ECC approves clearance of imported vehicles on verified foreign currency payment

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved clearance of imported vehicles under different schemes only through payment in foreign exchange. Read more »

Inflation increases more faster for lower income group

ISLAMABAD: The prices of essential items have increased more faster for lower income group earning up to Rs8,000 per month as compared with other income groups. Read more »

Mini budget to be presented on January 23: Asad Umar

KARACHI: Finance Minister Asad Umar on Saturday said that planned mini budget will be announced on January 23, 2019.       “Earlier it was decided to present the supplementary finance bill... Read more »

President reconstitutes National Finance Commission

ISLAMABAD: The President of Pakistan Dr. Arif Alvi has re-constituted the National Finance Commission (NFC), which consists of 10 members.     According to a notification issued by the Finance Division on... Read more »

RD regime brings down import by 23pc

ISLAMABAD: The recently imposed regulatory duties on luxury and non-essential items have brought down imports by 23 percent in December 2018.     A statement on Thursday said that the decline in... Read more »

Pakistan’s forex reserves fall by $240 million to $13.597 billion

KARACHI: Pakistan’s foreign exchange reserves fell by $240 million to $13.597 billion by week ended January 04, 2019 as compared with $13.837 billion in the preceding week, State Bank of Pakistan (SBP)... Read more »