Dewan Farooque Motors Limited (PSX: DFML) has announced that over 300 units of its electric vehicle model, Honri-VE, have been… Read More
Right-Sizing So Far A Big Flop As Govt Targets Only Small Posts Instead of Senior Positions
The federal government’s rightsizing drive has delivered poor results, with only 38,692 posts abolished or declared redundant, saving Rs. 36.3… Read More
Govt Withdraws Cap on Bureaucrats’ Fees
The federal cabinet has withdrawn its June 2024 decision to cap annual board fees for bureaucrats at Rs. 1 million… Read More
Govt Pays Back Rs. 500 Billion Loan to SBP
The Ministry of Finance, Government of Pakistan, has successfully retired Rs. 500 billion in debt owed to the State Bank… Read More
Govt Freezes Hiring, Halts Vehicle Purchases and Foreign Travel to Cut Costs
The Finance Division has issued a notification enforcing strict austerity measures for FY2025–26, including a ban on car purchases, creation… Read More
CCP Launched 24 Inquiries Against Cartelization and Misleading Ads During FY25
To ensure fair business practices in markets, the Competition Commission of Pakistan (CCP) undertook robust enforcement measures in FY 2024–25,… Read More
Businesses Are Suffering Big Time After FBR Limits Cash Sales in Budget
The business community is facing serious problems in complying with a new income tax provision for disallowing 50 percent of… Read More
Pakistan Likely to Witness Record-Breaking Remittances in FY26: Exchange Companies
Pakistan is likely to witness record-breaking remittance inflows in FY2025-26, driven by a new incentive structure for foreign exchange companies,… Read More
SBP, ADB Launch $500 Million Loan Program for Pakistani Women
The State Bank of Pakistan (SBP), in collaboration with the Asian Development Bank (ADB), has formally launched the $500 million… Read More
Pakistan Secures Breakthrough US Tariff Deal Ahead of Deadline
Pakistan and the United States have reached a mutual understanding on a tariff framework that will prevent the re-imposition of… Read More
World Bank Approves $55 Million Funding for DISCOs
The World Bank has approved an additional $55 million in financing for Pakistan’s Electricity Distribution Efficiency Improvement Project. The approval… Read More
Pakistan’s Central Govt Debt Rises Above Rs. 76 Trillion
The total public debt stock of the federal government increased by 12.3 percent on a year-on-year (YoY) basis in May… Read More
