The federal government has decided to undertake a Rs. 5 billion program under the next fiscal year’s (FY24) Public Sector… Read More
PM Directs Authorities to Devise Massive Incentive Package for IT Sector in Budget
A high-level meeting was convened in Islamabad under the chairmanship of Prime Minister Shehbaz Sharif today to promote information technology… Read More
Rupee Down 3rd Day in a Row Against US Dollar As Pressure Mounts
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.2 in… Read More
Pro-Agriculture Sector Measures Likely in Budget 2023-24
Given the increased strain on the import bill in recent times, the Fiscal Year (FY) 2023-24 budget is anticipated to… Read More
Oil Sector Warns Against Govt Plan to Import Fuel on Behalf of Foreign Supplier
The oil industry has serious concerns about the government’s intention to import oil on behalf of international suppliers through custom… Read More
Govt Proposes Big Cuts in IT and Telecom Projects in Budget 2023-24
The Federal Government has proposed a Rs. 6 billion budget for the Ministry of IT and Telecommunication projects against the… Read More
Govt Struggles to Determine Indicative Budget Ceiling for Development Funds in FY2023-24
The federal government has faced several challenges in the formulation of the Indicative Budget Ceiling (IBC) of Ministries/Divisions for Public… Read More
Chinese Firm Desperate to Back Out of Allama Iqbal Airport Project
The lowest bidder M/s Sinohydro selected for the Allama Iqbal International Airport has now been trying to move out of… Read More
Rupee Falls Against US Dollar, Saudi Riyal As Markets Brace for Budget Week
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.8 in… Read More
Govt Proposes Rs. 5.5 Billion for Science & Technology Sector in PSDP 2023-24
The Federal Government has proposed Rs. 5.5 billion for the Science & Technology Sector under the Public Sector Development Program… Read More
Govt Proposes Rs. 6 Billion Development Funds for IT and Telecom Projects in FY2023-24
The federal government has proposed Rs. 6 billion for the Ministry of IT and Telecommunication projects under the Public Sector… Read More
Telcos Propose 5G-Friendly Tax Breaks in Budget 2023-24
Telecom operators have proposed the government adopt a model to earn with 5G development instead of spectrum fee and taxes,… Read More
