Federal Minister for Finance Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOE) at the Finance Division today.
The committee approved the proposal of the Power Division for the nomination of indep…
The government has decided to increase reliance on withholding taxes in the coming budget (2024-25) to take additional taxation measures of Rs. 1.2 trillion to Rs. 1.3 trillion from 2024-25.
Sources told ProPakistani that the government would increa…
The federal government has decided to start an inquiry against the former Secretary in-charge of National Food Security and Research in connection with the wheat scam.
Sources told ProPakistani that the Establishment Division has forwarded a summary…
One of the top IT exporters of Pakistan, Noman Said, has apprised that the information technology industry has started to show its true potential to be transformational for the economy of Pakistan – and, IT exports to Saudi Arabia are the cornerstone…
Energy Minister Awais Leghari said the federal government had no plans to end solar net-metering next fiscal year.
Addressing reporters at LESCO headquarters, Leghari denied recent reports of quashing solar net-metering, arguing that the scheme stil…
The State Bank of Pakistan has granted approval to Bank Alfalah Limited (PSX: BAFL) to commence due diligence of Samba Bank Limited, the bank informed the main bourse on Monday.
‘We are pleased to inform you that the State Bank of Pakistan has grant…
The banking deposits increased by over 21 percent to Rs. 28.4 trillion as of April 2024 compared to Rs. 23.4 trillion as of April 2023.
According to data released by the State Bank of Pakistan (SBP), advances decreased by 0.7 percent year-over-year …
Car financing continued to fall 22 months in a row in the calendar year 2024, down 23.7 percent YoY to Rs. 236 billion by the end of April from Rs. 309 billion in the same period last year.
According to the State Bank of Pakistan (SBP), consumer fin…
Special Technology Zones Authority (STZA) of Pakistan has successfully transitioned its manual procurement processes to e-procurement, marking a significant milestone in the country’s technological advancement.
The adoption of e-procurement aimed at…
The federal government and International Monetary Fund (IMF) will commence policy-level talks today on negotiating a new and likely $6-8 billion bailout program spread over at least three years, Finance Ministry sources told ProPakistani.
Sources sa…
