The finance division has been asked to release Rs. 388 billion to the power sector to ensure benchmark targets under… Read More
ADB Highlights Disparities Between Public and Private Education Systems in Pakistan
While Pakistan has achieved remarkable progress toward universal primary education through a significant expansion of school access, stark disparities in… Read More
Avanceon Ltd Sign $3.6 Million Agreement for Smart City Solution in Makkah
Avanceon Arabia InfoTech (AAIT), a subsidiary of Avanceon, has agreed with Umm Al-Qura for Development & Construction Company (UAQ) to… Read More
PIA Privatization Plans Face Setbacks
National Privatization Commission’s plan to privatize Pakistan International Airlines (PIA) by January next year has encountered difficulties, sources have revealed.… Read More
IT Ministry Unveils Robust Cybersecurity Framework with National CERT Rules
The Ministry of IT and Telecom has decided to notify the National Computer Emergency Team (National CERT) under the newly… Read More
World Bank Director Tells Pakistan to Overhaul its Economy
In a recent article featured in the latest UNDP publication, World Bank Country Director for Pakistan, Najy Benhassine, highlighted the… Read More
Profit Repatriation Surges 312% in First 5 Months of FY24
In the first five months of the fiscal year 2024 (FY24), the repatriation of profits and dividends by foreign investors… Read More
Exchange Companies Adopts New Mechanism for Issuing Exchange Rates
The Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for issuing exchange rates for six major currencies,… Read More
FBR Announces 16 Working Groups to Transform Customs
The Federal Board of Revenue (FBR) has taken a comprehensive approach to revamp the Customs Department, signaling significant changes in… Read More
CDWP Greenlights 7 Projects Worth Rs. 85 Billion
In a recent meeting, the Central Development Working Party (CDWP) under the chairmanship of Deputy Chairman Planning Commission, Mohammad Jehanzeb… Read More
Commerce Ministry Likely to Release Rs. 37 Billion DLTL to Aid Exporters
The Commerce Ministry is planning to release Drawbacks on Local Taxes and Levies (DLTL) worth Rs. 37.306 billion to exporters… Read More
Finance Ministry Warns of Higher Markup Payments Despite Fiscal Controls
The Finance Ministry has warned that the challenge of higher markup payments persists as it rises to 63 percent during… Read More
