The federal government is expected to give a major relief in the prices of different POL products. Sources have revealed… Read More
Govt Appoints Lt. Gen. (R) Sajjad Ghani as WAPDA Chairman
Federal Government has announced to appoint Lt. Gen. (Retd) Sajjad Ghani as Chairman Water and Power Development Authority (WAPDA). In… Read More
Pakistan Can Generate Loans Worth $3.8 Billion from Low-Income Housing Market
An additional loan volume of $3.8 billion can be created in the mortgage finance market by existing and new housing… Read More
ECC Approves Issuance of Letter of Comfort in Favor of PSO for Raising Loan Facility of Rs. 50 Billion
The Economic Coordination Committee (ECC) of the Cabinet has approved the proposal to issue a letter of comfort in favor… Read More
Cabinet Turns Down Proposal to Issue Binding Instructions for Commercial Deals
The cabinet has decided to dismiss the proposal of issuing binding instructions for the commercial deals coming under the realm… Read More
Finance Ministry Changes Accounting Procedure for Revolving Fund Accounts
The Ministry of Finance has revised the accounting procedure for Revolving Fund Accounts (also called “foreign aid assignment accounts”). According… Read More
ECC Likely to Approve Weekly Petroleum Price Review
The Economic Coordination Committee (ECC) will meet today (11 August) to discuss the adoption of a weekly review system for… Read More
Custom Officers Face Disciplinary Action for Corruption
The Federal Board of Revenue has removed an official from service for misreporting the place and date of recovery of… Read More
Rice Production Expected to Rise During FY23
Pakistan is expected to produce a record 9 million tonnes of rice during the fiscal year 2022-23 (FY23), compared to… Read More
ADB to Provide Technical Assistance on Tax Administration and Pension Reforms
The Asian Development Bank (ADB) will provide technical assistance worth $950,000 (around Rs. 195 million) to Pakistan to support tax… Read More
Punjab Facing Scarcity of Life-Saving Drugs
The shortage of critically important drugs is once again exacerbating the difficulties of patients in Punjab. According to sources in… Read More
Finance Ministry Restricts Allocation of Supplementary Grants During FY23
Due to the limited fiscal space, the Federal Government has restricted the allocation of supplementary grants for all the Ministries… Read More
