HeadlinesSpecial audit ordered on wheat procurement scandal causing Rs300bn loss
Auditor General of Pakistan launches investigation into wheat import mismanagement
Sep 5, 2024
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Headlines
HeadlinesPakistan request $1bn credit line from Standard Chartered to bridge financing gap: report
SCB has agreed in principle to resume its credit line for Pakistan, confirm sources
Sep 5, 2024
World Business NewsIndia, Singapore sign key MoU in semiconductors, digital technologies
Both countries will cooperate in developing a semiconductor cluster and cultivating talent in semiconductor design and manufacturing
Sep 5, 2024
HeadlinesPower distribution companies' unpaid bills surpass Rs2.56 trillion
Federal government has outstanding dues of Rs47.81 billion, while provincial governments collectively owe Rs1.51 trillion to 12 DISCOs
Sep 5, 2024
HeadlinesGovt shares 12 development projects for co-financing with European Investment Bank
EIB explores collaboration on key infrastructure, energy, and water projects
Sep 5, 2024
HeadlinesIMF bars Pakistan from setting support prices for key crops
Condition part of $7bn loan, provinces to phase out price controls by 2026
Sep 5, 2024
HeadlinesPPMA strongly refutes allegations against quality of Pakistani medicines
Pharmaceutical body defends industry standards, warns against harmful impact on exports and national reputation
Sep 4, 2024
HeadlinesCotton production plummets 60% in Punjab and Sindh, alarming textile sector
Severe decline forces industry to rely on costly imports, compounding pressure on foreign exchange reserves
Sep 4, 2024
HeadlinesFinMin urges unified action as traders resist tax reforms
Aurangzeb calls for increased tax-to-GDP ratio amidst pushback on FBR’s Tajir Dost scheme
Sep 3, 2024
HeadlinesGovt approves creation of new cyber crimes investigation agency
New agency to address FIA's limitations; existing cases to remain under FIA jurisdiction
Sep 3, 2024
HeadlinesIMF imposes strict conditions on Pakistan after Punjab's electricity subsidy move
New restrictions could impact provincial fiscal autonomy and solar panel distribution plans
Sep 3, 2024
HeadlinesPTA receives five proposals for 5G spectrum auction
Auction process expected to conclude by March 2025 amid industry concerns and internal disagreements within the government
Sep 3, 2024