Macroeconomic stability being restored through reforms: Khurram
Advisor to Federal Finance Minister Khurram Schehzad says Pakistan has made significant progress in restoring macroeconomic stability through prudent fiscal management and necessary structural reforms. He was addressing concluding ceremony of a four-day National Tax Seminar today, jointly organized in Murree by Pakistan Tax Bar Association and the Lahore Tax Bar…
Tanveer calls for boosting exports to strengthen economy
Minister for National Food Security and Research Rana Tanveer Hussain has stressed the need to increase the country’s exports to achieve sustainable economic growth. Talking to the media at the Expo Centre in Lahore today, he said increasing exports would also help reduce the country’s dependence on imports. He said the…
Aurangzeb vows to modernize FBR, strengthen tax system
Minister for Finance Muhammad Aurangzeb has said that the government is introducing new initiatives to modernize the Federal Board of Revenue and further improve tax administration. Addressing the graduation ceremony of FBR officers in Lahore today, he said the government is working collectively to strengthen tax policy and enhance the overall…
Aurangzeb meets representatives of United States Int’l DFC
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with representatives of the U.S. International Development Finance Corporation in Washington, D.C. During the meeting, the Finance Minister sought expedited support for priority private sector-led projects in the energy, information technology, infrastructure, minerals, and food and agriculture sectors. He noted that…
S&P Global upgrades Pakistan’s long-term instruments credit rating
A US-based international credit rating agency, Standard and Poor’s (S&P) Global, has upgraded Pakistan’s long-term instruments credit rating to ‘B’ from ‘B Minus’. The rating is upgraded due to stronger institutional capacity, sustained implementation of IMF-backed reforms, improved fiscal performance, and a significant rebuilding of foreign exchange reserves. Last time, Pakistan…
Pakistan, Canada sign protocol on import of canola
Deputy Prime Minister Ishaq Dar and Canada’s Minister of Foreign Affairs Anita Anand have signed the Protocol on the Phytosanitary Import Requirements for Genetically Modified Canola Intended for Food, Feed and Processing from Canada to Pakistan. The signing ceremony, held in Islamabad today, was witnessed by Prime Minister Shehbaz Sharif. The…
