Cash-strapped govt increases salary, allowances and additional privileges of parliamentarians

Rs1300 crores set aside for 450 parliamentarians in FY24 budget

Finance Ministry orders halt to executive allowance for AGP officers

Order cites non-compliance with eligibility criteria outlined by Finance Division's office memorandum

Russia denies granting ‘special’ oil discount to Pakistan

PM Shehbaz had announced arrival, unloading of first Russian discounted crude oil cargo last week

Abbasi quits ECC over Azerbaijan LNG Deal

The resignation is part of a prolonged process by which Abbasi has slowly been parting ways with the PML-N. 

Pakistan seeks roll over of existing $1b, pursues additional $300m from Bank of China

Senate committee concludes deliberations on Finance Bill, makes recommendations for finalization

Privatisation Commission approves Rs124.9 crores for fiscal year 2023-24 

Commission to present policy proposals to the federal government, regarding the privatisation of state-owned enterprises

IMF shows concerns over next year’s tax target and mounting expenditures

APTMA, steel manufacturers and juice companies express grievances over the federal budget

How a govt department has operated on ‘makeshift’ basis for over a decade

In a shocking revelation uncovered during a seemingly normal session of the Islamabad High Court (IHC), it has come to light that...

Govt seeks power from Parliament to increase PDL beyond Rs50 per litre

Senate’s Standing Committee on Finance approves the increase in the monetary limit of foreign remittance to $100,000
Ministry of Finance

Pakistan to make debt payments to Paris Club, other Lenders in time, says Aisha Pasha

Talks with the IMF on track. No amnesty for overseas Pakistanis, in the budget. -State Minister.

Federal cabinet approves new appointments for Ignite Company’s board

The Federal Cabinet, through circulation of summary, has granted its approval for the appointment of Directors on Ignite Company's board. Ignite-National Technology Fund...

Shehbaz optimistic about IMF deal amidst economic hardship

Bloomberg cites Fitch Ratings stating that further devaluation of Pakistani rupee unlikely due to subsiding pressure, stable reserves

NTDC board terminates employment agreement of Manzoor Ahmad as DMD

Board of Directors resolved to terminate Manzoor Ahmad's services without cause

Budget season in full swing in Islamabad as govt scrambles for public’s support 

Prime Minister calls high-level meeting to discuss relief measures for the public with a tight budget on the cards

Pakistan ‘very hopeful’ of sealing IMF deal this month: PM Shehbaz

In total, about $2.7bn are left to be disbursed from the package, which is scheduled to expire this month