Government imposes new restrictions on non-filers
Business
2 min read
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Government imposes new restrictions on non-filers

October 27, 2024
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Pakistan’s Finance Minister, Muhammad Aurangzeb, recently announced new restrictions on property and vehicle purchases for non-filers as part of broader economic reforms. Speaking at a press conference in Washington, he highlighted that these difficult decisions are necessary to drive long-term improvement, according to Express News. Aurangzeb explained that Pakistan aims

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IMF recommends Pakistan to increase GST to 18 pc
Business
1 min read
265

IMF recommends Pakistan to increase GST to 18 pc

May 16, 2024
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WEB DESK: The International Monetary Fund (IMF) has proposed that Pakistan elevate its general sales tax (GST) to 18 per cent, as disclosed in recent discussions between the IMF delegation and Pakistani authorities regarding a potential new loan arrangement. During four extensive rounds of talks, the IMF mission expressed concerns

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Aurangzeb hopes Pakistan will reach a loan agreement with IMF in July
Business
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Aurangzeb hopes Pakistan will reach a loan agreement with IMF in July

April 21, 2024
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ISLAMABAD: Finance Minister Muhammad Aurangzeb expressed his hope for Pakistan to reach a staff-level agreement with the International Monetary Fund (IMF) by mid-July for the next phase of the expanded loan deal. During his week-long trip to the United States, Aurangzeb, speaking to journalists at the Pakistani embassy in Washington,

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