Pakistan Begins Work on Central Bank Digital Currency

2 min read

Pakistan has officially started working on a Central Bank Digital Currency (CBDC), marking its entry into the global digital finance movement that is redefining how…

Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity

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Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…

Govt Unveils Simplified Tax Form for Salaried Class

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Finance Minister Muhammad Aurangzeb has announced a simplified tax form for salaried class, cutting the number of required fields from 800 to just 40 in…

ECC Okays PSM Industrial Estate Development

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The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved key economic measures, including developing an industrial estate at Pakistan Steel Mills (PSM) land,…

Govt Considers Relief on Bearer Prize Bonds Redemption

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The federal government may extend relief to individuals who missed the deadline for bearer prize bonds redemption, said Minister of State for Finance Bilal Azhar…

World Bank Approves $102M for Pakistan’s RAM Project to Boost Microfinance

3 min read

ISLAMABAD: The World Bank’s Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at expanding access…

Finance Ministry Held Responsible For Pias Failed Bid

Finance Ministry Held Responsible for PIA’s Failed Bid

4 min read

ISLAMABAD: Privatization Minister Abdul Aleem Khan stated on Monday that Pakistan International Airlines (PIA) could not be sold due to a lack of cooperation from…

Asad Umar steps down amid financial crisis in the country

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The Finance Minister of Pakistan Asad Umar announced on Twitter that he is stepping down from his position and that he has obtained the Prime…

Govt to collect general sales tax in real-time through a mobile app

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The government in an attempt to increase revenue from food and accommodation sector is planning to launch a mobile app for real-time collection of general…

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