Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileRestriction on private imports to remain until Middle East stabilises.Private OMCs must get NCMC approval to import high-speed diesel.Step introduces oversight to manage volumes foreign…
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Govt announces closure of Utility Stores Corporation

People stand in a queue outside a state-run utility store to buy groceries. — AFP/FileMinister says consensus reached to provide Rs28bn package.Lauds USC role in providing commodities at subsidised rates.”Pakistan’s economy showing signs of improvement.”
ISLAMABAD: Federal…
Salaried class once again emerges as single largest income tax contributor, shows FBR data

A person withdrawing cash from an Automated Teller Machine. — AFP/FileThree sectors paid Rs293bn, salaried Rs315bn.Salaried taxpayers paid Rs22bn more overall.Data released just before IMF review mission.
ISLAMABAD: The salaried class has once again emerged as the single…
UAE carries out first govt payment using Digital Dirham

A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. — Reuters
DUBAI: The United Arab Emirates has completed its first government transaction using the Digital Dirham, marking a major step towards digital finance…




