World Bank flags Pakistan’s fragile recovery
KARACHI: The World Bank has expressed concern over Pakistan’s current economic growth rate of 3%, deeming it insufficient to significantly reduce poverty or unemployment, despite...
Aurangzeb departs to attend IMF, World Bank meetings, Pakistan eyes early bailout deals
ISLAMABAD: Finance Minister Muhammad Aurangzeb has left for the United States to attend the International Monetary Fund (IMF) and World Bank annual meetings, the Pakistani...
Pakistan prepares to tax banks on extraordinary profits
ISLAMABAD: The federal government is gearing up to levy taxes on the ‘excessive profits’ of commercial banks in a bid to boost ‘tax recovery’ as...