Minister for Industries Hammad Azhar says economic indicators are positive
Ministry of Finance
The govt thanked development partners for 'this critically need support'
'Negotiations with banks are going on in this regard'
The Finance Ministry has dispelled the impression created in a section of the media which claimed that the government will face a gap of up to one trillion rupees.
The Ministry of Finance on Friday (today) issued a statement clarifying the news being circulated regarding of Pakistan being 'blacklisted' by global financial watchdog's, the ministry rubbished all such claims and claimed all such news to be untrue.
The government of Prime Minister Imran Khan has launched the tax amnesty scheme to allow inclusion of non-documented economy in taxation system and to promote economic revival and growth by encouraging tax compliance.
The country borrowed US$26.19 billion in past six financial years apart of US$7.32 billion interest, which enhanced the overall foreign debt in past six years to US$33.50, the ministry said in its written reply of the question.
ISLAMABAD: The Ministry of Finance, Economic Affairs, Statistics and Revenue has taken a decision on Tuesday for waiving off duty on trading of classic and vintage cars. It is announced that a flat rate of $5,000 will be imposed on the imports of these classics, without considering the engine capacity. The Federal Government has excluded vintage cars & jeeps from the umbrella of taxes including customs duty, regulatory duty, additional customs duty, federal excise duty, sales tax and withholding tax, instead there…
ISLAMABAD: The national economy suffered overall US$ 57 billion losses due to terrorism in last five years, the Ministry of Finance replied to the Senate.
ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar on Tuesday said that government during the last two budgets had accorded due consideration to the agriculture sector as it deemed development of agriculture sector a key to overall economic progress, ARY News has learnt.