Cabinet approves conditional supply of subsidised gas to CPPs
ISLAMABAD:Â The federal cabinet, while approving the supply of Rs25 billion worth subsidised gas to export-oriented industry, has imposed a ban on captive...
‘Sin tax’ to increase cigarette pack price by Rs10
The federal government is intending to generate more than Rs70 billion every year from the imposition of ‘sin tax.’
The health ministry has...
Govt pays $10.038m as commitment charges for not utilising loans
ISLAMABAD:Â The government paid $10.038 million as commitment charges to multilateral institutions for not utilising the sanctioned loans earmarked for different projects during...
Govt to appoint professional board of directors in SPL
Seven directors will be chosen from the private sector with PM being head of the board
ISLAMABAD:Â The government has decided to appoint a...
‘Railways earned record Rs453m in first week of Dec’
Sh Rasheed says the department saved 650,000-litre fuel despite starting 20 new trains in three months
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad said...
Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
UK urged to help Pakistan tackle money laundering
LONDON:Â Information Minister Chaudhry Fawad Hussain urged the United Kingdom to work in collaboration with Pakistan to eliminate the scourge of money laundering.
He...
PM Imran won’t change economic team, Haq claims
PM’s Special Assistant on Political Affairs Naeemul Haq on Thursday claimed that no member of the government’s economic team, including Finance Minister...
Payment of Rs7.7m in salaries to suspended SECP chairman irks AG
Sources claim that the commission paid Zafar Hijazi on the directions of former finance minister Ishaq Dar
KARACHI:Â The auditors of the Auditor...
Govt to cut down its expenses by 10pc
In line with the government’s austerity drive, the finance ministry on Tuesday issued a notification announcing a ban on new postings and...
15 national institutions deleted from privatisation list, Senate body told
ISLAMABAD: The Senate’s Standing Committee on Privatisation was informed that 15 national institutions have been deleted from the privatisation list while eight have...
Pakistan, Iran discuss measures to achieve $5bn trade target
ISLAMABAD:Â Pakistan and Iran have agreed to hold the 21st session of the Joint Economic Commission (JEC) early next year with an aim...
Govt not involved in rupee devaluation: PM
Prime minister says he found out about the dollar hike through television
Prime Minister Imran Khan said on Monday that the State...
PM lauds Power Minister Omar Ayub over steps against power theft
Prime Minister Imran Khan on Saturday congratulated Minister for Power Division Omar Ayub Khan and his ministry for taking steps against power...
Pakistan Railways’ 100-day mission accomplished: Sh Rasheed
‘PR has earned Rs2 billion in last four months’
LAHORE:Â Railways Minister Sheikh Rasheed Ahmed on Saturday said that his ministry fulfilled the promise...