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Aurangzeb speaks of fiscal prudence
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said Pakistan’s fiscal deficit had declined to 2.6 percent of GDP from a peak of 12.5 percent, while tax…
Business Recorder
Over USD5bn annual exports targeted: AsiaPak seeks govt help for aluminium smelter at PQ
ISLAMABAD: AsiaPak Investments Limited has sought the government’s support for a proposed export-oriented aluminium smelter in the Port Qasim industrial area, targeting annual exports of more than…
Business Recorder
Low-income, vulnerable states: IMF urges members to stock up funds
BANGKOK: IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the gulf between advanced and developing economies…
Business Recorder
DISCOs tariffs: Export industries oppose proposed hike
ISLAMABAD: Export-oriented industries have strongly opposed proposed increases of 5 to 10 percent in electricity tariffs by power distribution companies (DISCOs), warning that higher energy costs…
Business Recorder
Sale of smart glasses: LHC directs heads of authorities to appear in person
ISLAMABAD: The Lahore High Court (LHC) has directed the secretaries of the Commerce and Interior and Narcotics Control divisions, the chairman of the Federal Board of Revenue (FBR), and the Member…
Business Recorder













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