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Roosevelt Hotel may be declared cultural heritage
ISLAMABAD: As efforts are accelerated to sell Roosevelt Hotel, Pakistan has expressed hope that New York authorities will declare…
Pakistan, China to deepen cooperation
ISLAMABAD: Prime Minister Anwaarul Haq Kakar’s visit to Beijing can reenergise bilateral economic relations, as China has shown…
Development spending halts
ISLAMABAD: Pakistan’s federal development spending has come to a grinding halt as a mere Rs57 billion, or equal to 6% of annual…
Bleeding SOEs: the tortuous road to privatisation
ISLAMABAD: Government enterprises such as PIA get a lot of press. This is because these debt-ridden white elephants are a major…
Pakistan faces a long road ahead
KARACHI: There is some more good news on the economic front. For the first two months of the current financial year, tax…
Common man finally gets some relief
ISLAMABAD: The federal caretaker government has made a substantial reduction in petrol prices, cutting them by up to Rs40 per…
IMF reaches fundraising goal
MARRAKECH: The International Monetary Fund (IMF) has met its fundraising target to increase concessional trust fund resources for…
$8b discrepancy unearthed in exports, imports
KARACHI: Pakistani traders have allegedly been found involved in discrepancies of over $8 billion through under-invoicing of…
Minister vows to adopt innovative tax policy
ISLAMABAD: Caretaker Minister for Finance Dr Shamshad Akhtar has expressed the firm commitment to fostering international…
Tax base widens to record 10m
ISLAMABAD: The registered taxpayers in Pakistan reached the record at nearly 10 million but only 4.4 million of them filed annual…