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State-owned oil company faces liquidity pressure as Rs525 billion in payments remain overdue, while liabilities to refineries and import suppliers reach Rs157 billion
Punjab and Sindh request releases from federal reserves after weak procurement, while policymakers weigh imports amid a 6% rise in wheat and flour prices
Auditors found that a single mobile franchise in Multan processed payments for beneficiaries across 39 districts, while more than half of 92 sampled recipients were untraceable and 21 payments went to deceased individuals.
Total tobacco-sector receipts, including income tax, reached Rs357 billion, with Pakistan Tobacco Company contributing Rs260.7 billion and Philip Morris (Pakistan) Rs52.2 billion
New benefit comes alongside a 7% general salary increase, extension of austerity measures and revised calculation of the existing 150% executive allowance.