Govt to present FY21 budget on June 12
ISLAMABAD: The federal government will present the federal budget for financial year 2020-21 before the National Assembly on June 12, sources said...
Forensic probe accuses major sugar mills of market manipulation, fraud
–Shahzad Akbar says sugar mills operating like 'cartels', six major groups control 51pc supply
–JDW among mills accused of underreporting sales; Tareen denies...
ECC approves country’s first Mobile Device Manufacturing Policy
--Policy includes removal of regulatory duty, fixed sales tax on CKD/SKD manufacturing by PTA-approved manufactures
--Locally manufactured phones to be exempted from 4pc...
‘Construction industry package to help uplift real estate sector’
ISLAMABAD: President Dr Arif Alvi said on Thursday that the government’s recently announced incentive package for the construction industry would also help...
Govt to utilise Rs 10b from PM’s Covid-19 fund for interest payment
ISLAMABAD: In a shocking move, Prime Minister Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) government has allowed to divert Rs10 billion from the PM’s...
Coronavirus: UK inflation dives on oil-price crash
LONDON: British inflation hit a near four-year low in April as oil prices crashed, official data showed Wednesday, with the rate set...
Khyber Pakhtunkhwa slashes uplift budget by 50 per cent
PESHAWAR:Â The Khyber Pakhtunkhwa government has slashed the developmental budget by 50 per cent for the ongoing financial year due to the coronavirus-induced...
SBP raises Rs167.3bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs167.3 billion through T-bills, against the auction target of...
‘Govt committed to realising country’s transshipment potential’
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Wednesday that the government can play a role...
PM Imran seeks debt relief to pump money into health sector
–PM says several developing countries don’t have fiscal space to strengthen healthcare system due to debt-servicing
–Says govt decided to ease lockdown due to...
US lauded for supporting Pakistan on FATF, Covid-19, G-20 debt relief
Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that Pakistan appreciates the support extended by the...
124 MoF officers promoted to grade-18
ISLAMABAD: The Ministry of Finance on Wednesday promoted 124 accounts' officers to grade 18.
According to sources, a meeting was held under the...
‘Trade officers to be tasked to secure investments for FIEDMC’
Dawood says govt chalking out 'comprehensive solutions' to ensure sustainable economic growth in wake of Covid-19
PM says 70pc sukuk oversubscription shows strong market confidence
ISLAMABAD: Prime Minister Imran Khan on Wednesday said oversubscription of sukuk by 70pc was reflective of "strong market confidence in the government's...
SECP Appellate Bench to conduct online hearings to facilitate companies
ISLAMABAD: In order to facilitate companies and ensure health and safety of all concerned, the Security and Exchange Commission of Pakistan (SECP)...