Category: Finance
China desires to invest more for Pakistan’s economic growth
ISLAMABAD: Ambassador of the People’s Republic of China Nong Rong has expressed the desire of the present Chinese Government to invest more in all sectors to lift the economic standing […]
Pakistan likely to exit from FATF’s grey list
KARACHI: The plenary meeting of Financial Action Task Force (FATF) is scheduled to start from June 21, 2021. The meeting may decide to give green signal to Pakistan for white […]
World Bank approves $442mn for improving access to water, sanitation services in Pakistan
KARACHI: The Executive Board of the World Bank has approved a financing of $442 million to support Pakistan in improving access to water and sanitation services for the vulnerable rural […]
ECC approves policy for regulation of NGOs/NPOs receiving foreign funds
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet in its meeting held on Wednesday approved the ‘Policy for Regulation of NGOs/NPOs receiving Foreign Contributions-2021’. The NGO Policy, 2021 has been […]
Budget 2021/2022: minimum wage increased to Rs20,000
ISLAMABAD: The federal government on Friday presented budget 2021/2022 and announced increase in monthly minimum wage to Rs20,000 from Rs17,500. Finance Minister Shaukat Tarin while presenting the budget on floor […]
Govt. presents deficit budget 2021-22 with total outlay of Rs8.4 trillion
ISLAMABAD: The federal government on Friday presented a deficit budget with total outlay of Rs8.4 trillion with host of relief and budgetary measures. Presenting the fiscal year budget, Finance Minister […]
Budget 2021/2022: key features of spending under public sector development program
ISLAMABAD: The federal government on Friday presented budget for fiscal year 2021/2022 and allocated Rs900 billion for public sector development program (PSDP). Following are the highlights of allocations PSDP for […]
Budget 2021/2022: salary and pension increased by 10 percent
ISLAMABAD: The federal government on Friday presented budget 2021/2022 and announce an increase of 10 percent in basic salary and pension of the government employees. While delivering the budget speech […]
Budget 2021/2022 at a glance
ISLAMABAD: The federal government on Friday presented budget for fiscal year 2021/2022. Following is the budget at a glance: Total resources: Rs8,487 billion Total revenue (Federal Board of Revenue): Rs5,829 […]
Economic Survey 2020/21: PIA witnesses revenue shortfall of Rs82.6 billion due to COVID
ISLAMABAD: Due to COVID-19, the scheduled flight operations to most of the parts of the country and the globe remained suspended. Pakistan International Airline Company (PIAC) revenues, approximately Rs82.6 billion, […]