govt
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Very difficult challenge for govt to control loadshedding crisis: PM Shehbaz
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[ad_1] Prime Minister Shehbaz Sharif address a high-level government meeting on loadshedding at the PM’s Office in Islamabad, on July 1, 2022. — YouTube/PTVNews ISLAMABAD: Slamming the PTI for not securing cheap gas during its tenure, Prime Minister Shahbaz Sharif Friday said that it was a “very, very difficult” challenge faced by the coalition government…
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Govt jacks up petrol price by Rs14.85 per litre | The Express Tribune
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[ad_1] The federal government on Thursday announced another hike in the prices of all petroleum products – especially petrol by Rs14.85 per litre and high-speed diesel (HSD) by Rs13.23 per litre, with the change set to take effect from midnight. With the change, petrol will be available for Rs248.74 while the HSD for Rs276.54. Likewise,…
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Govt drops another oil bomb on people | The Express Tribune
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[ad_1] ISLAMABAD: The coalition government on Thursday dropped another oil bomb as it increased the prices by up to Rs18.83 per litre on account of petroleum levy on these products. The new prices will be effective from Friday (today). Earlier, the government had been charging zero petroleum levy and general sales tax on petroleum products…
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Govt raises Rs1.7 trillion in T-bills auction | The Express Tribune
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[ad_1] KARACHI: The government on Wednesday raised Rs1.715 trillion through the auction of sovereign debt securities (T-bills) to commercial banks, which was more than double the target of Rs800 billion, as its requirement remained high for bridging the fiscal deficit. The cut-off yields (commercial banks’ interest rate on financing to the government) on three and…
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Govt to empower NA speaker, Senate chief | The Express Tribune
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[ad_1] ISLAMABAD: In a move that belies Prime Minister Shehbaz Sharif’s claim of putting burden on the privileged class, the government has proposed to empower the National Assembly speaker and Senate chairman to grant themselves and the past custodians of parliament additional privileges. The amendment to the Chairman and Speaker (Salaries, Allowances and Privileges) Act…
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Govt to borrow Rs27.5 trillion | The Express Tribune
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[ad_1] ISLAMABAD: The government on Monday sought the National Assembly’s seal of approval for borrowing Rs27.5 trillion to repay the maturing debt and bear the interest cost as the country’s external debt repayment requirements increase sharply due to currency devaluation and growing reliance on foreign creditors. The Ministry of Finance tabled the list of expenditures…
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Govt decides to revoke ban on import of mobile phones: sources
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[ad_1] The government has decided to withdraw ban on the import of mobile phones. Photo: Daily Jang/file ISLAMABAD: The federal government is all set to revoke the ban on the import of cell phones, said well-placed sources, according to a Daily Jang report published Monday. The sources privy to the matter said that a notification…
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Govt plans to sell state units to foreign countries | The Express Tribune
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[ad_1] ISLAMABAD: The government on Friday decided to sell state-owned enterprises to foreign countries through negotiated deals instead of conducting transparent bidding and also ruled out the possibility of handing over management control of power distribution companies to the private sector. The decisions taken by the Cabinet Committee on Privatisation (CCOP) mark a departure from…
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Govt asked to consider green energy options | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan, facing severe natural gas shortage over the last few years, is growing its dependence on liquefied naturalgas (LNG). The government needs to explore alternative energy sources to save the environment as well as spending on LNG imports. It should consider transitioning to green energy options like solar and wind that can provide…
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Govt to plug tax loophole for rich | The Express Tribune
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[ad_1] ISLAMABAD: The government may change the definition of resident Pakistani to include all those people in the tax net who do not stay in any foreign country for more than six months, after over 4,000 individuals having $2 billion in bank accounts turned out to be non-resident Pakistanis. The government on Thursday also considered…
