ECC allows PLL to execute proposed agreement with Azerbaijan Republic’s (SOCAR) trading

PLL to secure long term LNG supply contracts, under the framework

How a govt department has operated on ‘makeshift’ basis for over a decade

In a shocking revelation uncovered during a seemingly normal session of the Islamabad High Court (IHC), it has come to light that...

Govt seeks power from Parliament to increase PDL beyond Rs50 per litre

Senate’s Standing Committee on Finance approves the increase in the monetary limit of foreign remittance to $100,000
Ministry of Finance

Pakistan to make debt payments to Paris Club, other Lenders in time, says Aisha Pasha

Talks with the IMF on track. No amnesty for overseas Pakistanis, in the budget. -State Minister.

Massive closure, job losses loom as APTMA demands competitive energy tariff 

APTMA Chairman warned that withdrawing the RCET would lead to a loss of $10bn in exports annually

Why did FINCA and Apna MFB decide to kill a merger plan between the two? 

Due diligence revealed that the merger might not be beneficial for the organisation nor its customers

Federal cabinet approves new appointments for Ignite Company’s board

The Federal Cabinet, through circulation of summary, has granted its approval for the appointment of Directors on Ignite Company's board. Ignite-National Technology Fund...

Powering ahead: Govt boosts subsidy allocation to address energy sector challenges in FY2023-24

The power sector has emerged as a major beneficiary, receiving a substantial portion of the subsidy allocation. 

The Finance Minister who cried Wolf

It is becoming harder and harder to believe Mr Dar’s claims given his history of being wrong. 

Dar tries balancing act with Rs14.5tr budget

Budget presented is not an “election budget", Dar

Decoding the budget: A simple question of revenue and expenditure

The Government of Pakistan has presented its proposed budget for the Fiscal Year of 2023-24 on Friday 9th of June. The budget...

Despite ticking pension bomb, govt increases annuity for federal employees by 17.5% 

Development of a pension fund with Rs10bn in plans

Education sector receives marginal budget boost for 2023-24

The government's allocation of Rs. 97.098 billion for Education Affairs and Services in the federal budget for the fiscal year 2023-24 has...

In significant increase, govt sets Rs 1.14 trillion development budget with priority given to ‘populist’ ‘projects

Overall increase in PSDP marks govt trying to shore up support in an election year. But how will IMF react to this increased expenditure?

Pakistan’s economy grew only 0.29pc in FY22-23 

Dar unveils the Economic Survey of Pakistan a day before the budget, presenting a bleak picture of the economy.Â