Economy

Govt to Introduce Whistleblower Law Against Hoarders

Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, has stated that the government will soon introduce and enforce a whistleblower law against those hoarding different commodities as it is committed to curbing hoarding.The Advisor pres…

Economy

LSE Becomes First Pakistani Institute to be Selected for WTO Chairs Program

The World Trade Organization (WTO) has selected the Lahore School of Economics (LSE) under its WTO Chairs program.Advisor to Prime Minister for Commerce and Investment, Abdul Razzak Dawood, announced this in a tweet on Monday. He also congratulated the…

Economy

ADB Delegation Meets FBR Team to Review FBR Reforms

Asian Development Bank (ADB) officials Wednesday visited the Federal Board of Revenue (FBR) HQs to review the progress made on “FBR Reform Engagement with ADB” and issues and challenges being faced for effective implementation.During the meeting, the p…

Economy

Pakistan Fulfils Another Condition Set by IMF

The Joint sitting of the Parliament on Wednesday passed the crucial SBP Banking Services Corporation (Amendment) Bill, 2021 paving way paving way for International Monetary Fund (IMF) loan.The bill aims to reduce the Finance Ministry’s oversight of the…

Economy

Tarin Reviews Progress on Establishment of Federal Govt Properties Management Authority

Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, held a meeting to review the establishment of the federal government Properties Management Authority at Finance Division. Senator Aun Abass Buppi, Secretary Finance, and senior office…

Economy

Remittances to Remain Flat in 2022: World Bank

Remittances in Pakistan are likely to remain flat at the current levels in 2022, as the one-off effects of government incentives to attract them fade, though the Afghanistan factor will continue to sustain flows, says the World Bank.The Bank in its rep…