Countries lacking banking channels: ECC approves B2B barter trade mechanism ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved business-to-business (B2B) barter... Updated 19 Jan, 2023 08:43am
Print Transfer of hydro powerhouses to provinces suggested ISLAMABAD: A high level panel has recommended transfer of powerhouses of hydropower projects to respective provinces... Updated 17 Jan, 2023 09:04am
Print Govt makes three financing models for e-bikes ISLAMABAD: The government has reportedly prepared three different financing structures to provide E-Bikes to... Updated 17 Jan, 2023 08:55am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Print Uplift budget for Q3, 4: Finance Div revises fund release strategy ISLAMABAD: The Finance Division has revised the strategy for release of funds of the recurrent and development ... Updated 04 Jan, 2023 09:43am
Business & Finance Power sector circular debt: MoITT demands Finance Division return Rs61.2bn borrowed from USF in 2013 ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has demanded the Finance Division to... Published 31 Dec, 2022 07:36am
Pakistan Implementation of FSC’s judgment on Riba: FD constitutes Steering Committee ISLAMABAD: Finance Division has constituted a Steering Committee for providing strategic guidance regarding... Published 24 Dec, 2022 06:56am
Print Reduction in circular debt of gas sector by 70pc: PM directs Petroleum, Finance Divisions to prepare master plan ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum and Finance Divisions to prepare a master plan to... Updated 23 Dec, 2022 08:41am
Print Rain- and flood-hit farmers: Three markup waiver and financing schemes announced KARACHI: The federal government has announced three markup waiver and financing schemes for farmers in rain and... Updated 23 Dec, 2022 08:40am
Business & Finance Gas sector 10-member body formed on circular debt settlement ISLAMABAD: The Finance Division constituted a 10-member committee on circular debt settlement of the gas sector on... Updated 22 Dec, 2022 09:39am
Pakistan Housing Ministry seeks Rs9,179m for FY 2022-23 ISLAMABAD: Ministry of Housing and Works has sought the grant of Rs 9,179 million to meet the requirements of the... Published 19 Dec, 2022 06:00am
Pakistan Customs confiscates $0.25m in anti-smuggling operations ISLAMABAD: The Customs authorities at ports and border stations have confiscated $0.25 million during anti-smuggling... Published 17 Dec, 2022 05:58am
Print PSO may acquire govt stakes in NPP, Gepco Cabinet Committee on Privatisation directs Privatisation Division to continue process of financial evaluation of NPP and GPP along with their assets Updated 17 Dec, 2022 06:00pm
Business & Finance Akif Saeed appointed SECP Chairman ISLAMABAD: The federal government has appointed Akif Saeed as Chairman of the Securities and Exchange Commission of... Published 17 Dec, 2022 05:58am
Business & Finance SECP: three Commissioners appointed ISLAMABAD: The federal government on Tuesday issued notifications for the appointment of three new Commissioners at... Published 14 Dec, 2022 07:48am
Print VVIP visits: ECC approves additional funds of Rs300m ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved additional funds of Rs300 million... Updated 11 Dec, 2022 09:57am
Print Economy: Dar, others take stock of situation ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired an inter-ministerial meeting... Updated 10 Dec, 2022 09:53am
Pakistan Govt employees mount protest outside Finance Division ISLAMABAD: The All Government Employees Grand Alliance on Thursday reviewed the progress made on government’s... Published 09 Dec, 2022 07:29am
Print 765kV DC transmission lines: FD asks PD to take action on award of contract ISLAMABAD: The Finance Division has asked the Power Division to take appropriate action on award of 765 kV DC... Updated 09 Dec, 2022 09:28am
Print Fiscal, monetary steps discussed ISLAMABAD: Finance Minster Senator Mohammad Ishaq Dar and State Bank of Pakistan (SBP) Governor Jameel Ahmad... Updated 08 Dec, 2022 09:15am
Pakistan Finance Division dismisses rumours over supposed economic emergency proposals Says negotiations leading to the 9th review of IMF programme now at an advanced stage Published 06 Dec, 2022 09:42pm
Pakistan ESCAP official calls on Dar ISLAMABAD: Under Secretary General of the UN/ Executive Secretary of ESCAP Arminda Salsiah Alisjahbana called on... Published 06 Dec, 2022 07:41am
Technology Taxation-related issues of IT sector: FBR nominates IR Commissioners as focal persons ISLAMABAD: The Federal Board of Revenue (FBR), for the first time, nominated Chief Commissioners (Inland Revenue) as... Updated 03 Dec, 2022 11:52am
Business & Finance Monthly economic update, outlook: Manageable CAD, its guaranteed financing required: FD ISLAMABAD: The Finance Division has acknowledged that a manageable current account deficit and its guaranteed... Published 30 Nov, 2022 07:01am
Pakistan General election: ECC approves Rs15bn for ECP ISLAMABAD: The Economic Coordination Committee (ECC) has approved Rs15 billion for the Election Commission of... Updated 30 Nov, 2022 09:59am
Markets 16 SOEs falling under PD’s control: FD expresses dismay over non-provision of annual reports ISLAMABAD: The Finance Division has reportedly expressed its dismay over non-provision of annual reports of 16 State... Updated 25 Nov, 2022 11:40am
Print Flood recovery plan critical to supporting discussions: IMF ISLAMABAD: Pakistan’s timely finalisation of the flood recovery plan is essential to support the discussions, along... Updated 24 Nov, 2022 09:39am
Print ECC approves Rs60.606m additional funds for NCHR ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved Rs60.606 million additional funds... Updated 23 Nov, 2022 09:31am
Business & Finance ECC directs SPD to clear STEPF dues and HEC loans ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Strategic Planning Division... Published 23 Nov, 2022 05:55am
Business & Finance Loans & advances: FD fixes FY22 mark-up at 11.20pc ISLAMABAD: The Finance Division has fixed mark-up chargeable on development loans and advances by the federal... Updated 18 Nov, 2022 09:29am