• Attributes slide of rupee to ‘political turmoil’ • Economic fundamentals on trade front in ‘ideal situation’ • PM briefed on financial situation as economy ‘goes south’ • Economic, political situation tops agenda as cabinet meets today ISLAMABAD: Blaming political factors for the latest downturn in currency and share markets, …
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Finance Minister Miftah Ismail on Wednesday said the summary to reduce prices of petroleum products will be sent to Prime Minister Shehbaz Sharif today for approval. Radio Pakistan quoted the minister as telling a private TV channel that the prices would be slashed on the directives of the prime minister …
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Finance Minister Miftah Ismail said on Thursday that there was nothing wrong with taxing the affluent because they were “able to pay” as he talked about the government imposing additional taxes on industries and wealthy citizens. “In Pakistan, it is the poor who have always suffered the burden of taxes,” …
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ISLAMABAD: Prime Minister Shehbaz Sharif on Monday decided to continue giving subsidy to the poor and low-income groups on five essential items — wheat flour, sugar, ghee/edible oil, pulses and rice — in the next fiscal year. The subsidy was given by the PTI government. Under the decision, the poor …
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