A workers adjusts flow of oil at a refinery. — Reuters/FileWashington cites progress in Iran conflict resolution.Trump says there is no rush for Iran deal, US blockade stays.Two LNG, one crude tanker cross Strait in recent days.LONDON: Oil prices fell more than 4% to…
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Pakistan’s trade deficit balloons nearly 46% to $3.3bn
A representational image shows a general view of Karachi Port. — AFP/FileDeficit to strain foreign reserves, fuel rupee volatility, note experts.They say goods trade gap underscores structural export weakness.Warn that deficit can derail stabilisation gains under IMF programme.
Uplift budget diversion, IMF relief on petrol levy to cushion future oil price shocks
A labourer bends over as he carries packs of textile fabric on his back to deliver to a nearby shop in a market in Karachi. — Reuters/FIleGovt to explore ways to absorb part of any further increase in oil bill.Also seeking flexibility on petroleum-related taxation from…
FBR decides to re-evaluate property valuation table for Islamabad
This undated photo shows a view of Islamabad’s Bani Gala. — Facebook/ Islamabad
ISLAMABAD: The Federal Board of Revenue has decided to re-evaluate the fair market values of immovable properties in Islamabad following objections from real estate…