In preparation for this visit, Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal chaired a high-level meeting, under the directive of the prime minister, said a press release. Senior officials from federal ministries and heads of various sectors participated, highlighting the importance of this collaboration. Ahsan Iqbal directed the ministries to develop a […]
The Oil and Gas Regulatory Authority (OGRA) had set the official price at Rs234.60 per kg, but the market price has soared to Rs280-285 per kg. Following the price hike, the cost of a domestic LPG cylinder has increased by Rs600, now selling at Rs3,370. Similarly, commercial cylinders are now priced at Rs12,435, up from […]
Indian Prime Minister Narendra Modi appealed to an emboldened opposition for “consensus” Monday, as parliament opened following an election setback that forced him into a coalition government for the first time in a decade. Expected in the first session, which will run until July 3, is a preview of Modi’s plans for his third term […]
Household spending, traditionally a strong contributor to Indonesia’s GDP, and election-related spending helped to expand Southeast Asia’s largest economy 5.11 percent in the first quarter of 2024. And it is expected to expand five percent overall this year, followed by 5.1 percent in 2025 and 2026, according to the World Bank’s Indonesia Economic Prospects report. […]
The independent power producers (IPPs) have earned billions of rupees, and closed them to save billions, PML-N’s Hanif Abbasi said in the National Assembly. Taking part in the budget debate, PML-N lawmakers said that the money is not being recovered from the IPPs and salaried class is being overburdened. Shut down these IPPs they have […]
Addressing the event held in Qatar’s Doha on Saturday, Ambassador Akram highlighted the dangers of allowing impunity for terrorist groups in Afghanistan. He noted that despite progress by the Afghan Interim Government in combating Daesh (ISKP), several other terrorist organizations, including Al-Qaeda and Tehreek-e-Taliban Pakistan (TTP), continue to operate freely. He stressed that socio-economic development […]
The move, part of the 2024-25 fiscal budget, is expected to significantly impact the affordability of healthcare for poor patients. Experts warn that the first-ever sales tax on the diagnosis and treatment of diseases will increase the costs by 25% to 30%. This tax will also severely affect the budgets of public hospitals, leading to […]
The regulatory authority has sent its proposal of fixed charges of Rs200-1,000 a month in the electricity bills to the government, which will give the final nod to impose the fixed charges. According to the proposal, the domestic consumers using 301-400 units a month will pay from July 1, 2024, the fixed charges of Rs200 […]
Lasbela Chamber of Commerce and Industry President Ismail Suttar dubbed the document as a confused budget, claiming that the masters did not want economic stability in the country. Imagine a country that fails to support its exporters, what else can we expect from a budget that converts the 1% presumptive tax regime into normal taxation, […]
In a letter to the Sindh chief secretary and secretary of energy, K-Electric has demanded payment of Rs1.7 bln withheld dues from the Sindh government. The letter has a list of 64 defaulter departments of the Sindh government. The government has been urged to clear the dues else the electricity supply will be disconnected. It […]
