Tag: Financial

Audit report finds irregularities of Rs300 billion in Punjab Finance Department

ISLAMABAD: The government of Punjab's financial record for the year 2015-16 show irregularities of around Rs300 billion, according to the Auditor General of Pakistan's...

Bill Gates announces increase in financial aid for Pakistan: report

ISLAMABAD: While praising the Pakistani government’s commitment to the eradication of polio, Chairman of Bill and Melinda Gates Foundation Bill Gates has committed that...

Head of Mexico’s Financial Intelligence Unit resigns: media reports

MEXICO CITY: The head of the Mexico’s Financial Intelligence Unit, a part of the finance ministry tasked with combating and preventing money laundering, resigned...

Mother poisons daughters over financial strife

BAHAWALPUR: In Ahmedpur Sharqia, a woman allegedly poisoned her two daughters after dispute with her husband over poverty issues. One of the girls has died...

‘Cliff’ concerns give way to earnings focus

Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa (AA.N), are expected to be only slightly better than the...

Financial reform’s breakthrough year

Here’s an odd prediction for the coming year: 2013 will be a watershed for financial reform. True, while the global financial crisis erupted more...

CM holds parleys with VCs over financial issues

Sindh Chief Minister Syed Qaim Ali Shah presided a meeting of vice chancellors of universities of Sindh at CM House and discussed certain issues...

Pak-US BIT seal delayed

The much-needed seal of Bilateral Investment Treaty (BIT) between Pakistan and the United States (US) has been delayed due to financial and defence related...

Need to complete financial sector reforms: IMF

Policymakers and bankers need to make a clear commitment to act now and lift the debilitating uncertainty plaguing the global financial system, International Monetary...

IFIs, MFIs should invest in Pakistan: speakers

Speakers and participants in a roundtable session stressed on the need for financing macro-level projects of renewable and alternative energy in Pakistan by International...

‘Rich’ Punjab govt closes fiscal year with surplus balance

Punjab Government has closed the financial year 2011-12 with a surplus cash balance of Rs.2.5 billion. This surplus balance was achieved despite the fact...

Haqqani network enjoys financial, logistic support from Pak, says report

As ISI chief Lt Gen Zaheer-ul-Islam held crucial talks with his CIA counterpart David Petraeus, a damning report by a prestigious US military academy...

Rs 110 million development schemes face delays

Due to the repeated changes and delayed assignment of development scheme, the City District Government has suffered funds lapse to the tone of Rs110.15...

Economy going to dogs: APML

All Pakistan Muslim League (APML) Finance Secretary Mansoor Moin has expressed deep concern over the poor financial condition of the country saying that due...

United good, disjointed bad

The global community must work together to meet the challenges thrown up by the global financial crisis and to ensure future stability and growth,...

Oops!

The outgoing financial year 2011-12 saw the country’s external account failing to repeat what the economic observers said the sterling performance of fiscal year...

74 universities in financial crunch awaiting Rs 12b

Seventy-four universities of the country are facing an acute financial crisis as they did not get Rs 12 billion of the Rs 44 billion...