ISLAMABAD – Prime Minister Imran Khan claims that the Federal Board of Income (FBR) met its February revenue target of 441 billion rupees, representing a 28.5 percent increase. In a series of tweets on Wednesday, he claimed that the government’s ability to subsidise gasoline, fuel, and electricity, as well asRead More →

ISLAMABAD: The federal government hiked the price of petroleum products by up to Rs12 per litre on Tuesday, with the increase taking effect on February 16. According to a notification issued by the finance ministry, the current Pakistan Tehreek-e-Insaf (PTI) administration has increased the price of petrol by Rs12.03 perRead More →

ISLAMABAD: The federal government raised the price of petroleum goods by up to Rs12 per litre on Tuesday, with effect from February 16. The governing Pakistan Tehreek-e-Insaf (PTI) administration has increased the price of petrol by Rs12.03 per litre, high-speed diesel by Rs9.53 per litre, and light diesel by Rs9.43Read More →

On Tuesday, the interbank rate of the US dollar versus the Pakistani rupee fell by 29 paisa. On the second business day of the week, the rupee finished at Rs176.43, down from Rs176.72 the day before. In the previous three sessions, the local currency has gained 55 paisas against theRead More →

A business strategy was submitted to the Finance Ministry in order to make PIA feasible. On Tuesday, the Finance Ministry received a five-year business plan with the purpose of keeping Pakistan International Airlines (PIA) afloat in the future by avoiding losses. According to the idea, the number of aircraft shouldRead More →

The National Electric Power Regulatory Authority (NEPRA) is expected to raise energy prices by much to Rs3.12. The Central Power Purchasing Agency (CPPA) has made a request for a monthly fuel adjustment. The raise will impose an extra burden of 30 billion rupees on individuals who are already suffering. AsRead More →