govt
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Govt targets exporting manpower | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Overseas Pakistanis and Human Resource Development (OP & HRD) Sajid Hussain Turi on Tuesday said that the government is working to allocate a quota to Overseas Employment Promoters (OEPs) in order to increase manpower exports with a target of one million exports of manpower this year. Addressing the Islamabad Chamber…
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Govt categorically denies rumours on imposing economic emergency
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[ad_1] — AFP/File The Finance Division Tuesday categorically denied assertions on supposed economic emergency proposals being circulating on social media, terming them “false”. In a statement issued today, the Finance Division not only strongly rebutted the assertions made in the said message but also categorically denied it. It stated that there is no planning to…
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Hammad flays govt for bad economics | The Express Tribune
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[ad_1] LAHORE: Slamming the federal government for its economic policies, (PTI) Pakistan Tehreek-e-Insaf leader Hammad Azhar on Monday said that the economy is deteriorating, and the dollar is not even available even at the existing rate. Addressing a press conference in Lahore, he said that LCs of spare parts have not been opened. He added…
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Govt approves import of 450,000 tonnes wheat from Russia | The Express Tribune
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[ad_1] ISLAMABAD: Finance ministry said on Monday it approved the import of 450,000 tonnes of wheat from Russia ahead of the next crop season, which might be delayed because of the impact of floods this year. The Russian wheat will be purchased on a government-to-government basis in the February to March period, the ministry said…
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Govt to impose regulatory duty on imported edible oil | The Express Tribune
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[ad_1] ISLAMABAD: The government has decided to impose regulatory duty on imported edible oil in a bid to promote self-sufficiency at the local level and boost exports. According to sources inside the Ministry of Food Security, sunflower and canola will be cultivated on 600,000 acres at the local level, and local production will be protected…
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Govt gets less-than-targeted financing in T-bills auction | The Express Tribune
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[ad_1] KARACHI: The government borrowed on Wednesday a mere Rs215 billion from commercial banks against the target of Rs850 billion as the banks jacked up the lending rate significantly. The government acquired financing through the auction of three-, six- and 12-month T-bills. Cut-off yields (lending rates) on the papers increased by up to 129 basis…
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Govt through tough decisions averted default risk: PM | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan is out of risk of default due to difficult decisions taken by the coalition government. The premier said the government is taking all possible steps to further strengthen the national economy and is striving with priority measures to reduce price hikes and provide relief to…
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Rift over executive allowance deepens in govt groups | The Express Tribune
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[ad_1] ISLAMABAD: After the Punjab government approved a 150% planning allowance, the three service groups on Monday joined hands and aired their frustration against the federal government and the state for arbitrarily ignoring them in awarding the executive allowance. The Economist and Technical Group, the Commerce and Trade Group and the Information Service Group staged…
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Govt kicks off process to import more wheat | The Express Tribune
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[ad_1] KARACHI: The federal government has started the process of importing another 500,000 metric tonnes of wheat in the wake of its shortage following the recent devastating floods in several parts of the country. The Trading Corporation of Pakistan has already issued a tender for the import of wheat. Sealed bids have been invited from…
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Govt keeps petrol price unchanged
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[ad_1] Motorists wait to fill their vehicle tanks at a petrol station in Islamabad following an increase of petroleum prices by the government. — Online/File ISLAMABAD: The Government of Pakistan Tuesday kept the price of petrol unchanged at Rs224.80 per litre for the next fortnight. Federal Minister for Finance and Revenue Ishaq Dar announced the…
