Pakistan’s public debt increased by Rs1.505 trillion or 4.28 percent in the eight months of this fiscal year amid an increase in government borrowing to plug the budget deficit gap. A huge proportion of this borrowing was from domestic sources.
Despite the continuous trend in the appreciation of the rupee since August 2020, car prices refuse to go down. Reasons include high taxes and stubborn manufacturers who increased prices when the dollar was going up, but won't reverse when its falling.
Pakistan's development projects of the National Highway Authority (NHA) have been stalled due to a lack of disbursement of funds under the Public Sector Development Programme (PSDP) for the third quarter of the current fiscal year.
Opposition parties in the anti-government coalition Pakistan Democratic Movement (PDM) clashed in the first formal Senate session on Monday. Senate Chairman Sadiq Sanjrani chaired...
The Islamabad High Court (IHC) has fixed the hearing of miscellaneous pleas filed by the National Accountability Bureau (NAB) against former Prime Minister Nawaz...
Pakistan People’s Party (PPP) leader Senator Yousaf Raza Gillani on Monday confirmed receiving show-cause notice by the Pakistan Democratic Movement (PDM). “The PPP has...
The Punjab government improved its own tax collection by 8.9 percent to Rs156.2 billion during the first eight months (July-February) of 2020-21 from Rs143.4bn a year ago, showed provincial civil accounts.
Coronavirus has claimed 83 more lives in Pakistan during the past 24 hours, taking the overall death toll to 14,613. But has the sale of privately imported Russian vaccine Sputnik V against coronavirus has started in Pakistan?
The National Electric Power Regulatory Authority (Nepra) has slashed the Return on Equity (ROE) and the Return on Equity During Construction (ROEDC) components of 12 thermal power plants in a bid to reduce the electricity tariff
Federal Minister for Planning Asad Umar on Saturday slammed the United Kingdom for placing Pakistan on its "red list", saying that the placement raises...
The launching of the flagship China Pakistan Economic Corridor (CPEC) 4,000mw South-North transmission line project has been delayed to September 2021, owing to a failed recent test. Being the first project of its kind international standards are being met.
