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Why import of Russian crude oil will not decrease petrol prices?

Why import of Russian crude oil will not decrease petrol prices?
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Tax recoveries remain at $30m

Tax recoveries remain at $30m Tax ombudsman suspects corrupt practices behind low offshore recoveries ISLAMABAD: The government could recover a meagre $30 million (Rs4.6 billion) out of cases of billions of dollars referred by the Organisation for Economic Cooperation and Development (OECD), prompting a state institution to launch probe into complaint of malpractices. Average tax recovery in 1,150 cases by three zones was just Rs4 million or $25,800 per case owing to poor performance of the Karachi Zone of the Federal Board of Revenue (FBR), according to official documents seen by The Express Tribune. The official record shows that progress on thousands of offshore tax evasion cases was painstakingly slow despite Prime Minister Imran Khan’s declaration that the recovery of stolen and tax-evaded offshore money was his high priority.

IMF lauds Pakistan s positive economic indicators: Hammad

Top Story April 13, 2021 ISLAMABAD: Minister for Finance and Revenue Hammad Azhar on Monday held a virtual meeting with International Monetary Fund s (IMF) Managing Director Kristalina Georgieva where she acknowledged the need for the welfare of people as the focus of all policy endeavors. Had a productive virtual meeting with IMF MD on the state of Pakistan s economy and implementation of reforms. Grateful that she acknowledged the positive economic indicators and the need to keep the welfare of people of Pakistan as the focus of all our policy endeavors, Hammad said after the meeting. Georgieva held the virtual meeting with Hammad Azhar and Governor State Bank of Pakistan Dr Reza Baqir. She later tweeted: I commended Pakistan s response to the health and economic crisis, and we discussed the way forward for vital economic reforms and external financing needed to build a better future for Pakistan s people.

IMF lauded Pakistan s positive economic indicators

ISLAMABAD: Minister for Finance and Revenue Hammad Azhar on Monday held a virtual meeting with International Monetary Fund s Managing Director Kristalina Georgieva where she acknowledged the need.

IMF lauds Pak economic indicators: Hammad

Top Story April 13, 2021 ISLAMABAD: Minister for Finance and Revenue Hammad Azhar on Monday held a virtual meeting with International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva where she acknowledged the need for the welfare of people as the focus of all policy endeavors. “Had a productive virtual meeting with IMF MD on the state of Pakistan’s economy and implementation of reforms. Grateful that she acknowledged the positive economic indicators and the need to keep the welfare of people of Pakistan as the focus of all our policy endeavors,” Hammad said after the meeting. Georgieva held the virtual meeting with Hammad Azhar and Governor State Bank of Pakistan Dr Reza Baqir. She later tweeted: “I commended Pakistan’s response to the health and economic crisis, and we discussed the way forward for vital economic reforms and external financing needed to build a better future for Pakistan’s people.” Pakistani authorities and IMF high-ups held discuss

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