Breaking nexus with electricity thieves: Transfers of Discos’ operational staff on the cards ISLAMABAD: The Power Division has decided to transfer operational staff of power Distribution Companies (Discos)... Updated 27 Sep, 2023 10:51am
Print PD asked to place KE-related issues before CCER meeting ISLAMABAD: Finance Division has asked Power Division to present K-Electric’s issues before the Cabinet Committee on... Updated 26 Sep, 2023 08:48am
Print Provincial nature PSDP projects: Centre decides to make it mandatory for provinces to share 50pc cost ISLAMABAD: The caretaker federal government has reportedly decided to make it mandatory for the provinces to share... Updated 25 Sep, 2023 09:33am
Print Fiscal consolidation: Ministries, divisions asked to strictly adhere to funds release strategy ISLAMABAD: Secretary Finance, Imdad Ullah Bosal has asked ministries and divisions to strictly adhere to the funds... Updated 24 Sep, 2023 09:15am
Print To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to ‘SOFR’ ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over... Updated 19 Sep, 2023 09:10am
Print NPCs: Rate of return again revised upward to attract more investment KARACHI: The federal government has revised the rate of return on the conventional Naya Pakistan Certificates (NPCs)... Updated 15 Sep, 2023 09:56am
Print Banks and FIs: MoF to do away with direct credit lines ISLAMABAD: The Finance Ministry has reportedly decided to do away with direct credit lines from banks/financial... Updated 14 Sep, 2023 09:09am
Print Domestic collection improvement: FBR presents strategy to Shamshad ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve... Updated 13 Sep, 2023 08:53am
Editorials Economic update and outlook for Aug EDITORIAL: The Economic Update and Outlook for August 2023 uploaded on the Finance Division website ended as always... Published 11 Sep, 2023 06:32am
Print Move to promote Islamic mode of financing: MoF proposes draft amendments to MTBs, Ijara Sukuk rules ISLAMABAD: The Finance Ministry has proposed draft amendments to Pakistan Market Treasury Bills and Ijara Sukuk... Updated 09 Sep, 2023 09:28am
Print FD highlights AJK’s share in divisible pool ISLAMABAD: The Finance Division has told a standing committee of finance that the share of AJK government in the... Updated 03 Sep, 2023 09:34am
Print Debt management: FD advocates balanced approach ISLAMABAD: Fiscal discipline is essential to maintain primary surplus as total public debt/revenue and debt... Updated 02 Sep, 2023 03:08pm
Print Govt hikes price of petrol by Rs14.91, HSD’s by Rs18.44 ISLAMABAD: The interim government on Friday hiked once again the prices of petroleum products up to Rs 18.44 per... Updated 01 Sep, 2023 08:43am
Business & Finance 2023-24: Strategy for additional allocation, re-appropriation of funds issued ISLAMABAD: Finance Division has issued strategy for additional allocation and re-appropriation of funds during... Published 28 Aug, 2023 06:27am
Print SOEs monitoring under IMF SBA: Finance Division yet to operationalise CMU ISLAMABAD: The Finance Division has yet to complete the operationalisation of the Central Monitoring Unit (CMU) by... Updated 26 Aug, 2023 06:28pm
Print Prices of petrol, diesel increased by upto Rs20 ISLAMABAD: The caretaker government has announced an increase in the ex-depot price of petroleum products up to Rs... Updated 16 Aug, 2023 09:18am
Print BRACE report lists factors leading to greater poverty ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in... Updated 11 Aug, 2023 09:29am
Opinion A commentary about AML Act AML Authority law, The Parliament legislated on July 3, 2023, the National Anti-Money Laundering and Counter... Updated 10 Aug, 2023 07:13am
Print Updated CDMP as per SBA yet to be approved ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as... Updated 09 Aug, 2023 09:16am
Print Six incentive schemes of SBP: ECC approves proposal of changes in contours ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the State Bank of Pakistan (SBP)’s... Updated 08 Aug, 2023 08:43am
Print Energy sector reforms: Modalities, framework finalised ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on reforms in the energy sector at the Finance Division,... Updated 05 Aug, 2023 09:04am
Print Autonomous/semi-autonomous bodies: MoF seeks list from ministries, divisions for ad hoc relief ISLAMABAD: The Finance Ministry has sought from all the ministries/divisions a list of autonomous/semi-autonomous... Updated 05 Aug, 2023 08:49am
Print Execution of schemes: ECC approves Rs1.016bn TSG for Petroleum Division ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs1.016 billion... Updated 03 Aug, 2023 09:16am
Print Settlement of dues of IPPs/GPPs: FD seeks expenditure details of Rs601bn extended to PD ISLAMABAD: The Finance Division has sought expenditure details of Rs 601 billion extended to the Power Division to... Updated 01 Aug, 2023 09:13am
Print ECC approves Rs10bn TSG for PMB&ALS ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 10 billion Technical... Updated 31 Jul, 2023 09:15am
Print Policy continuation, forex financing a must for growth ISLAMABAD: The Finance Division has stated that prudent and effective economic decisions, political and economic... Updated 27 Jul, 2023 09:10am
Business & Finance Hasnie proposed as NBP president/CEO ISLAMABAD: The Finance Division has proposed Rehmat Ali Hasnie’s name to the federal cabinet for approval for the... Published 22 Jul, 2023 06:06am
Print Finance bill: Bureaucracy can devise ‘zero tax’ regime Senate Standing Committee on Finance holds meeting under chairmanship of Senator Saleem Mandviwalla Updated 21 Jul, 2023 09:48am
Print General election: Rs42.528bn TSG grant approved by ECC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs42.528 billion technical... Updated 21 Jul, 2023 09:28am