Govt budgets Rs406bn to stem circular debt growth ISLAMABAD: The government has budgeted Rs406 billion – in addition to the regular subsidy for electricity bills... Updated 20 Jul, 2024 02:02pm
Print FY24-25 to FY26-27: MoF cautions fiscal risks may affect MTBS forecasts ISLAMABAD: Finance Ministry has cautioned that fiscal risks may lead to potential threats or uncertainty in fiscal... Updated 20 Jul, 2024 09:24am
Print MoF issues strategy for release of recurrent budget funds ISLAMABAD: The Finance Ministry on Friday issued strategy for release of recurrent budget funds for 2024-25 fiscal... Updated 13 Jul, 2024 09:39am
Print ‘Unjust’ budget: MoC, exporters join the chorus against MoF, FBR ISLAMABAD: The Commerce Ministry and exporters on Thursday joined the chorus against Finance Ministry and Federal... Updated 05 Jul, 2024 08:49am
Print IMF lauds economic decisions, efforts to hike gas prices Holds virtual talks with Pakistan on the efforts made in the budget to meet the conditions Updated 04 Jul, 2024 10:24am
Print Export growth: MoC angry with MoF for ignoring its budget proposals ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its... Updated 04 Jul, 2024 03:05pm
Print Tajir Dost Scheme: There should be no extra tax on registered traders: CC ISLAMABAD: There should be no additional tax on traders and shopkeepers registered under the Tajir Dost Scheme from... Updated 02 Jul, 2024 09:30am
Business & Finance Finance Minister says economic stability has revived international institutions’ trust Aurangzeb says the country’s economy has significantly improved with the prudent economic policies of the government Updated 30 Jun, 2024 10:29pm
Print Monthly update, outlook: June inflation will be on higher side: MoF ISLAMABAD: The Finance Ministry has stated that inflation outlook would be higher for June 2024 compared to the... Updated 29 Jun, 2024 03:01pm
Print ECC decides to establish pension funds from July 1 ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to establish the pension funds from... Updated 28 Jun, 2024 03:11pm
Pakistan Govt will use resources optimally for economic revival, says PM Shehbaz Premier says the federation will ensure consultations with the provinces and other stakeholders in all key decisions Published 10 Jun, 2024 09:26pm
Print Categorisation of commercial SOEs: PM irked by delay in submission of summaries Directs concerned secretaries to personally and proactively oversee the process to ensure submission of requisite recommendations/summaries to Cabinet Committee on State-Owned Enterprises Updated 08 Jun, 2024 05:20pm
Print Jul-Mar period: Provinces’ spending jumps 23pc YoY ISLAMABAD: The provinces’ development spending under the Public Sector Development Programme (PSDP) during the first... Updated 07 Jun, 2024 09:43am
Print Power sector: MoF agrees to extend Rs1.094trn subsidy ISLAMABAD: The Finance Ministry is said to have agreed to extend subsidy of Rs 1.094 trillion for the financial year... Updated 30 May, 2024 08:39am
Print Monthly Economic Update and Outlook of EAW: Credit to private sector declines 39.7pc YoY Finance Ministry states that expenditures remained under significant pressure due to rising mark-up payments Updated 30 May, 2024 09:31am
Print Public assets: Ministry seeks data to share it with IMF Says IMF has recommended actions on an issue that the data on public assets was inconsistent and not easily centralised Updated 27 May, 2024 11:43am
Print Exploring investment: PM expected to visit UAE in a couple of weeks ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks,... Updated 19 May, 2024 03:10pm
Pakistan Govt reduces petrol price by Rs15.39, HSD’s by Rs7.88 per litre New prices come into effect from May 16, 2024 Updated 15 May, 2024 11:55pm
Print Urea fertilizer: MoF refuses to extend subsidy due to financial snags ISLAMABAD: The Finance Ministry has reportedly refused to extend subsidy on urea fertilizer due to financial... Updated 14 May, 2024 01:13pm
Pakistan Finance Minister says no such thing as strategic state-owned enterprises Muhammad Aurangzeb says there will be a public-private partnership and we will accelerate the privatisation agenda Updated 12 May, 2024 10:24pm
Print Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments Updated 01 May, 2024 04:36pm
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Print Ministries, divisions told to surrender funds on May 15th ISLAMABAD: The Finance Ministry has directed all the ministries and divisions to surrender the current financial... Updated 18 Apr, 2024 09:47am
Print MoF, FBR direct officials not to engage with media ISLAMABAD: The Finance Ministry and the Federal Board of Revenue (FBR) have directed their officials not to engage... Updated 09 Apr, 2024 01:31pm
Editorials Pension reforms: key to fiscal health EDITORIAL: The long-festering issue of pension reforms has gained significant traction in recent times due to the... Published 06 Apr, 2024 05:28am
Business & Finance Q2 GDP stands at 1pc despite improvement in agri sector ISLAMABAD: The GDP growth stood at one percent in the second quarter of the ongoing fiscal year against the revised... Updated 30 Mar, 2024 08:47am
Print Reforms agenda: Govt committed to working with IMF: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb has expressed the government’s commitment towards working with the... Updated 15 Mar, 2024 08:28am
Print Expenditure: Higher mark-up payments putting significant pressure: Finance ISLAMABAD: The Finance Ministry has stated that higher mark-up payments are putting significant pressure on... Updated 01 Mar, 2024 09:06am
Business & Finance PBF wants a ‘non-technocrat’ as next finance minister KARACHI: Pakistan Business Forum (PBF) has urged the Prime Minister (in-waiting) to appoint a politician on the slot... Updated 23 Feb, 2024 10:48am
Print Austerity steps approved by PM ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar approved a number of austerity measures to stop unnecessary... Updated 23 Feb, 2024 09:36am
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