SLAMABAD – In response to the International Monetary Fund’s (IMF) stringent requirements, Prime Minister Imran Khan has called a meeting of the federal cabinet on Thursday (tomorrow) to finalise the mini-budget. Tomorrow at 12 p.m., Prime Minister Imran Khan will preside over a meeting to adopt the Finance (Supplemental) BillRead More →
ISLAMABAD, Pakistan – The World Bank granted a $190 million loan assistance for Pakistan on Wednesday. The World Bank will discuss ways to increase the country’s electrical generation and will give loans. Furthermore, the contract was signed in the federal city. Asad Hayauddin, a top federal government executive, and AnjumRead More →
MULTAN — Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir, has stated that the Asaan Credit Scheme (I-SAAF) will be a game changer in improving access to finance for SMEs by addressing the long-standing concern of a shortage of collateral. Dr. Reza Baqir spoke at length aboutRead More →
QUETTA – Dr. Muhammad Ashfaq Ahmed, Chairman FBR/Secretary Revenue Division, paid a visit to Customs House in Chaman on the third and last day of his tour to Balochistan. Dr. Muhammad Saeed Khan Jadoon, FBR Member (Customs Policy), Mr. Muhammad Sadiq, Chief Collector Customs (Balochistan), and Mr. Rashid Habib Khan,Read More →
WASHINGTON: On Saturday, the World Bank’s Board of Executive Directors authorised $195 million in funding to assist Pakistan in strengthening power distribution and implementing energy sector reforms to improve customer service quality. The Electricity Distribution Efficiency Improvement Project (EDEIP), according to a statement issued by the international financial institution, willRead More →
ISLAMABAD, Pakistan – The federal government announced on Wednesday that prices for petroleum products will be reduced in the second half of December. The price of petrol has been reduced by Rs 5 to Rs140.82 per litre, while the price of High Speed Diesel (HSD) has been reduced by RsRead More →
ISLAMABAD, Pakistan (APP): The Asian Development Bank (ADB) has authorised a $200 million loan to help Punjab province create an irrigation system that would help raise agricultural output and food security. The project loan, which is in Japanese yen, will be used to fund the building of the Greater ThalRead More →
ISLAMABAD, Pakistan – Dr. Arshad Mahmood, the Secretary of Petroleum, was fired by the government on Saturday. Following his dismissal from office, Secretary of Petroleum Dr. Arshad Mahmood has been asked to report to the Establishment Division. Secretary Power Division Ali Raza Bhatta has also been given the additional responsibilityRead More →
ISLAMABAD – Dr. Moeed Yusuf, Pakistan’s national security advisor, stated on Wednesday that the country’s economic bases are open to the whole globe. In an interview with BBC’s Hard Talk host Stephen Sackur, he answered to a variety of questions about the Pakistan-US Economic Corridor and other problems. He wentRead More →
ISLAMABAD – Shaukat Tarin, Advisor to the Prime Minister on Finance and Revenue, stated on Saturday that the State Bank of Pakistan has received a $3 billion deposit from Saudi Arabia (SBP). While delivering the news, Shaukat Tarin praised Saudi Crown Prince Mohammed Bin Salman and the Kingdom of SaudiRead More →
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