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IMF approves $650b to aid coronavirus fight August 4, 2021 ISLAMABAD: International Monetary Fund (IMF) Tuesday approved the biggest resource injection in the Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the COVID-19 pandemic, foreign media reported. The creation of the reserve assets known as special drawing rights is the first since the $250 billion issued just after the global financial crisis in 2009, with Managing Director Kristalina Georgieva billing it as “a shot in the arm for the world” that will help boost global economic stability. The SDR allocation will be effective on Aug 23, the IMF said in a statement. ....
IMF approves $650 bn to aid corona fight August 4, 2021 ISLAMABAD: The International Monetary Fund (IMF) Tuesday approved the biggest resource injection in the Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the COVID-19 pandemic, foreign media reported. The creation of the reserve assets known as special drawing rights is the first since the $250 billion issued just after the global financial crisis in 2009, with Managing Director Kristalina Georgieva billing it as “a shot in the arm for the world” that will help boost global economic stability. The SDR allocation will be effective on Aug 23, the IMF said in a statement. ....
IMF approves $650b aid to fight corona August 4, 2021 ISLAMABAD: International Monetary Fund (IMF) Tuesday approved the biggest resource injection in the Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the COVID-19 pandemic, foreign media reported. The creation of the reserve assets known as special drawing rights is the first since the $250 billion issued just after the global financial crisis in 2009, with Managing Director Kristalina Georgieva billing it as “a shot in the arm for the world” that will help boost global economic stability. The SDR allocation will be effective on Aug 23, the IMF said in a statement. ....
FBR plans to broaden tax base with help of Nadra July 20, 2021 ISLAMABAD: With the help of NADRA, the Federal Board of Revenue (FBR) is making plans to broaden the narrowed tax base as notices would be dispatched to identified tax dodgers, it is learnt. Federal Minister for Finance Shaukat Tarin on Monday visited the FBR’s headquarters and chaired a high-level meeting for the purpose of broadening the tax base. The number of return filers have reached around three million against the FBR estimates that the number of potential tax dodgers stood at around seven million. “Different options have come under discussion. Only preliminary work is in hand. There are a lot of ideas but no concrete numbers worked out yet,” Special Assistant to PM on Finance and Revenues Dr Waqar Masood said when this scribe contacted him for comments on Monday night. ....
Installation of PoS machines at big retailers to cost Rs70 billion thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.