Tag: Finance

Lower judiciary gets Rs 212m budget

The Finance Ministry approved a budget of Rs 212 million for two session divisions of the lower judiciary of the federal capital for the...

Developers raise $133m to build 100MW of wind farms

Wind developers in Pakistan have raised $133m in finance needed to press on with 100MW of capacity in the country. The Islamic Development Bank...

The Doctor’s therapy seems to be working

Federal Minister for Finance Dr Abdul Hafeez Shaikh said on Saturday the revenue collection had registered 25 percent growth during the first 10 months...

We’re dead ducks… oh yes we are

By sovereign default on Rs34 billion non-payments to Independent Power Producers (IPPs), the federal government has not only jeopardised over Rs200 billion investments made...

Former finance minister still vying to move the economy forward

Former Finance Minister Shahid Javed Burki said on Thursday that crises of governance, rent seeking culture and corruption has increased in the country and...

Govt to promote corporate governance in PSEs: Dr Hafeez

Federal Minister for Finance Dr Abdul Hafeez Shaikh here on Thursday said the government was determined to enhancing the efficiency of public sector enterprises...

EDB to forward budget proposal to finance ministry

Engineering Development Board (EDB) is likely to put forward to finance ministry the joint budget proposal sent by bike manufacturers and vendors through PAMA...

House Building Finance Company Ltd holds Annual Zonal Conference 2012

House Building Finance Company Limited (HBFCL) recently held Annual Zonal Conference for the year 2012. The objectives of the conference were to review the...

International Conference Pak Finance 2012

To promote the economic thought of Iqbal and to find practical possibilities of its implementation, International Conference Pak Finance 2012 will be held with...

Finance ministry sticks to 5pc budget deficit for the fiscal year

Still confident of the anticipated external inflows, the finance ministry on Monday remained stuck to its budget deficit of 5 per cent claiming the...

Top finance officials assume new charges

After the top level reshuffle in the finance ministry hierarchy last week, Abdul Wajid Rana assumed the charge of Secretary Finance, Dr Waqar Masud...

Finance, power ministries at loggerheads over DISCO boards

The Water and Power Ministry has sought powers to make changes in the board of directors (BoD) of power distribution companies (DISCOs), as non...

ECP to form political finance wing to verify MPs’ assets

In a major development, the Election Commission of Pakistan (ECP) on Wednesday decided to form a political finance wing for verifying details of the...

Implications of financial crisis need to be understood: Dr Nadeem ul...

Deputy Chairman, Planning Commission, Dr Nadeem ul Haque emphasised the importance of understanding implications of global financial crisis for sustained economic growth. Chairing the...

Finance Ministry agrees to release Rs4.6b to HEC

The Ministry of Finance has agreed to release Rs4.6 billion to the Higher Education Commission (HEC) in order to run its scholarship programmes and...

Tajik bankers visit SBP to study mobile financial services

A six-member delegation of National Bank of Tajikistan visited State Bank of Pakistan (SBP) on weeklong study tour starting from 28th November to 2nd...

Islamic banking and finance

Many people think that Islamic banking and finance is a cure to all the financial woes. In fact that is not the case. Islamic...