G20 leaders have formally endorsed the global agreement for a minimum 15 percent corporate tax, US Treasury Secretary Janet Yellen said on Saturday, hailing it as a “historic” step. “Today, every G20 head of state endorsed a historic agreement on new international tax rules, including a global minimum tax that will end the damaging race مزید پڑھیں

Officials from Turkmenistan will visit Kabul this week to discuss continuing work on the TAPI pipeline linking the energy-rich Central Asian country through Afghanistan to Pakistan and India, the Taliban government said on Wednesday. The pipeline is expected to carry 33 billion cubic meters (bcm) of natural gas each year along a route stretching 1,800 مزید پڑھیں

Adviser to the Prime Minister on Finance Shaukat Tarin Wednesday said that Saudi Arabia offered Pakistan a whopping $4.2bn loan package at a 3.2% interest rate. Addressing a press conference in Islamabad, flanked by the federal Minister for Energy Hammad Azhar, the finance adviser said that Saudi Arabia gave its nod to the packed during مزید پڑھیں

The bearish spell at the Pakistan Stock Exchange (PSX) came to a halt on Wednesday as bulls staged a return after the Saudi Fund for Development said it was depositing $3 billion in State Bank of Pakistan (SBP) to help support its foreign reserves. Benchmark KSE-100 recorded an increase of 564.12 points or 1.25% to مزید پڑھیں

The National Electric Power Regulatory Authority (NEPRA) Tuesday notified an increase of 69 paisa per unit in electricity tariff for the month of July for K-Electric on account of fuel charges. The authority approved the Fuel Cost Adjustment (FCA) of Rs0.6890/kWh for the month of July 2021 having an impact of Rs1,355 million, said a مزید پڑھیں

The Group of Seven (G7) wealthy nations agreed on principles to govern cross-border data use and digital trade, Britain said in what was described as a breakthrough that could liberalise hundreds of billions of dollars of international commerce. Trade ministers from the G7 reached agreement at a meeting in London on Friday. The deal sets مزید پڑھیں

Adviser to Prime Minister on Commerce and investment, Abdul Razak Dawood on Monday informed that Pakistan’s Information Technology (IT) exports increased to $635 million in the first quarter of current FY, 2021-22. Pakistan’s Information Technology (IT) and IT-enabled service in the first quarter of FY 2201-22, exports increased to $635 million from July to September مزید پڑھیں

The International Monetary Fund (IMF) has expressed serious concerns over Pakistan’s failure in operationalising the Treasury Single Account (TSA-1) under which Islamabad had to close down the accounts of federal and provincial governments into private commercial banks with whopping deposits of Rs2,900 billion. The IMF hinted at bringing attached autonomous bodies and entities, including those مزید پڑھیں

Pakistan’s first green hydrogen plant will be built in Sindh with a capacity to produce approximately 150,000kg fuel per day, it emerged on Saturday. A memorandum of understanding (MoU) was signed by the Chief Executive Officer of UK-listed Oracle Power Public Ltd, Naheed Memon, and Chief Representative in Pakistan of Power China International for development مزید پڑھیں

The Ministry of Finance has admitted that Pakistan has accepted most of the International Monetary Fund’s (IMF) conditions. Finance Ministry Spokesperson Muzzammil Aslam said Saturday that Pakistan will have to ensure the implementation of the privatization programme to secure the IMF loan programme. In a statement, the spokesperson said that dialogue with the IMF team مزید پڑھیں