The National Assembly (NA) yesterday approved the Federal Budget for the fiscal year 2024-25 with a total outlay of Rs18,870 billion. According to sources, the IMF wants Pakistan to hike the electricity and gas rates from July 1 and immediately implement the NEPRA decision regarding the increase in gas and power tariffs. IMF also demanded […]
Chairing a meeting on ease of business, the prime minister directed the relevant authorities to establish a one-window operation to simplify documentary procedures for companies and traders. He also directed to seek assistance from Chinese experts to establish an experimental facility service center modeled after the Shenzhen One-Stop Shop. Regarding ease of doing business and […]
According to sources, the Ministry of IT has been allocated Rs 27.43 billion in the development budget, with Rs 6.28 billion for 15 new projects. The government has also proposed allocating Rs 21.15 billion for ongoing projects and Rs 3.5 billion for the Digital Economy initiative. Other notable allocations include Rs 1 billion for innovation […]
The committee approved the summary presented by the Ministry of Aviation to allow the utilization of eight million dollars available with the National Bank of Pakistan to pay severance and other operational expenses of the Roosevelt Hotel. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb presided over a meeting of the Economic Coordination Committee […]
