1. Home
  2. Government

Category: Government

Miftah blames ‘Political Turmoil’ As Rupee Falls To Record Low Against Dollar

Miftah blames ‘Political Turmoil’ As Rupee Falls To Record Low Against Dollar

Rupee Kept Losing Value In the interbank market on Wednesday, the rupee kept losing value, reaching a record low of Rs225 versus the dollar.  Finance Minister Miftah Ismail blamed political unrest for the decline.  Ismail

IMF pact ‘credit positive’ for Islamabad, says Moody’s

IMF pact ‘credit positive’ for Islamabad, says Moody’s

Pakistan's depleting foreign exchange reserves Moody's Investors Service deemed the staff level agreement (SLA) Pakistan, and the International Monetary Fund (IMF) inked on Monday for the extension of their programme to be "credit positive," believing

$1.17 BN Tranche To Be Given In Three To Six Weeks: IMF To Pakistan

$1.17 BN Tranche To Be Given In Three To Six Weeks: IMF To Pakistan

Pakistan Will Get $1.7 Billion According to the International Monetary Fund (IMF), Pakistan will get $1.17 billion "right away" as a result of the deal struck recently.  It is an agreement on the seventh and

Petroleum Prices To Be Cut By Up To Rs40

Petroleum Prices To Be Cut By Up To Rs40

Cost Of Petroleum Products Is Anticipated Due to decreasing worldwide oil prices, the cost of petroleum products is anticipated to drop by up to Rs17–40 per litre for the upcoming two weeks.  The Oil and

After Chakwal, Imran Riaz Khan Now in CIA Custody

After Chakwal, Imran Riaz Khan Now in CIA Custody

Squad Of Lahore Police Officers Detained Anchorperson In connection with a complaint made against him at the Civil Lines police station, a squad of Lahore police officers detained anchorperson Imran Riaz Khan from Chakwal and

969 MW Project Halted After Damage Detected

969 MW Project Halted After Damage Detected

969-Megawatt Neelum-Jhelum Hydropower Project The 969-megawatt Neelum-Jhelum hydropower project, finished at an estimated sanctioned cost of roughly Rs508 billion, has been shut down due to significant cracks in its tailrace tunnel amid nationwide electricity shortages. 

Parliamentary body to keep check on talks with TTP

Parliamentary body to keep check on talks with TTP

PPP's Demand That A Parliamentary Committee Oversees The Process The military gave in to the Pakistan Peoples Party's demand that a parliamentary committee oversees the process on Tuesday, and as a result, the peace talks

Tobacco Companies Barred From Selling Cigarettes Without Tax Stamps

Tobacco Companies Barred From Selling Cigarettes Without Tax Stamps

Tobacco Companies Are Prohibited From Selling Cigarettes All tobacco companies are prohibited from selling cigarettes without tax stamps by the Federal Board of Revenue.  According to sources, FBR has mandated that all cigarette manufacturers apply

PM Shehbaz Orders Resolution Of Energy Crisis

PM Shehbaz Orders Resolution Of Energy Crisis

An Early Restart Of Power Generation Prime Minister Shehbaz Sharif on Sunday ordered an early restart of power generation from the facilities halted due to different administrative and technical challenges, acting in response to growing

Energy prices to surge until year-end, ministers warn

Energy prices to surge until year-end, ministers warn

Energy prices will keep increasing for the next three to four months The government on Friday said the energy prices will keep increasing for the next three to four months because of ‘landmines laid by