Centre expenditure on provincial subjects Updated 12 Nov, 2026 06:32am EDITORIAL: The Senate Standing Committee on Devolution was informed that the Centre spent Rs5 trillion on 17...
125 demands for grants approved: NA rejects over 200 cut motions Updated 22 Jun, 2026 09:22am ISLAMABAD: The National Assembly on Sunday approved 125 demands for grants exceeding Rs4.40 trillion for various...
Aurangzeb to wind up budget speech today Updated 20 Jun, 2026 09:25am ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb is set to present expenditures...
Senate surrenders Rs1.44bn savings to national kitty Published 09 Jun, 2026 04:58am ISLAMABAD: The Senate of Pakistan has announced to have surrendered the savings of Rs1.44 billion to the national...
Jul-Feb govt debt surges Rs2trn to Rs79.88trn Updated 10 Apr, 2026 09:11am KARACHI: Pakistan’s central government debt continued upward trajectory, rising by nearly Rs2 trillion during the...
POL items’ stocks at comfortable levels, PM told Updated 20 Mar, 2026 09:33am ISLAMABAD: Prime Minister Shehbaz Sharif was told on Thursday that the country holds sufficient petroleum reserves...
JI chief slams rulers for luxury spending amid public hardship Published 18 Mar, 2026 04:35am LAHORE: Chief of Jamaat-e-Islami Pakistan Hafiz Naeem ur Rehman has said that the rulers brought through Form-47...
Austerity must begin with the state Updated 17 Mar, 2026 06:42am EDITORIAL: At a time when economic pressures and rising energy costs are forcing governments across Pakistan to...
Austerity and energy-saving steps: PM orders strict enforcement Updated 11 Mar, 2026 09:22am ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed all federal ministries and Divisions to strictly...
PM announces cut in govt expenditure Published 10 Mar, 2026 06:09am Austerity measures would be applied uniformly, says Shehbaz
Central govt debt up over Rs1.4trn in 7 months Updated 06 Mar, 2026 09:28am KARACHI: Pakistan’s central government debt increased over Rs1.4 trillion during the first seven months of the...
State of the economy Published 31 Jul, 2025 06:25am EDITORIAL: July Monthly Economic Update and Outlook, the first month of the ongoing fiscal year, presented two data...
Austerity plan: Finance Division bans vehicle purchases, new posts Updated 08 Jul, 2025 08:25am ISLAMABAD: In a belt-tightening move, the Finance Division notified austerity measures, including ban on purchase of...
Pakistan govt presents Rs28.77bn charged expenditures Updated 24 Jun, 2025 08:24am ISLAMABAD: The federal government presented Rs28.774 trillion charged expenditure including in demands for grants...
Austerity for people, exceptions for state Updated 24 May, 2025 08:30am EDITORIAL: In a country where every budget cycle tightens the noose on the ordinary citizen, the procurement of 179...
Ministries, Divisions told: Proposals must contain expenditures break-up: ECC Updated 13 May, 2025 09:13am ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed all ministries/Divisions that in...
Notification issued: Contingency posts axed for cost savings: FD Updated 06 Nov, 2024 09:04am ISLAMABAD: The Finance Division notified that all contingency posts eliminated as part of efforts to reduce...
Bengali’s resignation Updated 09 Sep, 2024 07:51am EDITORIAL: Noted and respected economist Kaiser Bengali’s decision to resign from the so-called austerity ...
Bengali spells out reasons for his resignation Published 03 Sep, 2024 06:27am KARACHI: Noted economist Dr Kaiser Bengali has resigned from the Austerity Committee (High-Powered Committee for...
Traders reject advance income tax collection Updated 12 Aug, 2024 09:25am PESHAWAR: Traders community rejected advance income tax collection and termed it anti-businesses. Traders said they...
Senate panel’s skepticism Updated 12 Aug, 2024 07:23am EDITORIAL: The Senate Functional Committee on Devolution presided over by Dr Zarqa Suharwardy Taimur expressed...
Ministries/divisions: MoF annoyed at absence of expense reconciliation Updated 11 Apr, 2024 10:36am Finance Ministry’s Expenditure Wing reiterates that purpose of reconciliation is to identify any mismatch with actual expenditure, wrong booking, or shortfall in funding under relevant head of account
IMF sees slight rise in govt expenditure Updated 12 Oct, 2023 09:31am ISLAMABAD: The International Monetary Fund (IMF) has projected an increase of 0.6 per cent in the government...
Shamshad says not in position to entertain any expenditure request Updated 04 Sep, 2023 09:41am ISLAMABAD: Caretaker Finance Minister, Dr Shamshad Akhtar, has said that lack of fiscal discipline, increasingly...
4-month budget: KP govt finalises expenditure proposals Updated 19 Jun, 2023 09:11am PESHAWAR: A high level meeting held here on Sunday with Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam...
ECC informed: Spending on MPs’ schemes under SAP hits Rs111bn mark Updated 25 May, 2023 08:48am ISLAMABAD: With the approval of an additional Rs20 billion by the Economic Coordination Committee (ECC) amid tight...
Budget deficit: PIAF calls for controlling govt expenditure, high cost of debt servicing Published 12 Mar, 2023 05:55am LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government...
Govt announces steps to correct fiscal imbalances Updated 23 Feb, 2023 09:18am Ministers, advisers to forgo pays and perks Cabinet members to pay utility bills out of their own pockets Travel only in economy class and no stay in 5-star hotels
SPCCI calls for taking steps to end economic morass Published 29 Jun, 2022 07:27am ISLAMABAD: The South Punjab Chamber of Commerce and Industry members have urged the government to sail the country...