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EconomyThe overall release of funds during the 1st quarter amounted to Rs94.1 billion which included Rs63 billion of rupee component, Rs30.66 billion in foreign exchange and stood at 14 5 of the revised PSDP, said the secretary
EconomyThe ECC was informed that the terminals were established on the main PQA channel in violation of the authority’s recommendation, which contributed to congestion on all anchorages
EconomyAccording to the Ministry of Industries and Production, in spite of the high cost of production and higher taxes, the prices of cement in Pakistan were lower than those in India and Sri Lanka
EconomyIMF has recommended bolstering revenue collection at the import stage because of 26% depreciation of the rupee since January 2018 and imminent depreciation under its programme
HeadlinesThe recently announced Liberty Air won’t operate as a commercial airline owned by ex-Naib Nazim Amir Mehmood
EconomyAccording to the audit report, the state-owned airline couldn’t continue as a going concern without the assistance of the government since it had accumulated a loss of Rs361 billion till December last year
HeadlinesBankIslami admitted that a major amount had been transferred from it by the hackers based in 45 countries
EconomyIMF delegation asked authorities to undertake further revisions to the Nepra Act to ensure automatic notification of quarterly, annual and multi-year tariffs ascertained by the regulator on the lines of monthly fuel price adjustment announced directly by Nepra
EconomyThe solitary nomination is said to have been received from KP and rest of the provinces including Punjab, Sindh and Balochistan have failed to forward their nominations for non-statutory (technical expert) members to the NFC.
EconomySindh's Minister for Excise and Taxation Mukesh Kumar Chawla extended his gratitude to the media for advertising the campaign
EconomyAs per data accumulated by the central bank, the export of IT and related services rose to $1.067 billion in FY18 against $939 million in FY17, posting a 13% increase
EconomyThe commission was seeking the board’s go-ahead for hiring financial advisers for the privatisation of two LNG-fired power plants namely 1,230-megawatt Haveli Bahadur Shah and 1,233MW Balloki