A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi on September 16, 2023. — ReutersPetrol, diesel prices increased amid Mideast crisis.Petrol price now stands at Rs393.35 per…
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FBR’s transformation plan to boost tax-to-GDP ratio from 10.24% to 18%
A representational image showing the FBR logo. — FBR website/File
Officials highlight gap in taxes, which will be plugged via digitisation.FBR’s contribution will rise to 14%, provincial revenues by 3%.Authority’s capacity being enhanced by hiring around 1,600…
ADB names new DG for regional department managing Pakistan operations
The image shows Leah Gutierrez, new Director General at ADB. — ADB/File
New DG appointment takes effect immediately: ADB.Gutierrez has over four decades of professional experience.Pakistan remains one of ADB’s key partners.
Pakistan begins process to secure $2bn through Eurobonds
A trader counts US dollar banknotes at a currency exchange booth in Peshawar. — Reuters/FileGovt advised to hold roadshows in London, Washington and Gulf.Adviser says move follows sovereign credit-rating upgrades.Eurobond size to be ascertained based on global interest: sources.