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Economy

Miftah targets tax reforms, touts rupee flexibility

ISLAMABAD: The finance adviser to Prime Minister Shahid Khaqan Abbasi, Miftah Ismail said he plans significant tax reforms in the five months before the government’s term ends ahead of a 2018 election, and touted a policy of greater…

Saudi Arabia to spend big after economy shrinks

RIYADH: Saudi Arabia said on Tuesday its economy contracted for the first time in eight years due to painful austerity measures as it announced record spending to stimulate growth. The OPEC kingpin said gross domestic product for 2017…