The government should separate itself from the process of gas tariff implementation: IMF
The government has earmarked Rs 362.7 billion for education sector including Rs 35.8billion for higher education and Rs 326.9billion for elementary and secondary education with an increase of 13 percent.
Nepra has invited feedback from stakeholders within 7 days
The announcement was made by Punjab CM Maryam Nawaz.
The Ministry of Finance will announce the new prices on the night of May 31.
Economists said people hide their wealth in their lockers in dollars and Rs5,000 notes.
Khyber Pakhtunkhwa Finance Minister Aftab Alam said he will present the budget 2024 on May 24, for which the assembly’s session has been summoned at 3pm.
The plan given to IMF depicted an increase of Rs100 to Rs400 increase
On the contrary, he noted a substantial increase in the adoption of solar net metering over the past five to six years, a trend he attributes to the significant reduction in solar panel prices in Pakistan.
Diabetes and hypertension medicines will see sharp rise.
IMF and Islamabad set a target to increase the number of BISP beneficiaries to 20 million
Last year, Rs1.57tr was allocated for defence affairs and services.
The global lender also expressed dissatisfaction with Islamabad's efforts.
Finance Minister Muhammad Aurangzeb expressed hope for a larger bailout programme from the IMF.
Attributing the decision to dwindling gas reserves and resultant low pressures within their infrastructure, SSGC underscores the necessity of this measure to stabilize their gas distribution network.
The Washington-based lender aims to transform the existing GST scheme.
The Chief Minister had set a deadline for the federal government to tackle the issue, cautioning that he would assume control of the grid station if the problem persisted.
As many as 100,000 tonnes of mangoes will be exported this year
IMF proposed tax on non-filers, salaried persons and imported luxury equipment.
Nepra has called a public hearing on the matter on May 23.
Pakistan has to pay $60 billion to the IMF in the next three years.
Following these adjustments, the new prices stand at Rs 273.10 for petrol, Rs 274.08 for high-speed diesel, and Rs 161.17 for light diesel.
The Federal Board of Revenue (FBR) has suggested raising the advance tax rate from 0.6 per cent to 0.9 percent for non-filers on cash withdrawals in the upcoming budget year. This proposal has received a nod from the IMF.
Sources said electricity tariffs might increase by up to Rs7 per unit.
The privatisation process of PIACL , among other entities, will be broadcast live for transparency
According to sources, one telecom company has challenged the IGTO in court.
The current price of petrol is Rs288.49 per litre.
The land is situated in front of the US Consulate office in the port city.
The premier appreciated the World Bank’s support in the development of Pakistan
This move is poised to inflict hardships on households and industries alike, exacerbating their financial woes.