Concessional power to zero-rated industry: MoC seeks FD’s support to its Rs26bn SG summary ISLAMABAD: Commerce Ministry has requested Finance Division to support its summary on supplementary grant allocation... Updated 29 Jun, 2022 09:47am
Business & Finance CPEC projects: China to work under vision of shared prosperity: official ISLAMABAD: Pang-chunxue, Charge de Affaires of the Embassy of People’s Republic of China called on Federal ... Published 24 Jun, 2022 06:15am
Print Launch of sukuk plan approved Cabinet also approves reducing the price of 100mg Remdesivir injections used in the treatment of Coronavirus from Rs2,308.63 to Rs1,892 Updated 22 Jun, 2022 10:10am
Print CPEC IPPs: MoF urges Power Div to address issue of excess profitability ISLAMABAD: Finance Ministry has urged Power Division to address excess profitability by Independent Power Producers... Updated 18 Jun, 2022 10:00am
Print Power sector subsidies, payments to IPPs/GPPs: Rs516bn may be set aside as provisional IBCs ISLAMABAD: The government is likely to earmark Rs 516 billion for the power sector subsidies and payment to... Updated 07 Jun, 2022 09:57am
Print Using RMB/PKR in bilateral trade: PM directs SBP to hold meetings with Chinese banks Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs Updated 06 Jun, 2022 09:42am
Print Utility cos/agencies: ECC allows release of Rs37.33bn to PPOD for clearance of dues ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the release of Rs37.33 billion for... Updated 05 Jun, 2022 11:40am
Print Quarterly Tariff Adjustment: Rs113bn impact to be shifted to KE consumers by way of surcharge K-Electric may be directed that such surcharge collected shall be omitted to CPPA-G immediately to reduce the large outstanding payable Updated 04 Jun, 2022 09:14pm
Pakistan Dues of utilities: Ministry seeks ECC’s help for release of Rs37.33bn ISLAMABAD: Ministry of Communications has sought ECC’s help for release of Rs 37.33 billion to clear outstanding... Published 03 Jun, 2022 08:34am
Print POL products’ prices remain unchanged ISLAMABAD: Federal government on Tuesday announced to keep the prices of petroleum products at current level with... Updated 01 Jun, 2022 10:00am
Editorials State of the economy EDITORIAL: Monthly Economic Update for April uploaded by the Finance Division on its website accurately notes that... Published 31 May, 2022 05:11am
Business & Finance Financial, economic progress: Miftah Ismail lauds contribution of Bank of China ISLAMABAD: Wang Jie, Country Head and CEO, Bank of China Pakistan Operations, called on Federal Minister for Finance... Updated 31 May, 2022 10:30am
Print Relief package on electricity likely to stay ISLAMABAD: The government has reportedly decided to continue PM’s relief package of Rs 5 per unit for electricity... Updated 28 May, 2022 10:21am
Print MoF frames draft rules for NTR ISLAMABAD: Ministry of Finance has framed draft rules, procedures for collection, reporting and monitoring of ... Updated 27 May, 2022 09:57am
Business & Finance NTC meeting on ‘harmonisation of sales tax’ deferred ISALAMABAD: The meeting of the National Tax Council (NTC) convened on harmonisation of sales tax between federal... Published 27 May, 2022 05:50am
Print Ministries, SOEs told to deposit BESOS balance in FCF ISLAMABAD: The Finance Ministry has directed concerned ministries/State Owned Entities (SOEs) to deposit balance... Updated 26 May, 2022 09:52am
Pakistan IB seeks additional Rs1bn to meet shortfall ISLAMABAD: Intelligence Bureau (IB) has sought additional funds of Rs1 billion to meet shortfall in the budget... Published 24 May, 2022 06:43am
Print Rs374m earmarked for Power Division as provisional IBCs ISLAMABAD: Finance Division has earmarked Rs 374 million for Power Division as provisional Indicative Budget... Updated 24 May, 2022 09:27am
Print KE urges FD to release budgeted subsidy directly ISLAMABAD: Karachi Electric (KE) has urged the Finance Division to release budgeted subsidy directly to it to ensure... Updated 22 May, 2022 09:35am
Business & Finance Government to present budget on June 10 PM calls special meeting of cabinet for consideration of budgetary proposals Published 20 May, 2022 06:33pm
Pakistan Jinnah Naval Base: MoD wants ECC approval for Rs5.5bn grant ISLAMABAD: Ministry of Defence (MoD) has sought approval of Economic Coordination Committee (ECC) of the Cabinet for... Published 20 May, 2022 05:15am
Pakistan Minister briefed about WB-funded programmes ISLAMABAD: Minister of State on Finance and Revenue Dr Aisha Ghous Pasha held a meeting with Country Director World... Published 18 May, 2022 05:54am
Print IMF talks to begin today at Doha ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that a team of the Finance Division has gone to Doha (on... Updated 18 May, 2022 10:43am
Pakistan Govt decides to conduct regular monitoring of KPP ISLAMABAD: The government has decided to conduct the monitoring and evaluation of the Kamyab Pakistan Program (KPP)... Published 14 May, 2022 04:05am
Business & Finance Hasnie given look-after charge of President/CEO NBP ISLAMABAD: The federal government has given the look-after charge of President National Bank of Pakistan to senior... Published 12 May, 2022 05:40am
Business & Finance Rehmat Ali Hasnie granted look-after charge as President/CEO at NBP The Finance Division has granted Rehmat Ali Hasnie look-after charge of the post of President/CEO National Bank of... Updated 11 May, 2022 10:27pm
Print PSDP faces prospect of deep cuts Ministry of Planning, Development and Special Initiatives writes letter to Ministries/ Divisions highlighting that requisite project wise revised allocations are pending Updated 26 Apr, 2022 10:04am
Print PSDP-funded projects: Finance Division revises pay package of staff upward ISLAMABAD: The Finance Division has revised upward pay package of the project staff directly recruited for... Updated 22 Apr, 2022 10:44am
Print Planning ministry to release development funds for Q4 ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/oPD&SI) has reportedly decided to ... Updated 21 Apr, 2022 10:43am
Print Rs50bn SG against CPEC IPPs’ dues: Power Division asked to submit fresh summary ISLAMABAD: The Cabinet Division has reportedly asked Power Division to submit the summary afresh for grant of Rs 50... Updated 16 Apr, 2022 03:39pm
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost