IPR says business as usual for the economy

ISLAMABAD: The Institute for Policy Reforms (IPR) on Friday observed that while the economy’s real sector is buoyant, its fundamentals are "still...

Budget 2018-19: Government will borrow $11.6 billion from external sources in next fiscal year

The Federal government will borrow $11.6 billion from external sources in the next fiscal year 2018-19.

Budget 2018-19: Govt to bag Rs1,118 billion as external loans, grants

In the 2018-2019 budget, the government of Pakistan with its aim and objective to ‘promote economic and social development’ eyes to bag Rs1,118 billion from various lending agencies and countries.

Rana Afzal elected chairman of NA body on energy

ISLAMABAD: The National Assembly Standing Committee on Energy on Friday unanimously elected MNA Rana Afzal as its chairman. The NA body met in...

Budget 2018-19: Govt allocates Rs 802 million for Climate Change Division

According to budgetary documents, total Rs802.69 million is earmarked for Climate Change Division. Out of the total amount, Rs766.69 million is for ongoing schemes and projects, meanwhile, Rs36 million has been allocated for new schemes during FY 2018-19.

Budget 2018-19: KCCI members appreciate business friendly, ‘political’ budget

KARACHI: The federal government of Pakistan, through its State Minister and Advisor to the Prime Minister on Finance, Miftah Ismail presented its 6th budget...

Budget 2018-19: Govt estimates Rs147,746mn for subsidies on power, textile, water

ISLAMABAD: The government has estimated Rs147,604 million worth subsidies for power, food, textile, water, construction of small dams during the financial year...

Budget 2018-19: Pakistan Nuclear Regulatory Authority to receive Rs300mn

The government has earmarked Rs300 million for two ongoing and one new project of Pakistan Nuclear Regulatory Authority (PNRA) for the fiscal year 2018-19 under the Public Sector Development Programme (PSDP).

Budget 2018-19: Govt earmarks Rs72,255mn for power division projects

According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.

ECC approves incentive package to start deep conversion oil refinery projects

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a landmark incentive package for setting up new state-of-the-art 'Deep Conversion Oil...

Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19

The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent

Economic Survey 2017-18: Foreign investors divested securities worth $123.9 million

Capital market exhibited signs of volatility during the period of July-March of FY 2017-18

Matiari-Lahore transmission line financial close date extended to December 2018

Project faces three year delay, to be operational by March 2021

Economic Survey 2017-18: Agriculture sector records growth of 3.81 percent

Rice, sugarcane considered amongst the notable Kharif crops outstripped their production targets in 2017-18 by posting growth of 7.45 percent and 8.65 percent respectively

Economic Survey 2017-18: Telecom sector revenues touched Rs235.5 billion in FY 2017-18

Until the end of February 2018, Pakistan’s total mobile broadband subscribers stood at 53.5 million.