Category: News

Initial review: $1.3bn deal up for discussion today

Initial review: $1.3bn deal up for discussion today  Courtesy: Business Recorder, 09 May 2025  ISLAMABAD: The International Monetary Fund (IMF) Executive Board will deliberate on “Pakistan – first review under the Extended Fund Facility (EFF) program, request for modification of performance criteria, and request for an arrangement under the Resilience

PKR experiences a slight decline.

PKR experiences a slight decline. Courtesy: Business Recorder, 09 May 2025  KARACHI: For the fifth consecutive session, the Pakistani rupee saw a little decrease against the US dollar, down 0.02% on Thursday’s interbank market.  The local currency lost Re0.05 versus the US dollar at close, closing at 281.52.  Read More:  

The Rupee PKR: Marginal Decline

The Rupee PKR: Marginal Decline Courtesy: Business Recorder, 24 April 2025 Karachi: The Pakistani rupee saw a slight drop in worth against the US dollar on Wednesday, declining 0.07% on the interbank market.   In comparison to the US dollar, the local currency ended the day at 280.97, down Re0.20

Highest, Income Groups be Taxed at Higher Effective Rates: WB

Highest, Income Groups be Taxed at Higher Effective Rates: WB Courtesy: Business Recorder, 24 April 2025 ISLAMABAD: According to the World Bank, the highest-income groups should pay higher effective rates of taxation. Meanwhile, Pakistan’s income tax system can be made more progressive by eliminating exemptions for high-income groups and raising

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