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Hurting growth of formal economy - Editorials - Business Recorder

EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy...

Iran , Iranian , International-monetary-fund , Business-recorder , Tax-to-gdp , Economic-distress , Imf-and-pakistan , Tax-evasion , Tax-net , Smuggling , Federal-excise-duty

UN expects Pakistan's GDP growth to clock in at 2% in 2024, improve further in 2025 - Pakistan

Pakistan’s real GDP growth rate is expected to clock in at 2% in 2024 and inch up marginally to 2.3% in 2025, a...

United-arab-emirates , China , Saudi-arabia , Pakistan , Sri-lanka , Bangladesh , International-monetary-fund , United-nations , Social-survey , Boosting-affordable , Longer-term-financing

PRR project: World Bank accepts govt request - Business Recorder

ISLAMABAD: The World Bank has accepted the government’s request for the extension of closing date and ...

Pakistan , Islamabad , Ministry-of-economic-affairs , Development-objectives , World-bank , International-development-association , Raises-revenue , Economic-affairs , Doing-business , Goods-declarations , Investment-project-financing

World Bank -funded 'PRR' project: one-year extension sought

ISLAMABAD: The government has sought one-year extension in “Pakistan Raises Revenue (PRR)” project worth $400...

Islamabad , Pakistan , World-bank , Ministry-of-economic-affairs , Development-objectives , Raises-revenue , Economic-affairs , Doing-business , Goods-declarations , Withholding-regime-reduced , Investment-project-financing

FBR restructuring: Cabinet will again take up issue today

ISLAMABAD: The Federal Cabinet will again take up the issue of restructuring of the Federal Board of Revenue (FBR) ...

Islamabad , Pakistan , Shamshad-akhtar , Ministerial-committee , Revenue-service , Federal-cabinet , Federal-board , Inter-ministerial-committee , Finance-minister-dr-shamshad-akhtar , Inland-revenue-service , Business-recorder , Tax-to-gdp

Shamshad underscores need for continued reforms, revenue enhancement

KARACHI: Speaking at Pakistan’s International Customs Day event, caretaker Finance Minister Dr Shamshad Akhtar...

Karachi , Sindh , Pakistan , Shamshad-akhtar , Fareed-iqbal-qureshi , Pakistan-international-customs-day , Asian-development-bank , International-customs-day , Finance-minister-dr-shamshad-akhtar , Federal-board , Statutory-regulatory-orders , Pakistan-customs

Income tax returns: FBR warns non-filers of account freeze

ISLAMABAD: The Federal Board of Revenue (FBR) has warned that the non-filers of income tax returns may also face...

Pakistan , Islamabad , Muhammad-asif , Tax-base , Federal-board , Asif-chief-broadening , Business-recorder , Tax-to-gdp , Non-filers-of-account-freeze , Tax-filers , Broadening-the-tax-base , Income-tax

Weak ringgit versus high-income aspiration

The ringgit’s rapid fall against the US dollar this year to levels unseen since the 1997 Asian Financial Crisis (AFC) has shocked many in Malaysia. Year-to-date, it has fallen by about 13%.

China , Malaysia , United-states , Sri-lanka , World-bank , Financial-crisis , Malaysia-plan , Boon-huat , Commentary , Ringgit , Us-dollar