Business & Economy

ISLAMABAD, Jul 18 (APP):Federal Board of Revenue (FBR) has appointed Abdul Rashid Sheikh, a BS-22 officer of Pakistan Custom Services (PCS), as Member, FBR (HQ), Islamabad. According to the FBR notification issued here on Monday, he has relinquished the charge of the post of Director […]

BALI 17 July (Online): A two-day meeting of finance ministers from the Group of 20 major economies ended on Saturday in Indonesia without a joint communique after Russia’s war in Ukraine divided the global forum. During talks on the Indonesian resort island Bali, the finance […]

ISLAMABAD 17 July (Online): Minister for Water Resources Syed Khursheed Ahmad Shah has said that timely completion of under-construction water resources is the top most priority of the government. In a statement on Sunday, he said Diamer Bhasha Dam, Dasu Dam, Tha Kot Dam, and […]

ISLAMABAD, Jul 17 (APP): Minister for Finance and Revenue Miftah Ismail on Sunday said that Pak-Rupee has strengthened against Euro, Pound and Yen during the period from May 31 to July 14, 2022. “Over the last month and a half, Pakistani rupee has held its […]

ISLAMABAD, Jul 17 (APP): The two state-owned companies, SNGPL and SSGC, would collectively spend funds amounting to Rs 113.899 billion on the reinforcement of gas transmission networks in their operational areas across the country during the current fiscal year. “The Sui Northern Gas Pipelines Limited […]

ISLAMABAD, Jul 17 (APP): The government has imported oil worth $ 17.03 billion during the first 10 months (July-April) of the last fiscal year to meet energy needs of the country, which showed almost 96 percent increase in the oil import bill as compared to […]

BEIJING, July 16 (APP): Deputy Secretary-General of Shanghai Cooperation Organization (SCO) Sohail Khan led a SCO Secretariat delegation at the opening events of the 28th China Lanzhou Investment and Trade Fair in China’s Gansu Province. The delegation met with the leadership of the province and […]

WASHINGTON, JULY 16 (Online): World Bank (WB) has accorded approval to provide 260 million dollars assistance to Pakistan. WB will provide this assistance for Punjab province which will be spent for uplift of agriculture sector and projects related to small farmers. According to press release […]

NEW YORK, Jul 15 (APP): Minister for Planning, Development and Special Initiatives Ahsan Iqbal Friday presented the Voluntary National Review (VNR) of Pakistan at the 15th meeting of ministerial segment of Economic and Social Council (ECOSOC 2022) at the United Nations. While presenting the VNR, […]

ISLAMABAD, Jul 15 (APP): Federal Minister for Finance and Revenue, Miftah Ismail on Friday said that government was making all-out efforts to address governance and circular debt issues. Talking to a private television channel, he said, furnace oil is expensive for producing energy, while LNG […]