• World Bank's decade-long $20bn funding programme launched in Pakistan

    The backdrop at the launch event of the Country Partnership Framework for Pakistan , organised by the World Bank Group, held in Islamabad on January 23, 2025. — Screengrab via Geo NewsThe World Bank launched its multi-billion funding programme, Country Partnership Framework for Pakistan from...

  • Mandviwalla seeks suspension of FBR's 1,010-car deal

    A representational image of cars parked in a queue. — Reuters/FileISLAMABAD: Saleem Mandviwalla, Chairman of the Senate Standing Committee on Finance and Revenue, has called on Finance Minister Muhammad Aurangzeb to immediately suspend the Federal Board of Revenue's procurement of 1,010...

  • PSX rebounds as rate cut anticipation sparks rally

    Broker busy in trading at Pakistan Stock Exchange in Karachi on Friday, January 17, 2025. — PPIThe capital market rebounded on Thursday, fuelled by robust buying in the cement sector and heightened expectations of a further interest rate cut in the upcoming Monetary Policy Committee ...

  • Senate committee orders FBR to rescind Rs6bn vehicle purchase

    A policeman walks past the Federal Board of Revenue office building in Islamabad, Pakistan, on August 29, 2018. — ReutersISLAMABAD: The Senate Finance Committee, led by Senator Saleem Mandviwalla, has instructed the Federal Board of Revenue to immediately suspend its contentious plan to...

  • Stock market slumps as tax reform concerns persist

    Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Friday, January 17, 2025. — PPIThe stock market faced continued selling pressure on Wednesday, extending its decline, weighed down by intensifying regulatory concerns, persistent economic uncertainty, and subdued global...