HEADLINES
HEADLINES
Most of FY21 budget was spent on debt, interest payments: AGP
ISLAMABAD: Pakistan spent Rs18,486.19 billion out of the Rs21,837.24 billion of its total budget in fiscal year 2020-21 (FY21) to repay debt and interest...
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OGDCL to probe former GM for maligning current MD in Uch project contract
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has decided to launch an investigation against its former general manager (GM) for maligning the...
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Miftah pushes for quick completion of WB initiatives
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail urged for fast-tracking the progress of all the World Bank’s initiatives in Pakistan and directed...
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Saudi Arabia rolls over $3bn deposits for one year
The Saudi Fund for Development (SFD) on Sunday confirmed the rollover of a $3 billion deposit for Pakistan, which will mature on December 5,...
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President orders CDNS to pay correct profits on certificates
ISLAMABAD: President Dr Arif Alvi has directed the Central Directorate of National Savings (CDNS) to pay profit on Special Saving Certificates (SSCs) as per...
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DISCOs again seek power price hike under FCA of August
ISLAMABAD: The power tariff is again likely to be increased as the Central Power Purchasing Agency (CPPA) has filed an application with NEPRA seeking...
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Auto parts manufacturers ask govt to increase import quota
LAHORE: Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have jointly written a letter to State Bank...
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OGRA releases annual report for FY21
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday released its annual report for the fiscal year 2020-21, stating that it continued allowing...
