PM Imran says no to complete lockdown in Punjab
–PM says Pakistan can't afford a complete lockdown, warns of action against SOPs violation
–Says people are not taking Covid-19 seriously, 'they think...
Govt wants private sector to create jobs PM Imran had promised
–Industries minister says private sector should generate jobs after up to Rs50bn relief in taxes, duties
–PM's finance aide says govt tried to...
Govt unveils Rs7.3tr ‘tax-free’ budget for FY20-21
–Health budget increases by 130pc; defence budget goes up by 11pc; education sector allocation increases by 7.9pc
–GDP growth target set at 2.1pc...
Govt allocates Rs1.32tr for PSDP 2020-21
--Rs650bn have been set aside for federal ministries and divisions; provinces to get Rs674bn
--Rs70bn allocated to Covid-19 responsive; Rs52.4bn development outlay for...
Govt unveils economic survey, misses key targets
Agriculture sector posts 2.67pc growth, whereas industrial and services sectors shrink -2.64pc and -3.4pc, respectively
Govt adds Rs2.5tr to public debt in nine months
--Pakistan's external debt reached $110bn by end-March
--Interest servicing consumed 40pc of the revenue collected in 9MFY20
ISLAMABAD: Although the Pakistan Tehreek-e-Insaf (PTI) government...
Pakistan among latest countries to get Paris Club debt relief
PARIS: The Paris Club of creditor nations have agreed to suspend debt service payments from Chad, Ethiopia, Pakistan and Republic of Congo...
PIA incurring Rs6bn loss per month, PM told
ISLAMABAD: Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik on Monday apprised Prime Minister Imran Khan that in the...
FY21: IMF agrees to slash FBR’s tax target to Rs4.9tr
ISLAMABAD: The International Monetary Fund (IMF) has agreed to slash the Federal Board of Revenue's tax collection target to Rs4,900 billion for...
Omar Ayub irked over fuel shortage, forms body to identify ‘black marketers’
--Minister claims some elements creating 'artificial shortage of fuel' only to maximise their profits
--Orders cancellation of OMCs' licences if anyone found negligent
ISLAMABAD:...
CDWP cuts ML-1 cost by $2bn, seeks ECNEC’s approval
–Source says govt intends to collaborate with private enterprises on some portions of railways track
–CDWP approves 13 projects worth Rs36.18bn
ISLAMABAD: With a major...
ADB, Pakistan sign $300m Covid-19 emergency loan agreement
'The assistance will help govt continue with the provision of emergency cash to poor families'
SBP reserves drop by a whopping $1.7bn
After suffering biggest weekly loss, SBP reserves now stand at $10.4bn
ECC approves firing all Pakistan Steel Mill employees
–Finance ministry to release Rs20bn compensation package for 9,350 employees
–ECC forms body to hedge oil prices, asks Finance Division to release Rs23bn...
Businessman charters private jet to import Covid-19 medicine Remdesivir from Bangladesh
AGP Pharmaceuticals chairman, in his personal capacity, charters a private jet to import Remdesivir from Dhaka