Latest

IMF approves $6 bln bailout package for Pakistan

Islamabad, May 12, 2019: The Extended Fund Facility arrangement aims to support the authorities’ strategy for stronger and more inclusive growth by reducing domestic and external imbalances, removing impediments to growth, increasing transparency, and strengthening social spending. An ambitious structural reform agenda will supplement economic policies to rekindle economic growth and improve living standards. Financing…

Read More

Chairman’s oversight to limit discretionary powers of field officers, President SAI

First decision taken by the Chairman will restore the confidence of tax filers on FBR, Saleem Parekh. President SAI is pleased with the balanced approach on handling recoveries taken by the freshly appointed Chairman FBR. The condition of the Chairman’s approval before seizing bank accounts would make the process transparent by limiting the discretionary powers…

Read More