Tag: Finance
Finance Committee approves Petroleum Levy Amendment Bill
The Standing Committee on Finance has approved the Petroleum Levy Amendment Bill, 2011, whereas Levy tax of Rs. 14 per kilogram would be applied...
LCCI urges govt to tackle financial instability
Lahore Chamber of Commerce and Industry urged the government to prepare a fool proof, well designed and well thought out strategy to avert downward...
Senate finance body approves two key bills
The Senate Standing Committee on Finance approved two bills on Thursday for the imposition of gas infrastructure development cess and petroleum levy on compressed...
To the Fund again?
How do news reports of our able finance managers knocking at the IMF’s door again sound, especially in light of their recent boast of...
Finance Ministry lobbies to pressure PEPCO to recover payments
The Finance Ministry on Tuesday asked the Ministry of Water and Power to influence the Pakistan Electric Power Company (PEPCO) and ask it to...
Strengthening investment
The recent Pak-Japan MoU to strengthen bilateral investment is indicative of saner heads finally prevailing in decision-making circles. Recent developments, though seemingly isolated incidents,...
IGI Money Market Fund
Since its launch, IGI Money Market Fund has been managed by Mr Syed Saifullah Kazmi. Currently, he holds the position of fund manager for...
PTCL — current constraints point towards future potentials
PTCL, the largest telecommunications company in Pakistan, announced their annual results for the year ended June 30th, 2011 in a meeting held in Islamabad...
‘Professional Finance Commission to be announced soon’
The commissioning of the Professional Finance Commission (PFC) is in its final phase and it would be announced soon, a handout issued on Friday...
US threatens Chinese banks with sanctions
A top US envoy said Wednesday that Washington could penalise China’s four biggest state banks if they were found doing business with an Iranian...
Finance ministry employee nabbed on militant links
Pakistani authorities have arrested an employee of the finance ministry on suspicion of links to militant groups, police said on Wednesday.
The suspect, identified...
Draining ourselves to finance an empire
Dear USA, I stand here alone, amidst the deafening sounds of blasts which tear through the limbs and pierce through the hearts of my...
Dr Sheikh meets leaders of major institutions, countries
Finance Minister Dr Abdul Hafeez Shaikh met with leaders of major financial institutions and countries and discussed cooperation for Pakistan’s development on the sidelines...
EU finance ministers break no new ground on debt crisis
EU finance ministers broke no new ground in dealing with the euro zone debt crisis in discussions over the weekend, instead absorbing some ideas...
Greece has cash until October, says deputy finance minister
Debt-laden Greece has cash to operate until next month, the country's deputy finance minister said on Monday, highlighting the country's need to qualify for...
Finance Ministry seeks details of MoU with China
Finance Minister Dr. Abdul Hafeez Shaikh has sought complete details of the memorandums of understanding (MOUs) signed with China along with their financial implications...
