CM Murad unveils Sindh budget with an outlay of Rs1.24tr 

--Rs23bn earmarked for education, Rs28bn for health and Rs5bn for Covid-19 prevention  --CM says no new tax will be introduced in FY21; announces...

SBP calls for sustainable, market-led financing of housing projects

KARACHI: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir called a meeting of major banks on Wednesday to discuss sustainable...

Fearing food emergency, govt imposes Essential Services Act on utility stores

--Move to ensure union activities remain subdued and there are no strike calls during Covid-19 --USC Union chief says govt's decision is 'tantamount...

SBP raises Rs186.8bn from T-bill, PIB auctions

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised a collective amount of Rs186.8 billion from the auction...

Govt set to take action against increase in price of wheat, flour

ISLAMABAD: The federal government on Tuesday has resolved to take all possible measures to control the price of wheat and flour and overcome...

KP govt expected to present a budget deficit of Rs60bn

PESHAWAR: The Khyber Pakhtunkhwa (KP) government is likely to present a budget deficit of Rs60 billion due to non-payment of its dues...
ECC meeting

ECC approves Rs100m grant for locust control in Punjab

Committee okays Rs500m for media campaign on Covid-19; Rs4.5bn for capacity building of civil armed forces

No compromise on development despite Covid-19 challenges, says Punjab finance minister

Hashim Jawan says govt will ensure private sector's involvement in development projects; vows Rs56bn tax relief for business community in FY21
CCP

MoF shortlists nine candidates for appointment as CCP members 

ISLAMABAD: The Ministry of Finance (MoF) has shortlisted nine candidates for the membership of Competition Commission of Pakistan (CCP) and will present...

Senate body approves free air travel privilege for parliamentarians’ families

The privilege, which was earlier restricted to parliamentarians only, includes free access to 25 business class air tickets, besides annual travel vouchers worth Rs300,000

Massive hike in gas tariff on the cards

SNGPL seeks Rs622 per mmbtu hike, while SSGC wants Rs85 per mmbtu increase in gas price to meet FY21 revenue requirements
ECC meeting

Locust control among nine items on ECC’s agenda 

ECC likely to allocate funds for media campaigns on Covid-19

Groundbreaking of ML-I project likely in March next year

Govt has earmarked Rs6bn for ML-1 project under PSDP 2020-21

Financial sector expanded 11.7pc in 2019: SBP

SBP issues Financial Stability Review CY19, notes increase in forex reserves, stabilisation in market-based exchange rate and contraction in fiscal deficit

No cash rewards for employees in FY21, FBR says  

ISLAMABAD: The Federal Board of Revenue (FBR) has changed its plan of giving cash reward/honoraria to its employees.  This was informed by the...