Breaking

Breaking

Pakistan assures financial commitments to IMF

Aftab Ahmed The PTI government has secured a US$10.8 billion loan from China in 2021 for retiring international financing commitment in the next 12 months. The…

Apr 8, 2021
Breaking

Gauhar asks OGRA to work within its mandate

Aftab Ahmed The SAPM on Petroleum categorically emphasized that a regulator should work according to its mandate and take decisions independently. Special Assistant to the Prime…

Apr 8, 2021
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ECC places cap on future debt of PIA

Aftab Ahmed The Economic Coordination Committee (ECC) on Wednesday okayed restructuring of Pakistan International Airlines (PIA) with a direction to place a cap on future debt…

Apr 7, 2021
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Terms approved for forensic audit of SOEs

The Cabinet Committee on State-Owned Enterprises (CCOSOEs) has the approval of Terms of Reference (TORs) for a forensic audit of the State-Owned Enterprises (SOEs). Muhammad Hammad…

Apr 7, 2021
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FFC to acquire shares in FFBL wind plant

Aftab Ahmed The FFC Board of directors has approved the acquisition of shares in the FFBL wind plant. In a notice to Pakistan Stock Exchange, FFC…

Apr 2, 2021
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Stock guarantees reduced to 10% of GDP

The IMF, World Bank, and ADB have highlighted the need for consolidated debt management functions within the Finance Division Aftab Ahmed The government has decided to…

Apr 1, 2021
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Pakistan, Afghanistan sign extending APTTA

Razak outlined the government’s vision for trade with Afghanistan and the Central Asian republic Pakistan and Afghanistan Thursday signed a three-month extension protocol to the Afghanistan-Pakistan…

Apr 1, 2021
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Cabinet body directs Mari’s shares divestment

Aftab Ahmed The Cabinet Committee on Privatization (CCoP) has directed to complete the divestment process of 18.39 percent shares in Mari Petroleum Co.Ltd (MPCL) within the…

Mar 26, 2021
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PTCL hikes call rates from April

Aftab Ahmed Pakistan Telecommunication Company Limited (PTCL) has announced to increase call rates effective from April 1, 2021. PTCL, Ufone snubbed over poor performance The PTCL…

Mar 25, 2021