The Board of Public-Private Partnership Authority (P3A) has rejected the consultant’s proposal for a subsidy of Rs. 533 billion for… Read More
FBR Finalizes New Property Rates For Islamabad [Update]
Initially rescheduled for a later date after causing an uproar among stakeholders, the Federal Board of Revenue (FBR) will announce… Read More
KP Govt Wants its Share of Oil and Gas Produced in The Province
To ensure the rightful provincial share in oil and gas production, the government of Khyber Pakhtunkhwa has demanded the Federal… Read More
SSGC Demands Redressal of Pending Amounts From Jamshoro Joint Venture Ltd
The Sui Southern Gas Company (SSGC) Limited has stated that clearance from the National Accountability Bureau (NAB) is required for… Read More
Petroleum Ministry Seeks Approval for Rs. 41 Billion Gas Subsidy
To cover the estimated subsidy on gas/RLNG to export-oriented sectors from December 2021 to June 2022, the Petroleum Division will… Read More
Moody’s Assigns B3 Rating to Pakistan’s US Dollar-Denominated Sukuk Offering
Moody’s Investors Service (“Moody’s”) has today assigned a B3-backed senior unsecured rating to the proposed US dollar-denominated trust certificates (Sukuk)… Read More
ECC Likely to Approve Rs. 5 Billion for 7th Population and Housing Census
The Economic Coordination Committee (ECC) of the cabinet is likely to approve Rs. 5 billion for the 7th Population and… Read More
National Assembly Approves NITB Autonomy Bill
The National Assembly has passed the National Information Technology Board (NITB) Bill, which would not only enable the Board to… Read More
Private Sector Borrowing Drops From 5.3% to 1.2% in 20 Years
Banks’ loans to the private sector dropped from 5.3 percent of GDP to 1.2 percent in the last 20 years,… Read More
Looming Fertilizer Shortage Likely to Result in Wheat Crisis Across Pakistan
An artificial shortage of fertilizers may affect the production of various crops in Pakistan. According to farmers, 17 to 20… Read More
Critical Federal Projects to Suffer As Govt Cuts Rs. 250 Billion Development Budget
An alarming project-cost factor coupled with a significant fund deficit has crippled the federal government’s agenda to meet its Rs.… Read More
FBR Preparing Tax Collection Target for Upcoming 6 Months
Calculations at the Federal Board of Revenue (FBR) for the growth projections of revenue indicated for the next six months… Read More
