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POL import bill surges 95pc to $17bn in 10 months

The imports of overall petroleum group witnessed an increase of 95.84 per cent during the first ten months of the current fiscal year (2021-22)...

Govt working on plan worth Rs300bn to solve issue of oil prices

The federal government has formulated a new plan worth Rs300 billion to solve the issue of prices of petroleum products (POL) and declared that...

Govt to take measures in keeping Pak rupee stable

Federal Minster for Finance and Revenue Miftah Ismail has said that government is committed to take all possible measures to keep Pak rupee vis-à-vis...

TPI system for development projects worth more than Rs10bn

The Government of Pakistan has chosen to implement a Third-Party Inspection (TPI) system for development projects worth more than Rs10 billion to enhance project...

LSMI grows 7pc in 3 quarters, 26.9pc in March 2022

The Large Scale Manufacturing Industries (LSMI) production grew by 7 per cent during the first three quarters of the current fiscal year (2021-22) as...

OCAC asks reimbursement of PDC to avoid disruption in fuel supply

The Oil Companies Advisory Council (OCAC) has asked the Petroleum Division to reimburse billions of rupees worth Price Differential Claims (PDC) of Oil Marketing...

Elected representatives can better run the economy, says Qaisar Ahmad Sheikh

Pakistan Muslim League Nawaz leader Qaisar Ahmad Shiekh has said that elected representatives can better run the economy than the amateur finance minister Miftah...

Talks on program resumption to begin from May 18, says IMF

The government of Pakistan will begin a crucial round of talks with the International Monetary Fund on May 18th. The talks will be held...
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