Tue, 21-Oct-2025

Pakistan to grow 3.4% in FY21: World Bank

The World Bank

KARACHI: The World Bank on Thursday projected Pakistan’s output growth at 3.4 per cent in the current fiscal year, which is revised upward from 1.4 per cent, considering enhanced economic activities. The World Bank said that the growth further strengthened to 4 per cent in FY23 with the implementation of key structural reforms, particularly those … Read more

Tax authorities fail to get desired results

KARACHI: Pakistan’s progress on improving tax collection over the last few years has not been a very successful journey, despite several measures taken by the government and tax authorities, an official said on Thursday. Karachi Chamber of Commerce and Industry (KCCI) president Muhammad Idrees said the government and tax authorities have imposed various taxation requirements … Read more