high prices. Senate Standing Committee on Industries and Production, which met under the chair ...

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  • ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet on Wednesday has approved the import of customs duty free cars under disabled persons’ scheme.The ECC, which was chaired by Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh, has allowed the ...

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  • ISLAMABAD - The Asian Development Bank (ADB) on Tuesday has noted that Pakistan is projected to experience a broad economic recovery in fiscal year 2021 (which ends June 30 2021) as the economic sentiment improves with the expected subsiding of the coronavirus disease (COVID-19) pandemic and the ...

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  • ISLAMABAD-The federal government on Tuesday has lifted ban on the export of Tyvek Suits and the anti-malarial drugs: Chloroquine and Hydroxychloroquine which are being used as a part of COVID-19 treatment around the world.“The Federal Cabinet, in its meeting held on Tuesday, has lifted the ...

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  • ISLAMABAD-As part of an ongoing enquiry into the possible anti-competitive activities in the sugar industry, the Competition Commission of Pakistan (CCP) on Monday has carried out a search and inspection of the Pakistan Sugar Mills Association (PSMA) Lahore and Islamabad offices.The CCP authorised ...

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  • ISLAMABAD-The sale of Conventional Naya Pakistan Certificates (NPCs) began on Monday through agent banks amid to attract investments from overseas Pakistanis to boost foreign exchange reserves.In a tweet, the Ministry of finance said, Roshan Digital Account holders of UBL, HBL, MCB, Alfalah, ...

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  • ISLAMABAD - Securities and Exchange Commission of Pakistan (SECP) has taken notice of the baseless and unwarranted allegation that information displayed on its website is alterable. The SECP has issued detailed statement after a news published on website regarding alteration of record of Lt-Gen ...

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  • ISLAMABAD-The government on Friday constituted two sub-groups to look into the issues of Gas Infrastructure Development Cess (GIDC) to propose 2-3 workable options for the amicable solution after fertilizer and textiles sectors sought extension in time limit for payment of GIDC.The representatives ...

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  • ISLAMABAD   -   While expressing concerns over the rising prices of automobiles in the country, a parliamentary committee on Thursday has decided to call Federal Minister for Industries and Production and representatives of automobile manufacturers in next meeting to explain the ...

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  • ISLAMABAD            -           The government is working to establish a link between Federal Board of Revenue (FBR) and National Database and Registration Authority (NADRA) to broaden the tax ...

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  • ISLAMABAD    -   The Economic Coordination Committee (ECC) of the Cabinet on Wednesday has approved concessionary rates of electricity and gas for erstwhile five zero-rated export sectors amid to increase the country’s declining exports. The ECC chaired by Adviser to ...

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  • ISLAMABAD    -   The federal government on Wednesday has generated Rs179.35 million by selling 13 more state owned-properties. The second phase of the auction of federal government owned Properties was held in Lahore yesterday. The auction included 13 Government Properties ...

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  • ISLAMABAD          -       The government on Tuesday has informed the Senate Standing Committee on Finance and Revenue that it has stopped the release of the supplementary grants, which are only approved in emergency ...

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  • ISLAMABAD            -        World Bank (WB) on Monday said that it is working with the government of Sindh in finalising a project, SWEEP aimed to mitigate the impacts of flooding and COVID-19 emergencies, ...

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