Finance
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Pakistan wants to repay costly loans ahead of schedule
KARACHI (January 21 2003) : Pakistan has told the International Monetary Fund that it wants to repay ahead of schedule…
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International donors and CBR agree on revamping terms of reference
ISLAMABAD (January 21 2003) : To completely revamp the tax machinery, the international donors and Central Board of Revenue (CBR)…
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National Savings Scheme launches 11.04 percent profit pension account
ISLAMABAD (January 20 2003) : National Savings Scheme has introduced a new Pensioner Benefit Account, offering 11.04 percent rate of…
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Six-month forward dollar premium hits all-time low
KARACHI (January 20 2003) : The dollar took the battering after broad based sell-off during the week due to selling…
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Ghee units allowed input tax adjustment
ISLAMABAD (January 20 2003) : The Central Board of Revenue (CBR) has allowed the manufacturers of ghee/cooking oil to claim…
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Scheduled banks assets up by 18 percent in 2002
KARACHI (January 20 2003) : Total assets of scheduled banks jumped by Rs 393 billion, or 18 percent, in 2002…
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Asian Development Bank sees Pakistan surpassing 4.5 percent growth target
ISLAMABAD (January 18 2003) : The Asian Development Bank has said that Pakistan has bright prospects to surpass the envisaged…
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Imported drugs retail margin raised to 15 percent
ISLAMABAD (January 18 2003) : The government has increased retail profit/margin on all imported medicines to 15 percent to put…
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Eight insurance firms not granted registration
KARACHI (January 18 2003) : The Securities Exchange Commission of Pakistan has not granted new certificates of registration to eight…
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Banks and development finance institutions asked for report on loan write-offs
KARACHI (January 18 2003) : The State Bank of Pakistan on Friday asked all banks and development finance institutions (DFIs)…
