HeadlinesNAB probes Rs1.25bn embezzlement in KP medicine procurement
Inquiry revealed corruption in medicine procurement, with over Rs4 billion paid to 50 companies, 15 of which received more than Rs3 billion
Mar 18, 2025
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HeadlinesGovt intensifies efforts to unlock $8trn mineral wealth through new projects: report
A mineral conference is scheduled for next month to highlight the country’s mineral resources and foster investment opportunities
Mar 18, 2025
HeadlinesTop-listed companies contribute Rs1.22 trillion in direct taxes in 2024
Auto assemblers lead with a 62% rise in tax contributions, followed by fertilisers at 19%, investment banks at 15%, commercial banks at 12%, textiles at 10%, and cement at 9%
Mar 18, 2025
HeadlinesSolar industry faces uncertainty, prices drop following amendments to net metering policy
Pakistan Solar Association warns that new regulations could harm the solar industry, especially impacting the residential and SME sectors
Mar 18, 2025
HeadlinesIMF allows govt to borrow Rs1.25trn from banks to cut circular debt: report
Govt will impose a Rs3/unit debt servicing surcharge on electricity bills to repay these loans
Mar 18, 2025
HeadlinesTrust deficit cited as cause for delay in staff-level agreement with IMF
Fund presses Pakistan on budget reforms, energy sector overhauls, and privatisation plans as the country faces a massive revenue shortfall in fiscal year 2024-25
Mar 18, 2025
HeadlinesCustoms Directorate revises import values for 104 branded chocolates
New valuation ruling to impact duties and taxes on a range of imported chocolate brands
Mar 18, 2025
HeadlinesPort Qasim Power Plant warns of suspension due to delayed payments of Rs93.5 billion
Outstanding dues of Rs 300 billion remain a major issue for CPEC power projects as shareholders from China and Qatar expressed frustration over the prolonged delays
Mar 18, 2025
HeadlinesSeven Independent Power Producers seek tariff cuts under new agreements
Nepra accepts joint tariff reduction application from Nishat Chunian Power, Nishat Power Limited, Narowal Energy, Liberty Power Tech, Engro Powergen Qadirpur, Saphire Electric Power, and Saif Power
Mar 18, 2025
HeadlinesMinistry of Finance denies reports on FinMin's statement about salary, pension revisions
Clarification issued after media misreports Finance Minister’s comments on upcoming government employee benefits
Mar 17, 2025
HeadlinesNHA's debt reaches Rs3.1tr as financial strain intensifies: report
Government-backed loans and rising costs add pressure to fiscal stability
Mar 17, 2025
HeadlinesGovt set to cut power tariff as IPP contract revisions yield Rs1.4tr savings, says power minister
No tax on electricity exported by rooftop solar users, but 18% GST applies to grid consumption, clarifies Awais Leghari
Mar 17, 2025