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EconomyAPTMA patron-in-chief said Mr Umar had committed to keeping prices at the promised level and the government would find a solution by either providing a subsidy from the budget or cross-subsidizing the industries.
EconomyAfter the conclusion of the hearing, an official said the additional impact of the prior year adjustment (PYA) for FY18 taking PPP difference into consideration was coming out of the rising net hydel profit to the provinces
EconomyHe dismissed the speculation that the newly installed government had shut off the IMF window permanently and said the government was considering every option to manage the external sector vulnerabilities
EconomyAs per data released by SBP, commercial bank holdings in government securities posted a slight increase, touching Rs7.372 trillion at end of June 2018 against Rs7.363 trillion in the same period of last year
EconomyAccording to an initial analysis of data, it is projected water shortfall would stand between 35-45 percent during the upcoming Rabi season 2018-19
EconomyAn official from the EDB said the newly installed government was interested in including the EDB in engineering focus areas with an aim to bring in latest technologies
EconomyEAC was told the government would devise its policy options to manage the fiscal and external sector challenges by the start of October, officials said
EconomyThe government had projected overall foreign assistance for FY19 to be around $9.6 billion compared to $11.486 billion in FY18
EconomyAccording to Ogra law, the regulator is required to revise gas prices bi-annually to be notified on the first of July and January and local gas prices are linked to global oil prices
EconomyTwo more SEZs have been recommended to be established, one is the Dhabeji SEZ which comes under China-Pakistan Economic Corridor (CPEC) and will be setup over 1,500 acres land and the other is a 300-acre Marble City
EconomyThis plan was put forth before the Prime Minister Imran Khan by the Ministry of Energy (Petroleum Division) in a meeting on Tuesday
EconomyThe provisional and federal finance ministers are statutory members of the NFC and every provincial government can appoint one non-statutory member to it