Renewable energy projects devoid of transmission lines
Officials believe that the existing transmission system didn’t have the proficiency to provide electricity from the new renewable plants
Pakistan has plugged half of its financing gap for current financial year
According to the sources, Pakistan had fetched $450 million worth of foreign commercial loans during July-November of FY19 and another $4 billion was required for the remainder of the current financial year
Govt mulling reducing withholding tax rates on banking transactions: Report
In several documents, the government admitted the levying of withholding tax is a huge obstacle to the growth of the banking sector
BankIslami lost $6m within 23 minutes in cyber attack
Finance Minister Asad Umar says according to SBP, no other bank had reported hacking of customers' data
8th JCC on CPEC concludes in Beijing with MoUs in agriculture, industry
An official statement by the planning ministry claimed that the 8th JCC has set new targets for Pak-China cooperation, leading CPEC towards becoming a true economic corridor.
Govt gave Rs20bn subsidy in petroleum prices, NA told
Ghulam Sarwar Khan said Oil and Gas Regulatory Authority’s (OGRA) notified price of LPG for domestic and commercial consumers for this month is Rs1,338.78 for 11.8 kg cylinder.
Finance Division issues budget call circular
The budget call circular is issued every year to all federal ministries and departments wherein the Finance Division calls upon them to initiate the budget-making process.
Advisor to PM Abdul Razak Dawood lauds PFC for holding “Interiors Pakistan” exhibition
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood Friday felicitated PFC Chief Executive Mian Kashif Ashfaq for conducting ten consecutive 'Interiors Pakistan' exhibitions successfully across the country to promote local furniture sector.
Shozib Ali PTI’s favourite for SECP top slot
Sources said that Prime Minister Imran Khan will choose a name among the three candidates who will become the next chairman and will perform his responsibilities.
Market Daily: Indices swing wild, KSE 100 down 0.15 per cent WoW
Friday started with KSE 100 index touching its intraday low of 37,845.42 after losing 391.10 points.
Finance Division clarifies news about current account deficit
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.
Legal cigarette sales decline 7.4% in 2017: Oxford Economics
According to the report, actual government revenues were estimated to have increased by 8.3 per cent in fiscal year 2017/18, underpinned by an acceleration in legal domestic sales, which rose by an estimated 73.9% over the same period
First SEZ to start commercial operation by first quarter of 2019: Khusro Bakhtiar
The two sides also are exploring the possibility to expedite the growth of the manufacturing sector in Pakistan, said the minister
Rs20 billion subsidy provided in petroleum prices since govt came into power: Petroleum minister
Mr Khan stated gas worth Rs45 billion was unaccounted for in the last five years due to pilferage and leakage
Purchasing power wanes as rupee depreciation stings consumers and businesses
The rupee's depreciation has impacted consumer appetite and contributed to restaurants profit margins being squeezed as they attract fewer customers