PM Shahbaz Sharif will meet the Emir of Qatar today
Shahbaz Sharif will meet the Emir of Qatar Sheikh Tamim bin Hamad Al Thani today, to discuss promoting cooperation in renewable energy, aviation, treaty structures, tourism and other areas.
Category: Business
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PM abolished fuel adjustment charges for 17 million consumers
Prime Minister Muhammad Shahbaz Sharif announced a complete exemption from payment of Fuel Adjustment Charges (FAC) in electricity bills to about 17.1 million of the country’s 30 million electricity consumers.
IMF likely to release the tranche this week
The IMF’s $1.2 billion loan program for Pakistan is expected to begin later this week. The IMF Executive Board may meet before August 20. Pakistan and the IMF signed a $6 billion bailout agreement in 2019.
Impact of Budget 2022-23 on Pakistan’s Real Estate Sector
Finally, Pakistan’s long-awaited budget for 2022-23 has arrived, and as expected, the Finance Bill 2022-23 has made some important policy changes, primarily related to the real estate sector. The Federal government has imposed new taxes of Rs 440 billion in the budget for the next financial year 2022-23, focusing on the real estate sector. In…
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