SIFC making waves? Special Facilitation Investment Committee (SIFC) was established by the Shehbaz Sharif-led government on 17 June... Updated 20 Nov, 2023 07:08am
Print ‘Winter package’ not allowed to see the light of day Govt fails to secure nod for industry package from IMF, sources says Updated 14 Nov, 2023 02:34pm
Print Projects: Centre facing resistance from provinces Resistance faced on proposed plan to scrap 137 non-starter projects and transfer 49 projects with up to 20 percent progress to provinces Updated 13 Nov, 2023 09:56am
Business & Finance MoF to remain open on Iqbal Day for IMF talks ISLAMABAD: Finance Ministry will be opened on November 09, 2023 - on Iqbal Day, declared a public holiday – due to... Updated 08 Nov, 2023 09:55am
Print Govt appears confident ahead of SBA talks Pakistan and IMF will begin crucial discussions on first review of US$3 billion Stand-by-Arrangement from Thursday Updated 01 Nov, 2023 09:59am
Print Higher markup payments will continue to pose big challenges: MoF ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for... Updated 01 Nov, 2023 09:59am
Print MTBs and Ijara Sukuk Rules: Cabinet approves summary regarding amendment: MoF ISLAMABAD: The Finance Ministry has said the caretaker federal cabinet has granted its approval to the summary... Updated 31 Oct, 2023 09:33am
Business & Finance MoF decides to hire fulltime member for CCP ISLAMABAD: The Finance Ministry has decided to hire a member of the Competition Commission of Pakistan (CCP) –... Published 31 Oct, 2023 05:26am
Pakistan MoF informs Senate panel: MCC Multan seizes smuggled goods worth Rs3.918bn ISLAMABAD: The Finance Ministry has informed the Senate Standing Committee on Finance that the Model Customs... Published 27 Oct, 2023 05:16am
Editorials Consolidated fiscal operations EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for... Published 27 Oct, 2023 05:16am
Print Govt closes Q1 with budget deficit of 0.9pc of GDP ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget... Updated 26 Oct, 2023 09:02am
Print Hundreds of uplift projects face the axe These also include non-starter projects Updated 26 Oct, 2023 09:53am
Print MoF to share green bonds, debt swaps plan with SIFC today ISLAMABAD: Finance Ministry is all set to share its plan on floating of international and domestic green bonds and... Updated 24 Oct, 2023 09:37am
Pakistan Foreign-funded tours, courses: Govt officials also drawing allowances, perks from exchequer ISLAMABAD: Government officers in violation of rules are drawing daily allowance and other perks from the exchequer... Published 18 Oct, 2023 06:09am
Print Govt allows name change of Summit Bank to Bank Makramah Ltd ISLAMABAD: The Federal Cabinet has allowed the name change of Summit Bank to Bank Makramah Limited and voting rights... Updated 14 Oct, 2023 05:32pm
Print 50bps hike in policy rate adds Rs300bn to domestic debt: MoF ISLAMABAD: The Finance Ministry has disclosed that 0.5 percent (50 basis points) increase in interest rate... Updated 05 Oct, 2023 11:06am
Business & Finance Issue of SPLC lands on MoF desk ISLAMABAD: The issue of Saudi Pak Leasing Company Limited (SPLC) has reportedly landed at the desk of the Finance... Published 05 Oct, 2023 06:23am
Print Uplift loans, advances: Govt fixes rate of mark-up ISLAMABAD: The caretaker federal government has fixed rate of mark-up for chargeable on development loans and... Updated 02 Oct, 2023 08:51am
Pakistan Polio eradication: Umbrella PC-1 of $1784m project extended to 3 years ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) extended the duration of the umbrella... Published 26 Sep, 2023 06:33am
Print Identifying new taxpayers: Shamshad seeks data of electricity users ISLAMABAD: The caretaker Minister for Finance and Revenue, Dr Shamshad Akhtar, has sought updated data of... Updated 25 Sep, 2023 09:31am
Print Banks and FIs: MoF to do away with direct credit lines ISLAMABAD: The Finance Ministry has reportedly decided to do away with direct credit lines from banks/financial... Updated 14 Sep, 2023 09:09am
Print Caretakers likely to ease the woes of power sector The Power Division proposes implementation on 'old proposed measures with new words' to the caretaker government with the assertion that now failure is no option Updated 11 Sep, 2023 10:00am
Print Move to promote Islamic mode of financing: MoF proposes draft amendments to MTBs, Ijara Sukuk rules ISLAMABAD: The Finance Ministry has proposed draft amendments to Pakistan Market Treasury Bills and Ijara Sukuk... Updated 09 Sep, 2023 09:28am
Print Economic update for August: Upward adjustment in energy tariffs, fuel price hike to strain inflationary pressures: MoF ISLAMABAD: The Finance Ministry Wednesday said the upward adjustment in energy tariffs and further increase in fuel... Updated 07 Sep, 2023 09:33am
Print Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to... Updated 01 Sep, 2023 09:11am
Editorials The IMF conditions EDITORIAL: The statement by the Resident Representative of the International Monetary Fund (IMF) in Islamabad on 23... Published 28 Aug, 2023 06:27am
Print Govt required to keep SOEs under MoF oversight: IMF KARACHI: The International Monetary Fund’s (IMF) representative in Pakistan on Wednesday said that the reform... Updated 24 Aug, 2023 09:49am
Business & Finance Debt servicing hits record high of Rs5.831trn: FY23 closes with 7.7pc budget deficit ISLAMABAD: The government closed the last fiscal year (2022-23) with a budget deficit of 7.7 percent or Rs6.521... Updated 18 Aug, 2023 09:49am
Print Finance minister briefed by MoF officials ISLAMABAD: Dr Shamshad Akhtar assumed the charge of caretaker finance minister on Thursday. Soon after taking oath,... Updated 18 Aug, 2023 09:42am
Print Recovery of Rs24.5bn from KE consumers: Govt seeks to impose Rs1.52/unit surcharge ISLAMABAD: The federal government seeks to impose Rs1.52 per unit surcharge on K-Electric (KE) to recover Rs24.5... Updated 16 Aug, 2023 09:16am