IMF review: Performance critera for end-September met comfortably, says mission chief
"Significant progress has been made in improving the AML/CFT framework; additional work is needed before March 2020."
Tahir Sherani
Amnesty schemes show 'weakness of state', Asad Umar says
FBR chairman says 191 out of 325 identified tax evaders availed tax amnesty schemes during 2018 and 2019.
SECP notifies rules for rehabilitation of sick companies
"The rules provide institutional arrangements and legal processes for the revival of potentially viable companies."
Trade deficit falls by 33.5% during July-Oct of FY19-20
The decrease in trade deficit can largely be attributed to a fall in imports.
Govt increases petrol price by Re1 for November
Petrol will cost Rs114.24 per litre this month, as recommended by the Oil and Gas Regulatory Authority.
Traders end countrywide strike after reaching agreement with govt
CNIC condition for Rs50,000 purchase to remain intact; traders win tax relaxations.
FATF cell established in interior ministry to ensure implementation on action plan
The ministry inducts four Nacta officers in the cell.
Cabinet approves summary to ban JUI-F's ‘militant wing’: sources
Sources say the summary was approved through circulation just a day ahead of the cabinet meeting.
World Bank, IMF provide assurances of continued support to Pakistan's economy: govt
Dr Abdul Hafeez Sheikh, accompanied by senior Pakistani officials, meets IMF and World Bank managing directors.
Pakistani delegation briefs IMF, WB and ADB officials on economic measures in meetings
The Pakistan delegation, headed by PM aide Abdul Hafeez Sheikh, is in Washington for IMF-WB annual meetings.
Pakistan given final lifeline, to remain in FATF grey list till February 2020
The FATF warns it will take action if significant progress is not made across full range of action plan by February.
Foreign investment jumps by 137% in first quarter of FY20: SBP data
Total investment during the July-Sept period clocks in at $886m as compared to $374m during the same period in 2018.
Pakistan delegation arrives in Paris to present compliance report to FATF
Pakistan is looking to get off FATF's 'grey list', on which it was placed last year.
Results of government's difficult decisions now showing, says Hafeez Sheikh
"Foreign investors are showing confidence in Pakistan's economy right now," says finance adviser in quarterly review.
Trade deficit shrinks by 35% in first quarter of FY20
PBS data shows the country's imports fell by 20.6pc and exports rose by 2.75pc during the three-month period.
Pakistan's total liquid foreign reserves fall to $14.99 billion: SBP
The central bank's own reserves witness an increase of $16 million to reach $7.76bn during the week ending October 4.
Asian Development Bank to provide $2.7bn to Pakistan in 2019
The bank will also increase average lending to the country to $2.4 billion a year from $1.4bn over 2020-22.
Pakistan slips three spots to 110th on global competitiveness index
In 2018, Pakistan ranked 107 out of 140 countries.
ADB approves $200 million additional financing loan for BISP
ADB country director for Pakistan says a policy research unit will be set up within Benazir Income Support Programme.
SECP revokes licences of 22 'not-for-profit' companies over failure to provide financial details
Some of the organisations had remained non-functional since their registration, says SECP press release.