finance ministry Archives - Page 8 of 15

Pakistan Grants Early Salary Payment for Christmas Festivities

December 15, 2023December 15, 2023Mrs. Anjum Shahnawaz

Islamabad, December 15, 2023 – In a gesture of goodwill and inclusivity, the Pakistan government has announced the early disbursement of salaries for the month of December 2023 to the Christian community, allowing them to celebrate Christmas with financial ease and joy.

Pakistan Aims to Eliminate Tax Exemptions for Fiscal Sustainability

October 31, 2023October 31, 2023Mrs. Anjum Shahnawaz

Islamabad, October 31, 2023 – In a bid to achieve long-term fiscal sustainability, Pakistan has set its sights on eliminating tax exemptions.

Pakistan Implements Administrative Measures to Ease Inflation

October 2, 2023October 2, 2023Mrs. Anjum Shahnawaz

Karachi, October 2, 2023 – Pakistan has taken significant steps to combat inflation and stabilize its economic outlook. Recent administrative measures aimed at improving the availability of essential food commodities and addressing supply constraints are yielding positive results, according to the Ministry of Finance’s monthly economic report.

Pakistan Refutes Reports of Ban on Rs 5000 Banknote

September 8, 2023September 8, 2023Mrs. Anjum Shahnawaz

Islamabad, September 7, 2023 – Pakistan has officially denied recent reports suggesting a ban on the Rs 5000 denomination banknote. The Ministry of Finance issued a statement on Thursday to address the circulating rumors and clarify the situation.

Pakistan Rejects Gallup Business Confidence Survey

September 6, 2023September 6, 2023Mrs. Anjum Shahnawaz

Islamabad, September 6, 2023 – Pakistan has officially contested the findings of the Gallup Business Confidence Survey, which was recently published in a local financial daily newspaper.

Pakistan Sets Diyat (Compensation) Amount at Rs 6.76 Million for FY 2023-24

September 5, 2023September 5, 2023Mrs. Anjum Shahnawaz

Islamabad, September 5, 2023 – Pakistan has officially determined the amount of diyat (compensation) for the fiscal year 2023-24, setting it at Rs 6.76 million.

Pakistan’s Budget Deficit Narrows to 7.7% with 21% Surge in Expenditures in FY23

August 18, 2023August 18, 2023Shahnawaz Akhter

Islamabad, August 18, 2023 – Pakistan’s fiscal performance for the fiscal year 2022-23 was unveiled on Thursday, indicating a reduction in the budget deficit to 7.7 percent coupled with a notable increase in expenditures by more than 21 percent.

Government Extends 35% Increase in Salary to Corporation Employees

August 3, 2023August 3, 2023Mrs. Anjum Shahnawaz

Islamabad, August 3, 2023 – In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all federal government employees in the budget 2023-24, to employees of autonomous and semi-autonomous bodies as well as corporations.