govt
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Govt plans Rs100 billion Sukuk boost at PSX | The Express Tribune
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[ad_1] KARACHI: The government is set to hold the second auction of Sukuks at the Pakistan Stock Exchange (PSX) on Tuesday, aiming to raise new domestic debt worth Rs100 billion after securing financing at a comparatively low price in the first auction held last month at the bourse. The government has decided to gradually increase…
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Govt plans to launch digital rewards | The Express Tribune
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[ad_1] ISLAMABAD: The government has decided to launch a digital rewards platform of the National Database and Registration Authority (NADRA), called the National Digital Wallet, to promote cashless economy in Pakistan. Under the proposed plan, 1% of electricity, gas and fuel bills may be linked to the digital rewards. According to sources, the Ministry of…
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Govt aims to revitalise agri-sector | The Express Tribune
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[ad_1] ISLAMABAD: The government has outlined a series of initiatives to breathe new life into Pakistan’s agriculture sector. These include the formulation of a national seed policy and the introduction of the Agriculture Development Authority Act to facilitate corporate farming in Pakistan. Sources informed The Express Tribune that the Ministry of Food has developed several…
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Govt set to pay $27.5b debt by Nov | The Express Tribune
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[ad_1] KARACHI: The central bank has reported that Pakistan has to pay $27.47 billion in foreign debt and interest cost over one year till the end of November 2024 and arrangements have already been made to pay a large proportion of the debt under the IMF loan programme. Talking to The Express Tribune, Optimus Capital…
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Govt eyes major gas policy reforms | The Express Tribune
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[ad_1] ISLAMABAD: The interim government has decided to make major changes in Pakistan’s two gas exploration and production policies, aiming to reverse an exodus of foreign firms and lessen reliance on expensive imported fuels that have consumed more than $23 billion in less than a decade. A meeting of the Council of Common Interests, the…
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Govt to ensure uninterrupted power supply to Karachi: PM
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar talks to anchors and journalists in a meeting held at the PM House in Islamabad on August 31, 2023. — PID ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar said Monday that the government, in collaboration with K-Electric (KE), would ensure an uninterrupted power supply to Karachi to meet its needs.…
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Govt, KE agree to ensure Karachi’s energy security
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[ad_1] Power Division and K-Electric ink landmark agreements, in the presence of Minister for Energy Muhammad Ali, providing energy security for Karachi at Power Division. — Ministry of Energy/X/@MoWP15 ISLAMABAD: In their bid to address Karachi’s energy woes, the caretaker federal government and Karachi Electric (KE) Friday inked various agreements provisioning stabilised electric supply to address…
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Govt keeps petrol price unchanged for next fortnight
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[ad_1] A petrol pump attendant is filing motorbike fuel tank in this undated image. — APP/File ISLAMABAD: The caretaker federal government Sunday decided to maintain the petrol price at Rs267.34 per litre for the next fortnight — till January 15. In a notification, the Finance Division said: “The government of Pakistan has decided to maintain…
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Govt keeps prices of petrol, diesel unchanged for fortnight | The Express Tribune
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[ad_1] ISLAMABAD: In a move reflective of the economic stability envisioned by the caretaker government, prices of diesel and petrol will remain unchanged during the fortnight commencing January 1, 2024. This decision aligns with the recommendations of the Oil and Gas Regulatory Authority (OGRA), providing a sense of consistency in fuel costs for consumers. As…
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Govt mulling delay in govt employees’ salaries?
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[ad_1] Pakistani currency notes of RS1,000 can be seen in this picture with the PKR coins. — AFP/File After a private news channel aired news hinting at a possible delay in the issuance of funds for federal government employees’ salaries and development projects, the Ministry of Finance Saturday categorically rebuked such rumours terming them as…
