Petroleum Division has announced a bidding round of 14 new blocks covering 24000 square kilometers (sq-km) for exploration of oil and gas, tweeted the Minister of Energy, Hammad Azhar.The petroleum division hopes to tap a resource potential of 15 Trill…
The Federal Board of Revenue (FBR) collected net revenue of Rs. 2,920 billion during July-December of the current financial year 2021-22, exceeding the target of Rs. 2,633 billion by Rs. 287 billion.According to the FBR provisional revenue collection f…
Asian Development Bank (ADB) and Pakistan achieved a historic high level of cooperation with over $2.3 billion committed by the Bank in 2021, said ADB Country Director for Pakistan Yong Ye.The Country Director in a video message stated, “as we continue…
The Economic Coordination Committee (ECC) of the cabinet on Friday approved the re-rolling of a $142 million loan for Roosevelt Hotel, New York.Finance Minister Shaukat Tarin presided over the meeting, which discussed a number of summaries, including t…
The Governments of Pakistan and China held virtual meetings of the two Joint Working Groups on Gwadar and Socio-Economic Development to review the implementation status of the China-Pakistan Economic Corridor (CPEC) projects and deliberate on the poten…
A Special Cabinet meeting was convened on 30 December 2021 to discuss and approve the Finance (Supplementary) Bill, 2021. Chairman Federal Board of Revenue (FBR) explained the salient features of the Bill. In his presentation, he emphasized the importa…
Federal Minister for Finance and Revenue Shaukat Tarin has stated that the incumbent government has laid the foundation of a welfare state to ensure the poor do not suffer anymore and have opportunities to earn a respectable livelihood.The Minister was…
Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being expressed by many, that the supplementary finance bill will cause an increase in inflation. Addressing a press conference, jointly with Minister of State for…
The Finance Minister, Shaukat Tarin, on Thursday, presented the Supplementary Finance Bill in the parliament amid strong protest from opposition benches.The bill, dubbed the mini-budget by opposition parties, was originally scheduled to be presented in…
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $298 million (1.64 percent).According to the central bank’s weekly report released on Thursday, the country’s total liquid foreign exchange reserves went down…
Karachi: The Sindh Livestock Department has launched a four-pronged strategy for the development of livestock
Islamabad: Prime Minister Muhammad Shehbaz Sharif has underscored the importance of sustained and coordinated efforts
Karachi: Pakistan’s remittances have witnessed a significant rise of 24 percent due to efforts of
Islamabad: Pakistan and the United Kingdom have agreed to deepen bilateral cooperation and address climate
Islamabad: Interior Minister Mohsin Naqvi met Jamiat Ulema-e-Islam-F Chief Maulana Fazlur Rehman in Islamabad on
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Copyright © 2024 Pakistan Press Release Point. All rights reserved.
