Cheap power during winter months: Package for industry on the cards The impact of incremental package will be around Rs 25 billion Updated 09 Oct, 2023 09:53am
Print SME Bank may stay as SIFC seeks a reactivation plan ISLAMABAD: The caretaker government is likely to overturn a decision of Shehbaz Sharif-led government on Small and... Updated 09 Oct, 2023 09:34am
Print $250m RISE-II loan: Negotiations with AIIB next week likely ISLAMABAD: Pakistan and Asian Infrastructure Investment Bank (AIIB) are likely to hold negotiations for $250 million... Updated 08 Oct, 2023 07:06pm
Print First review under SBA becomes due: Ministries spurred into action Ministry of Finance asks all ministries to implement all the commitments made with the International Monetary Fund Updated 05 Oct, 2023 09:47am
Business & Finance Issue of SPLC lands on MoF desk ISLAMABAD: The issue of Saudi Pak Leasing Company Limited (SPLC) has reportedly landed at the desk of the Finance... Published 05 Oct, 2023 06:23am
Print Opposition of IMF, World Bank: Plan to have direct credit lines from banks, FIs shelved ISLAMABAD: The Finance Division has reportedly shelved its plan to have direct credit lines from Banks/ Financial... Updated 03 Oct, 2023 09:15am
Print Upcoming NFC: FD seeks proposals from ministries, provinces ISLAMABAD: The Finance Division has sought proposals from federal ministries and provinces for the upcoming National... Updated 03 Oct, 2023 09:14am
Print Settlement of employees’ obligations: SME Bank allowed to use available surplus funds ISLAMABAD: Finance Division has given its concurrence to allow SME Bank to utilise available surplus funds and... Updated 02 Oct, 2023 09:59am
Business & Finance Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate Updated 30 Sep, 2023 09:45am
Print PSM expenditure since its closure: ECC directs FD to submit details of cost borne by govt ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to submit... Updated 30 Sep, 2023 09:21am
Print Breaking nexus with electricity thieves: Transfers of Discos’ operational staff on the cards ISLAMABAD: The Power Division has decided to transfer operational staff of power Distribution Companies (Discos)... Updated 27 Sep, 2023 10:51am
Print PD asked to place KE-related issues before CCER meeting ISLAMABAD: Finance Division has asked Power Division to present K-Electric’s issues before the Cabinet Committee on... Updated 26 Sep, 2023 08:48am
Print Provincial nature PSDP projects: Centre decides to make it mandatory for provinces to share 50pc cost ISLAMABAD: The caretaker federal government has reportedly decided to make it mandatory for the provinces to share... Updated 25 Sep, 2023 09:33am
Print Fiscal consolidation: Ministries, divisions asked to strictly adhere to funds release strategy ISLAMABAD: Secretary Finance, Imdad Ullah Bosal has asked ministries and divisions to strictly adhere to the funds... Updated 24 Sep, 2023 09:15am
Print To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to ‘SOFR’ ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over... Updated 19 Sep, 2023 09:10am
Print NPCs: Rate of return again revised upward to attract more investment KARACHI: The federal government has revised the rate of return on the conventional Naya Pakistan Certificates (NPCs)... Updated 15 Sep, 2023 09:56am
Print Banks and FIs: MoF to do away with direct credit lines ISLAMABAD: The Finance Ministry has reportedly decided to do away with direct credit lines from banks/financial... Updated 14 Sep, 2023 09:09am
Print Domestic collection improvement: FBR presents strategy to Shamshad ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve... Updated 13 Sep, 2023 08:53am
Editorials Economic update and outlook for Aug EDITORIAL: The Economic Update and Outlook for August 2023 uploaded on the Finance Division website ended as always... Published 11 Sep, 2023 06:32am
Print Move to promote Islamic mode of financing: MoF proposes draft amendments to MTBs, Ijara Sukuk rules ISLAMABAD: The Finance Ministry has proposed draft amendments to Pakistan Market Treasury Bills and Ijara Sukuk... Updated 09 Sep, 2023 09:28am
Print FD highlights AJK’s share in divisible pool ISLAMABAD: The Finance Division has told a standing committee of finance that the share of AJK government in the... Updated 03 Sep, 2023 09:34am
Print Debt management: FD advocates balanced approach ISLAMABAD: Fiscal discipline is essential to maintain primary surplus as total public debt/revenue and debt... Updated 02 Sep, 2023 03:08pm
Print Govt hikes price of petrol by Rs14.91, HSD’s by Rs18.44 ISLAMABAD: The interim government on Friday hiked once again the prices of petroleum products up to Rs 18.44 per... Updated 01 Sep, 2023 08:43am
Business & Finance 2023-24: Strategy for additional allocation, re-appropriation of funds issued ISLAMABAD: Finance Division has issued strategy for additional allocation and re-appropriation of funds during... Published 28 Aug, 2023 06:27am
Print SOEs monitoring under IMF SBA: Finance Division yet to operationalise CMU ISLAMABAD: The Finance Division has yet to complete the operationalisation of the Central Monitoring Unit (CMU) by... Updated 26 Aug, 2023 06:28pm
Print Prices of petrol, diesel increased by upto Rs20 ISLAMABAD: The caretaker government has announced an increase in the ex-depot price of petroleum products up to Rs... Updated 16 Aug, 2023 09:18am
Print BRACE report lists factors leading to greater poverty ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in... Updated 11 Aug, 2023 09:29am
Opinion A commentary about AML Act AML Authority law, The Parliament legislated on July 3, 2023, the National Anti-Money Laundering and Counter... Updated 10 Aug, 2023 07:13am
Print Updated CDMP as per SBA yet to be approved ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as... Updated 09 Aug, 2023 09:16am