Tag: Finance

PA finally unites against drone strikes

The Punjab Assembly (PA) on Friday passed a resolution against the United States-led drone strikes in Pakistan and demanded the federal government to play...

ADB to generate $7.5b for TAPI gas pipeline

Turkmenistan, Afghanistan, Pakistan and India are likely to sign a transaction advisory deal with the Asian Development Bank (ADB) in the first week of...

Center to decide on peace in KP; Dir women disenfranchised for...

In an interview with local media, the Khyber Pakhtunkhwa (KP) finance minister-designate Sirajul Haq said that the restoring peace in KP was a major...

PSO receives Rs10.5 billion for furnace oil

Ministry of Finance released Rs10.5 billion to Pakistan State Oil (PSO), a private TV channel reported. Reports said that the PSO has now increased...

Banks to report maturity gaps of contractual assets, liabilities

The central bank yesterday asked the banks and Development Finance Institutions (DFIs) to report the maturity gaps of all their assets and liabilities based...

OBS and AkzoNobel finance painting of institute of child...

OBS Pharma in collaboration with AkzoNobel, Charter for Compassion Pakistan (CfCP) and Network of Organization Working for People with Disabilities, Pakistan-(NOWPDP) financed painting of...

Iran to finance $300m power supply project in Pakistan

Iran will finance a power supply project in Pakistan, valued at $300 million, ISNA quoted Iranian deputy energy minister Mohammad Behzad as saying. A joint...

Iraq’s finance minister denounces raids

Iraq’s Sunni Muslim finance minister has said he holds Shia PM Nouri Maliki personally responsible for raids on his home and office by security...

Khushhali Bank signs MoC with MEDA

The Mennonite Economic Development Associates (MEDA) has signed a Memorandum of Cooperation with Khushhali bank, with an aim to promote their common vision of...

Nigeria finance minister’s mother kidnapped

The mother of Nigerian Finance Minister and former World Bank managing director Ngozi Okonjo-Iweala has been kidnapped from her home in the country’s south,...

‘We’re focusing on improving sales tax system’

Federal Finance Minister Dr Abdul Hafeez Shaikh has said the government was focusing on improving sales tax system and broadening tax net. Talking to...

Finance Ministry rejects funds for FC weapons

Ministry of finance has regretted allocating Rs4 billion to FC for its need of latest weapons. Online reports that interior ministry has decided to raise...

Foreign remittances to hit record $14b in FY 13: Finance Ministry

The Ministry of Finance has claimed that Pakistan will receive a record $14 billion in foreign remittances during ongoing financial year 2012-13 mainly because...

ADB, OFID sign risk-sharing agreement

Asian Development Bank (ADB) and the OPEC Fund for International Development (OFID) signed a risk distribution agreement to support trade in emerging Asian countries,...

Finance Minister to provide supplementary grant to PCSIR

Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Shaikh discussed various matters of science and technology division in a meeting with Federal...

Doc says four percent

Finance Minister Dr. Abdul Hafeez Shaikh Saturday said growth in economic sector is picking up in Pakistan and it is expected to be around...

At long last

The Finance Department of Government of Sindh allowed the Time Scale to its teaching staffers of the Education & Literacy Department from 07 April,...