Tag: Subsidy

The incoming Pakistan Muslim League-Nawaz government will face an additional subsidy burden of Rs200 billion as the Ministry of Law rebuffed the possibility of...

Ministry of Commerce may give subsidy to exporters on Reefer Containers shipments for the continuity of kinnow export target, as GRI (General Rate Increase)...

The Finance Ministry has released Rs10 billion to the Ministry of Water and Power for making payments against dues to Pakistan State Oil (PSO)...

The government has spent around Rs. 45 billion as fertilizer subsidy during last 10 months of the current fiscal year aimed at boosting agriculture...

The federal government has earmarked Rs 208.595 billion in subsidies for the next fiscal year against last year’s allocation of Rs 166.448 billion, showing...

Kisan Board Pakistan (KBP) strongly reacting to the news of withdrawal of subsidy on imported urea bag and increasing its prices by Rs300 per...

The State Bank of Pakistan (SBP) on Monday announced the release of third installment of mark-up rate subsidy on business loans for the period...

The government has decided to grant a Rs 2.2 billion subsidy to consumers at state owned utility stores during Ramadan, Minister for Industries Pervaiz...

The Senate Standing Committee on Finance was informed on Thursday that the government was forced to provide a subsidy of Rs 295.8 billion on...

With the federal government eyeing to subsidise the power tariff up to Rs74 billion during the fiscal year 2011-12, analysts deem the achievement of...

Though the government claims to have instilled stability in prices during the next financial year through a public friendly budget, the huge reduction in...

With the power subsidy escalating to Rs 128 billion during the July-May period of the current fiscal year the government has worked out a...

The resource constrained government is unable to address Rs2 billion in claims of textile exporters under the mark up rate subsidy scheme. Funds released...

All Pakistan Cement Manufacturers Association (APCMA) Chairman Aizaz Mansoor Sheikh has called on the Federal Minister for Finance Dr Abdul Hafeez Sheikh to release...

The National Assembly Standing Committee on Finance was told on Wednesday that the government was aiming to end all subsidies in the next fiscal...

KARACHI - Cash-strapped governments of Punjab and Sindh, exporting millions of tonnes of excess wheat through the private sector to fulfill their budgetary needs, have announced a subsidy of Rs 600 per tonne on expedited exports of the commodity.
The conditional subsidy would, however, be given on those consignments that would have been dispatched before April 30, 2011, eve of the next wheat procurement season. If calculated on the basis of given initial export target of three

ISLAMABAD - Finance Minister Dr Abdul Hafeez Shaikh on Friday said the government was considering giving targeted subsidy on the petroleum products to the low income groups.
Talking to media at the golden jubilee celebration of Institute of Charter Accountants of Pakistan (ICAMP), the minister said the proposal would be considered for implementation if the prices of petroleum products go up further in the international market.
"Presently even the rich who could afford the