Government committed to protecting, promoting local industry: Haroon

ISLAMABAD: Special Assistant to Prime Minister on Revenue Federal Minister Haroon Akhtar Khan has said that the government is committed to protecting and...

Rs 6 billion 3rd quarter installment released for AJK PSDP

MUZAFFARABAD: Federal government has released an amount of Rs 6 billion as the third-quarter instalment for Azad Jummu and Kashmir government for its...

Government releases Rs 357.507 billion under PSDP

ISLAMABAD: The federal government which announced over a trillion rupees worth development budget last year, has only released Rs 357.507 billion under its...

NAB sends notices to defaulting buyers in privatisation of 14 companies

ISLAMABAD: Privatisation Commission (PC) has informed that National Accountability Bureau (NAB) has issued final notices to defaulting buyers of various organisations under...

WB meets BoI, reforms under discussion

ISLAMABAD: A delegation of the World Bank (WB) met with Board of Investment (BoI) Chairman Naeem Zamindar here on January 25, 2018,...

7th NFC Award fails to give any policy in devolution of fiscal resources: IMF report

ISLAMABAD: The 7th National Finance Commission (NFC) Award has become redundant as it has failed to give any policy in terms of devolution...

Trade bodies meet Federal Minister Haroon Akhtar to mull budget proposals

ISLAMABAD: Office-bearers and representatives of various trade associations met Special Assistant to Prime Minister (PM) on Revenue and Federal Minister Haroon Akhtar Khan,...

Provinces working as a team for CPEC: Ahsan Iqbal

ISLAMABAD: Minister for Interior and Planning, Development and Reform Ahsan Iqbal has said that the broad consensus amongst the provinces has provided an...

WAPDA chairman discusses financing for WAPDA projects with French ambassador

LAHORE: The Pakistan Water and Power Development Authority (WAPDA) Chairman Lieutenant General (retd) Muzammil Hussain today called on the French Ambassador to Pakistan...

SBP increases discount rate by 25bps to 6 per cent after 19 months

KARACHI: The State Bank of Pakistan (SBP) governor, on Friday, increased the discount rate by 25 basis points to 6 per cent after...

PAC asks AGP to hold inquiry into purchase of expensive electricity

ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah, on Tuesday, directed the Auditor General of Pakistan (AGP) to hold an inquiry for fixing...

NA panel directs FBR to take revenue enhancing measures

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...

Government pursuing business friendly environment: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an...

China considers Pakistan most important partner in foreign policy: Parliamentary body told

ISLAMABAD: Parliamentary Committee on China Pakistan Economic Corridor (CPEC) was informed here on Monday that China considers Pakistan the most important partner in its foreign...

SAI Pakistan keen to work with WB to introduce audit reforms: AGP

ISLAMABAD: The Supreme Audit Institution (SAI) is keen to work with World Bank (WB) and other stakeholders for introducing and implementing reforms...