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Tag: Economic Affairs

Foreign direct investment
Business
  • Web Desk
  • Feb 24, 2024
Pakistan borrows $6.3 billion in seven months

Pakistan borrowed $6.306 billion in the first seven months of fiscal year 2023–24, surpassing the $6.134 billion borrowed last year.

sales tax on locally made cars
Business
  • Web Desk
  • Feb 16, 2024
PAMA calls for reversal of 25% sales tax hike on locally manufactured cars

PAMA has urged the Caretaker Finance Minister to withdraw the 25 per cent sales tax increase on locally manufactured vehicles.

foreign exchange reserves Pakistan
Business
  • Web Desk
  • Dec 13, 2023
Pakistan seeks $4.5 billion boost from global sources, excluding IMF

Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, has disclosed that Pakistan aims to secure approximately $4.5 billion from both multilateral and bilateral sources, excluding the International Monetary Fund (IMF), in the ongoing fiscal year 2023–24.

IMF Pakistan financing needs
Business
  • Web Desk
  • Dec 07, 2023
IMF proposes digital overhaul for Pakistan’s budget making process

The technical assistance mission of the International Monetary Fund (IMF) has reassured Pakistan by proposing solutions for digitising the budget-making process.

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