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Finance Minister Stresses Employing Best Practices to Establish Pakistan’s International E-Payment Gateway

Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over a significant meeting on the establishment of Pakistan International E-payment Gateway (IPG) that envisages paving the way for financial inclusion and payment digitization, a sub-...

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Tabish Gauhar’s Resignation – Here’s What You Should Know

Earlier today, Special Assistant to Prime Minister on Power and Petroleum, Tabish Gauhar, had resigned from his post.Gauhar confirmed his resignation in a tweet, saying that he had decided to return to his family, following a year of his public service...

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Fitch Predicts Pakistan’s Economic Recovery to Continue in FY2021-22

Fitch Solutions maintained its forecast for the Pakistani economy to record real GDP growth of 4.2 percent in the fiscal year 2021-22, up from 3.9 percent in the fiscal year 2020-21.“We note that improving vaccination rates will buoy private consumptio...

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FIA Jails CEO Elahi Group of Companies and Former Private Bank Officers for ‘Embezzlement’

The Federal Investigation Agency (FIA) has jailed Danish Elahi, Chief Executive Officer (CEO) Elahi Group of Companies, along with a few former employees of BankIslami Pakistan Limited, as a first information report (FIR) was registered against them fo...

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IHC Upholds Legitimacy of Competition Act 2010 and CCP

The Islamabad High Court (IHC) has upheld the constitutionality of the Competition Act, 2010 and the Competition Commission of Pakistan (CCP).The decision was announced in the court by Honourable Justice Babar Sattar in WP 4942/2010 titled ‘Islamabad F...

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