HeadlinesGang exploits FBR vulnerability, defrauds Rs 81 billion
Substantial losses to the public exchequer highlight the urgent need for targeted measures against tax fraud in dormant accounts.
Oct 8, 2024
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HeadlinesDelay in Pakistan's debt restructuring plan creates $1 billion fiscal gap
This delay and gap can be attributed to the lack of readiness to issue Pakistani Sovereign bonds competitively on international markets.
Oct 8, 2024
HeadlinesPakistan to sign deals worth $2 billion with Saudi Arabia, says PM Shehbaz
A high-level Saudi delegation is expected to visit Pakistan before SCO summit, PM tells cabinet
Oct 8, 2024
HeadlinesPakistan, China to restructure $16bn in CPEC power debt during PM Li Qiang's visit
Agreements to include a five-year repayment extension and three-year payment moratorium, aiming to stabilize electricity tariffs
Oct 8, 2024
HeadlinesFour IPPs initiate termination of power deals
Consumers can see up to Rs7/unit reduction in tariffs after successful renegotiations of deals, says Power Minister
Oct 8, 2024
HeadlinesGovt denies subsidy on sugar exports to Tajikistan, approves 40,000MT deal
Millers warned their export privileges could be revoked if they fail to pay dues to sugarcane growers
Oct 8, 2024
HeadlinesRegal Automobiles launches Pakistan's first electric SUV
Seres 3 SUV, featuring two battery options, set for production launch in December as part of the country’s electric vehicle revolution.
Oct 8, 2024
HeadlinesPakistan set to lift decade-old ban on livestock exports
Food Ministry submits proposal to federal cabinet to revoke the 2009 decision as Gulf nations show strong interest in import of live sheep and goats
Oct 7, 2024
HeadlinesPM orders inclusion of $8bn Diamer Bhasha project in CPEC framework
Foreign financing and project delays under review as PowerChina bids for key contracts
Oct 7, 2024
HeadlinesCentre, provinces sign comprehensive fiscal pact to align with IMF’s requirements
Pact targets a variety of fiscal responsibilities, ranging from tax reforms to strategic spending adjustments
Oct 5, 2024
HeadlinesGovt mulls change in timing of electricity tariff rebasing to Jan 1
Shift aims to ease financial impact on consumers during peak Summer usage
Oct 5, 2024
HeadlinesPR to construct 105km rail line connecting Thar Coal mines to Port Qasim
Scheduled for completion by October 2025, the project will facilitate coal transportation across Pakistan
Oct 5, 2024