Pakistan Economy: 100bps hike; Highest ever policy rate of 21%
In the monetary policy meeting held today (4th Apr’’23), the State Bank of Pakistan (SBP) has increased the benchmark policy rate by another 100bps to 21%, a record high. To…
FBR meets revenue collection target
KARACHI: The federal Board of Revenue (FBR) collected Rs3.104 trillion in taxes in fiscal year 2015/16, the finance ministry said on Friday, the first time it has met its tax…