BeNewz

The ongoing policy-level talks between the Government of Pakistan and the International Monetary Fund (IMF) are currently focused on addressing circular debt in the power sector. Currently, deliberations on Federal Board of Revenue (FBR) revenue, agricultural tax, and property tax are also in progress. According to sources from the Power …

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has reaffirmed the government’s commitment to supporting the insurance sector, recognizing its potential for significant private sector investment. He emphasized the need to diversify beyond the banking sector for lending purposes, urging the insurance industry to step up and meet the …

Pakistan has received significant financial relief as China has agreed to extend the repayment period of a $2 billion loan by one year, the country’s finance ministry confirmed on Saturday. Originally due for repayment on March 24, experts believe that the loan deferment aims to support Pakistan’s economic stability and …