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Pakistan sign ‘Debt Service Suspension Agreements’ of $197.49m
ISLAMABAD: Pakistan has signed two ‘Debt Service Suspension Agreements’ amounting to suspension of loans worth USD 197.49 million, under the...
World Bank signs agreement of $85m for PHFP
ISLAMABAD: Pakistan and the World Bank (WB) signed the agreement worth of US$ 85 million for a house finance project...
Miftah assures Japanese companies to resolve their issues
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail assured Japanese companies to resolve their issues on urgent basis for...
Govt increases petrol price by Rs24.03 per litre
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail has said the government had decided to withdraw subsidies from the petroleum...
Salient features of Punjab budget for 2022-23
LAHORE: The Punjab government presented budget for financial year (FY) 2022-23 with a total outlay of Rs3,226 billion in the...
Punjab govt unveils Rs3.226 trillion budget
LAHORE: The Punjab government on Wednesday presented the budget for the fiscal year 2022-23 after considerable delay but at a...
Banks urged to leverage SBP’s recent initiatives to boost agriculture financing
KARACHI: Deputy Governor State Bank of Pakistan (SBP), Ms. Sima Kamil, chaired the Quarterly Follow-up Meeting of Agricultural Credit Advisory...
Gas supply to CNG sector can reduce circular debt by Rs1,500b per annum: Ghiyas Paracha
LAHORE: The Compressed Natural Gas (CNG) industry can reduce the rising circular debt by Rs1,500 billion per annum only if...
Sindh CM presents Rs1.71tr budget for 2022-23
KARACHI: Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Finance Minister, on Tuesday presented the...
Tractor production surges 13.20pc, reaches 51,730 units during July-May
ISLAMABAD: The production of farm tractors in the country witnessed an increase of 13.20 percent reaching 51,730 units during the...
Senate Finance Committee okays fixed tax regime for small traders
ISLAMABAD: Senate Standing Committee on Finance, Revenue and Economic Affairs has approved a fixed tax regime for small traders. The...
SHC directs sugar mills to deposit 50pc penalty in cartelization case
KARACHI: The Sindh High Court (SHC) has directed the Pakistan Sugar Mills Association and 26 other sugar mills to deposit...
10 shiploads of edible oil from Indonesia, Malaysia to arrive Pakistan
KARACHI: Pakistan asked Indonesia to resume palm oil supply to Pakistan and Indonesian assured Pakistan to restore palm oil as...
Budget deficit big challenge for govt: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue, Miftah Ismail has said that dealing with budget deficit is a big challenge...
National Bank of Pakistan wins terror financing case in New York court: sources
ISLAMABAD: Pakistan has won a terror-financing case filed against the National Bank of Pakistan (NBP) in New York’s federal court,...
KP govt unveils Rs1.33tr budget for FY 2022-23
PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Saleem Jhagra presented the provincial budget for FY 2022-23 with a total outlay...
Punjab govt approves development budget of Rs685bn
LAHORE: The Punjab government has approved a development budget of Rs685 billion for the upcoming fiscal year 2022-23 for different...
President asks taxpayers to approach FTO for cost-free, speedy justice
ISLAMABAD: President Dr Arif Alvi on Monday urged the taxpayers and business community to approach the office of the Federal...
ECC extends relief package, approves infrastructure projects, supplementary grants
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved extension in the Prime Minister’s Relief Package...
Pakistan, ADB discuss Country Partnership Strategy
ISLAMABAD: Director General, Asian Development Bank (ADB), Eugene Zhukov apprised the Federal Minister for Finance and Revenue, Miftah Ismail about...
