Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Award, claims, Finance, Ministry, NFC, obligations, outstanding, rejects

December 20, 2025

News Desk

The Ministry of Finance rejects claims for outstanding obligations under the NFC Award

A money changer measures out Pakistani currency in a market in Karachi. — AFP/File The ministry says NFC stocks were released to the provinces every fortnight. The KP stake was determined under the seventh NFC award: finance ministry. Center for financing the expenses of the newly merged regions: ministry. The finance ministry on Saturday clarified that the federal government had no outstanding obligations under the National Finance Commission (NFC) to the provinces, saying the provincial NFC shares were being released on a fortnightly basis. The clarification comes in the wake of allegations by Khyber Pakhtunkhwa (KP) Chief Minister Sohail Afridi

December 14, 2025

News Desk

No new IMF conditions, reforms align with agenda: finance ministry

The logo of the International Monetary Fund (IMF) is seen outside its headquarters building in Washington, U.S. on September 4, 2018. — Reuters The MEFP measures part of a gradual reform agenda: Ministry The EDF is designed to support medium-term structural reforms. The actions in the MEFP are derived from forms already undertaken by the government. The finance ministry on Sunday ruled out imposing any new conditions under the International Monetary Fund’s (EFF) loan programme, saying the lender’s structural benchmarks were in line with its own reform programme. “The measures outlined in the latest Memorandum of Economic and Financial Policies

November 23, 2025

News Desk

The ministry says rooftop solar generation will exceed grid demand at some nodes next year

Pakistan’s rooftop solar generation will, for the first time, exceed the energy demand on the country’s electricity grid during the day in some major industrial areas next year, a senior government official said Reuters. The outlook reflects a record boom in the nation’s solar panel installations in recent years, which has led to lower emissions and reduced power bills for some, but also disrupted the finances of debt-laden utilities due to a prolonged decline in demand for electricity from the grid. “Pakistan will face negative demand from the grid during certain hours of the day because the solar power behind

November 9, 2025

News Desk

China ends ban on exports to US of certain ‘dual-use’ materials: Ministry

U.S. and Chinese flags are seen before a meeting between senior defense officials from both countries at the Pentagon in Arlington, Virginia, U.S., November 9, 2018. Reuters The suspension covers exports of gallium, germanium and antimony. The suspension of the export ban will remain in effect until November 27, 2026. Ban on targeted metals used in semiconductors and defense technology. BEIJING: China has suspended an export ban to the United States that targeted gallium, germanium and antimony, metals vital to modern technology including semiconductors, Beijing’s commerce ministry said on Sunday. The restrictions banned the export of “dual-use” goods, materials that

November 4, 2025

News Desk

CCP seeks steel ministry to revive Pakistan’s ailing industry

Pakistan’s competition watchdog calls for national steel policy, dedicated ministry to rescue troubled sector Islamabad: The Competition Commission of Pakistan (CCP) has recommended overhauling the steel industry by announcing a national policy and establishing a special ministry to revive the sector, which is struggling to survive in the face of many challenges. The CPC on Monday released a report titled “Steel Sector Competition Assessment Study in Pakistan”. He cited the example of Pakistan Steel Mills (PSM), which has collapsed, leaving liabilities of Rs 400 billion. The Commission also highlighted the key competition-related challenges facing the industry. The study pointed to

October 29, 2025

News Desk

India to invite Pakistan to 2030 CWG: Indian Sports Ministry

The decision was taken to avoid jeopardizing India’s chances of hosting the 2036 Olympics by boycotting Pakistan India also hosted the Commonwealth Games in 2010. PHOTO: AFP India will host Pakistan at the 2020 Commonwealth Games, several Indian media outlets reported on Wednesday. The decision appears to have come so as not to jeopardize India’s chances of hosting the 2036 Olympics by boycotting Pakistan in international events. “The Government of India has always been clear in its stand regarding Pakistan’s political enemy in multilateral tournaments. The attitude of the government is fully justified now. “Boycotting Pakistan would be detrimental to

October 1, 2025

News Desk

The economy maintains a stabilization, growth track despite floods: the ministry

Representative image of people buy pulses and seeds in a wholesale market. – AFP/file Exports increase by 10%, remittances rise by 7% in July -August. The LSM sector publishes 9% annually in July. CPI inflation is reduced to 3% in August compared to 9.6% last year. ISLAMABAD: The country’s economy maintained the trajectory of stabilization and development during the first two months of current use, despite severe flood disorders, the Treasury said here on Tuesday. The economy has shown stability supported by inflation mitigation, large -scale power (LSM) and improving fiscal discipline, according to “monthly financial information and perspective” for

September 24, 2025

News Desk

Russia’s Ministry of Finance proposes an increase in VAT to finance war in Ukraine

The Russian Ministry of Finance has proposed to increase the rate of value added on Wednesday to 22% from 20% in 2026 to fund military spending on the fifth year of the war in Ukraine. The proposal comes as US President Donald Trump called Russia a “paper tiger” for “unnecessary battles for three and a half years” and said President Vladimir Putin and Russia were in a “big financial problem”. Putin marked last week that he was open to raising certain taxes to make financial limbs meet during the war, noting that the United States had increased taxes on rich

September 15, 2025

News Desk

The Ministry of Law remains over $ 20 billion in its weapons

Islamabad: The Ministry of Law has denounced the Petroleum Ministry’s preference for the awarding of $ 20 billion LNG to the GDF-Suez transnational consortium. Officials at the Ministry of Law issued the second consecutive legal opinion condemning the agreement favored by the Ministry of Petroleum. The stakes are high, as it appears from the fact that the lawyer SM Zafar has dealt with RS7 million to defend the Petroleum Ministry’s decision to assign the contract to the Franco-America consortium, GDF-Suez. This is an unusual precedent for every government institution. The attempt to persuade members of the Financial Coordination (ECC) to

August 24, 2025

News Desk

289 Palestinians, including 115 children, die of hunger: Gaza Ministry of Health

The Ministry of Health in Gaza said on Sunday that 289 Palestinians, including 115 children, died of hunger amid the ongoing starvation crisis in the enclave. Munir Al-Bursh, Director of the Ministry, prescribed Al Jazeera That the situation required a huge humanitarian response, warning that the authorities were “in a race against time to deal with famine”. He said that eight Palestinians, including a child, had died of food shortages in the last 24 hours. In addition, at least 16 Palestinians have been killed in all Enclave medical sources. The victims included at least seven assistance applicants killed while waiting

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com