BHC annuls NFC notification, says members appointed unconstitutionally
QUETTA: The Balochistan High Court (BHC) on Tuesday annulled the notification issued by President Dr Arif Alvi for constitution of the 10th National...
Govt says will bring sugar mafia to task
PM directs provinces to enforce zero-tolerance policy on smuggling and hoarding
Economists point out myths and facts about Pakistan’s defence budget
--Govt to spend 17.7pc on defence-related activities in FY21
--Army to get 47.6pc of the total defence budget of Rs1.28tr
--Pakistan's military expenditures...
Pakistan to save $2.4bn in 2020 debt relief: World Bank
'Poorest countries can cumulatively save over $12bn owed to sovereign and other creditors this year'
Italy’s Eni mulls exiting Pakistan after 20 years
The proposed plan includes disposal of Eni's producing assets in Bhit, Badhra and Kadanwari, as well as its processing facilities and several non-operating assets
Pakistan, ADB sign $235m loan accord for Karachi’s Red Line BRT corridor
'The project will restructure the entire width of the 26.6km corridor, including construction of 29 stations, green areas, bicycle lanes, sidewalks etc.'
KP finance minister unveils Rs923bn ‘tax free’ budget for FY21
--Govt earmarks Rs317bn for development, Rs124bn for health, Rs184bn for merged districts
--Despite Covid-19 challenges, KP govt expects its income to surge by...
Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response
ISLAMABAD: Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...
Pakistan fiscal deficit to hit 9.5pc of GDP: Fitch Ratings
According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.
Mango exporters welcome opening of borders with Iran, Afghanistan
--Iran allows six more Pakistani companies to export mangoes
--PIA announces concessional air freight charges for mango exporters
ISLAMABAD: With the government's intervention, major...
Pakistan’s economy to grow by 2pc in FY21, says ADB
'Pakistan was on a path of economic recovery before Covid-19 and will resume efforts to address macroeconomic imbalances once the virus subsides'
CM Murad unveils Sindh budget with an outlay of Rs1.24tr
--Rs23bn earmarked for education, Rs28bn for health and Rs5bn for Covid-19 prevention
--CM says no new tax will be introduced in FY21; announces...
Fearing food emergency, govt imposes Essential Services Act on utility stores
--Move to ensure union activities remain subdued and there are no strike calls during Covid-19
--USC Union chief says govt's decision is 'tantamount...
Massive hike in gas tariff on the cards
SNGPL seeks Rs622 per mmbtu hike, while SSGC wants Rs85 per mmbtu increase in gas price to meet FY21 revenue requirements
Punjab presents Rs2.24tr ‘pro-business’ budget for FY21
–Allocates Rs337bn for ADP; Rs284.2bn for health; Rs391bn for education; Rs8bn for SMEs
–Brings down tax to 5pc for over 20 services; stamp...