Saudi fund to provide $16mn in grants for infrastructure, health, education
ISLAMABAD: The Saudi Fund for Development (SFD) will provide $16 million in grants to Pakistan in infrastructure, health and education sectors.
Officials informed that...
Pakistan, Russia sign $10bn energy deal
ISLAMABAD: Pakistan and Russia have formally signed a Memorandum of Understanding (MoU) on Thursday in Moscow for the construction of an offshore gas...
Rs1.16 increase in electricity prices approved
CPPA had initially requested a Rs1.50 increase in electricity prices
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved an increase...
China says plots to disrupt ties with Pakistan will fail
China has pledged $57 billion to build power stations, major highways, new railways and high capacity ports along the China-Pakistan Economic Corridor
Pakistan, Russia set to sign $10bn gas pipeline deal
The pipeline will be completed in three to four years
In a major breakthrough, Pakistan and Russia will sign a $10 billion offshore...
What is the PTI’s energy game plan?
How having a former hydrocarbon company CEO as finance minister will shape the government’s approach to Pakistan’s biggest economic challenge
On the budget, Asad Umar capitulates to the Q-Block babus
Asad Umar's lack of preparation on matters of taxation and finance have allowed the civil service to push for a rollback of necessary reforms
Govt’s tax collection can go through the roof
From an academic to leading Punjab’s digital revolution, PITB Chairman Umar Saif has overseen the largest land record digitisation in Pakistan in an effort to not just end corruption and land grabbing but in a bid to promote land as a liquid asset
Al-Futtaim Group to invest $230m in Pakistan’s automobile sector
-- Technology-oriented cars of Al Futtaim-Renault are expected to hit the roads in 2020
ISLAMABAD: Al-Futtaim Group, a large conglomerate operating in the United Arab...
Govt’s housing dream to cost Rs2tr yearly
-- Cost can further jump if prices of land and other services are included
ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) government plans to launch...
Govt to pay back Rs50bln in circular debt
-- Phase-wise payment will begin from Monday after Ashura holidays
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government on Thursday decided to immediately pay back Rs50...
NAB starts graft probe against Customs DG
-- Complainant claims DG created and operated an unlawful “incentive system” at Faisalabad Dryport
ISLAMABAD: The National Accountability Bureau (NAB) has formally started its...
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Govt set to impose Rs100bn taxes in mini-budget
ISLAMABAD: The federal government is all set to impose over Rs100 billion in taxes by increasing 5 to 10 per cent regulatory...
Pakistan raises gas prices to trim subsidies amid budget woes
Sarwar said the move would help ease part of the 152 billion-rupee ($1.24 billion) deficit for state-owned SNGPL and SSGC