Pakistan borrowed $439.32 million from multiple financing sources in the first two months (July and August) of the current fiscal… Read More
Pakistan’s Dollar Bonds Dip as Country Sets Sight on Debt Relief
Pakistan’s dollar bonds fell on Friday after Prime Minister Shehbaz Sharif made an urgent appeal for debt relief from the… Read More
Levy on Petroleum Products to Hit Rs. 50 Per Liter by April 2023
The federal government is not looking to impose the general sales tax (GST) on petroleum products, however, the petroleum development… Read More
Govt Increases Flood Relief Cash Assistance by Rs. 42 Billion
The federal government has announced to increase the amount of the “Flood Relief Cash Assistance Package” from Rs. 28 billion… Read More
Finance Division Explains Rule Regarding Calculation of Pension
Finance Division has stated that a civil servant is entitled to the usual annual increment, for calculation of pension only,… Read More
Security Cams in Islamabad’s Commercial Areas to be Connected with Safe City Project
Islamabad’s Chief Commissioner, Captain (retd.) Muhammad Usman, announced yesterday that the security cameras in the commercial areas of the city… Read More
Weekly Inflation Down to 29% After Hitting Record Highs
The Sensitive Price Indicator (SPI) based weekly inflation for the week ended 22nd September 2022 recorded a decrease of 8.11… Read More
Gas Production in Pakistan Declines by 6% During Last Fiscal Year
The production of indigenous gas has declined by over 6 percent to 2,006 MMCFD in 2020-21 from 2,138 MMCFD during… Read More
LNG Import Increased by 13% in Last Fiscal Year
The import of Liquefied Natural Gas (LNG) to Pakistan has increased by 13 percent from 857 MMCFD in 2019-20 to… Read More
Govt Arranges Workshop on Cyberbullying Against Women
Prime Minister’s Strategic Reforms Unit, in collaboration with Federal Investigation Agency (FIA), organized a virtual workshop for supporting and facilitating… Read More
IMF to Increase Next Tranche Size and Soften Conditions: Finance Minister
Finance Minister Miftah Ismail said on Friday that International Monetary Fund (IMF) Managing Director Kristalina Georgieva has agreed to Pakistan’s… Read More
700 CNG Stations Close Down as Natural Gas Usage in Transport Sector Drops 15%
The consumption of natural gas in the transport sector (Compressed Natural Gas (CNG) stations) has declined by around 15 percent… Read More
