The Ministry of Finance has objected to the Power Division’s proposal to set up Performance Management Units (PMUs) at under-performing… Read More
Assets of Non-Banking Finance Companies Surged by Rs. 76 Billion in FY23: SECP
The Non-Banking Finance sector (NBFC) is one of the major sections of the overall financial markets and infrastructure of the… Read More
Exporters Urge Govt to Give Big Discount On Electricity Charges
Pakistan’s export industry has asked the government to reduce wheeling charges (standard tariff charges) for using the national grid. The… Read More
PSO to Sell 30% Stake in PRL to Chinese Firm For $1.5 Billion
Pakistan State Oil (PSO) has decided to sell a 30 percent stake in Pakistan Refinery Limited (PRL) to a Chinese… Read More
SECP Took Action Against 83 Companies Over Anti-Money Laundering Violations in FY23
The Securities and Exchange Commission of Pakistan (SECP) has issued 83 orders against the companies which committed different violations of the anti-money… Read More
Dr Shamshad Akhtar Honored With Most Influential Woman in Islamic Business and Finance 2023 Award
Caretaker Finance Minister Dr Shamshad Akhtar was honored with the prestigious Award of the ‘Most Influential Woman in Islamic Business… Read More
Oil Prices Fall by 2.5% Over Demand Worries
International oil prices fell by over 2.5 percent on Wednesday over a bigger-than-expected increase in US gasoline inventories worried markets… Read More
IMF to Propose Solutions on Digitizing Pakistan’s Budget Making Process
Federal Minister for Finance Dr Shamshad Akhtar chaired the kick off meeting of International Monetary Fund (IMF) Technical Assistance Mission… Read More
SECP Working on Strategic Action Plan for Development of Islamic Finance
The Securities and Exchange Commission of Pakistan (SECP) is in the process of developing a strategic action plan for the… Read More
Senate Panel Asks for Details of Supplementary Grants of Last 10 Years
The Senate Standing Committee on Law and Justice while deliberating on the amendment of Article 84 in the Constitution Amendment… Read More
Senate Body Directs to Resolve Issue of Land Acquisition for Key Railway Track in Gwadar Within 15 Days
The Senate Standing Committee on Maritime Affairs deliberated on the acquisition of the remaining land for the railway track from… Read More
Punjab Makes It Necessary for Private School Students to Use Buses
The Punjab government has launched a significant initiative to address the ongoing smog crisis by reforming the transportation policies of… Read More
