federal

The MUSK Federal Cost Conditions Committee aims at the US International Development Agency operations – Trendy Blogger

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The MUSK Federal Cost Conditions Committee aims at the US International Development Agency operations – Trendy Blogger

Elon Musk, who leads the initiative of US President Donald Trump in federal costs, announced on Monday that the ongoing efforts to close the United States Agency for International Development (USA International Development Agency). During a discussion of X, Musk said that the US Agency for International Development “is not reformed” and that Trump supports … Read more

PepsiCo is facing a lawsuit with the US Federal Trade Commission over allegations of price discrimination – Trendy Blogger

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PepsiCo is facing a lawsuit with the US Federal Trade Commission over allegations of price discrimination – Trendy Blogger

The US Federal Trade Commission (FTC) filed a lawsuit against PepsiCo, Inc. on Friday, alleging that the company engaged in illegal price discrimination by providing unfair pricing advantages to large retailers. The complaint alleges that PepsiCo provided promotional payments and other benefits to the retailer while increasing prices for competitors. Lina M said: “When companies … Read more

Federal Ministries and Departments Failure to Comply with RTI Act: FAFEN – Trendy Blogger

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Federal Ministries and Departments Failure to Comply with RTI Act: FAFEN – Trendy Blogger

ISLAMABAD: The Free and Fair Elections Network (FAFEN) has revealed that most federal ministries and their departments do not meet the proactive disclosure requirements imposed by the Right to Information (RTI) Act 2017. Favin warned that this shortage promotes the spread of misinformation and disinformation. She stressed that the lack of reliable and timely information … Read more

NA Commerce Committee urges recovery of dues from federal and provincial governments – Trendy Blogger

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NA Commerce Committee urges recovery of dues from federal and provincial governments – Trendy Blogger

The Standing Committee on Trade of the National Assembly stressed the need to recover dues owed by the federal and provincial governments, during its seventh meeting today, Saturday. The committee, headed by Muhammad Jawad Hanif Khan, reviewed export strategies and discussed ways to enhance trade competitiveness. The Ministry of Commerce briefed the Committee on the … Read more

Dr. Tauqeer Shah is likely to join the federal government as an advisor or special assistant – Trendy Blogger

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Dr. Tauqeer Shah is likely to join the federal government as an advisor or special assistant – Trendy Blogger

Dr. Tauqeer Shah, who is currently Alternate Executive Director of the World Bank Group, is likely to be appointed as an advisor or special assistant in the federal government, according to reports. The official notification is expected to be made in the coming days. Dr. Shah, a close aide of Prime Minister Shehbaz Sharif, has … Read more

The US Federal Reserve ends enforcement actions against the National Bank of Japan – Trendy Blogger

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The US Federal Reserve ends enforcement actions against the National Bank of Japan – Trendy Blogger

The National Bank of Pakistan (NBP) has achieved a significant regulatory milestone by ending two long-standing enforcement actions by the US Federal Reserve. This development represents a pivotal moment in the bank’s efforts to enhance compliance and governance across its operations. The Federal Reserve announced that the cease and desist order, which had been in … Read more

Federal government debt to rise by 3.9 trillion rupees in 2024 – Trendy Blogger

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Federal government debt to rise by 3.9 trillion rupees in 2024 – Trendy Blogger

The federal government’s reliance on loans continued in 2024, with its total debt increasing by 3,919 billion rupees during the year, according to a document issued by the State Bank of Pakistan (SBP). This increase is due to the significant increase in domestic debt, while external debt has witnessed a decline. Data from the State … Read more

Federal development spending slows to Rs 115 billion amid fiscal constraints – Trendy Blogger

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Federal development spending slows to Rs 115 billion amid fiscal constraints – Trendy Blogger

The federal government’s development spending slowed to Rs115 billion in the first five months of the fiscal year due to fiscal constraints, far below the Rs376 billion allowed under the Public Sector Development Program (PSDP) for 2024-25. The Ministry of Planning authorized significant spending from July to November, but actual spending represented only 10% of … Read more

Punjab and federal authorities are intensifying their efforts to support small and medium enterprises – Trendy Blogger

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Punjab and federal authorities are intensifying their efforts to support small and medium enterprises – Trendy Blogger

Regional and federal authorities have announced important initiatives targeting access to financial services, capacity building, and ecosystem development. Punjab Prime Minister Maryam Nawaz Sharif has unveiled plans to stimulate the growth of SMEs in the province by introducing two financing schemes: the “Business Card” and the “Prime Minister’s Easy Business Financing Scheme”. These initiatives aim … Read more

Federal government debt fell by 456 billion rupees in October – Trendy Blogger

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Federal government debt fell by 456 billion rupees in October – Trendy Blogger

The federal government’s total debt stock fell by Rs456 billion in October 2024, driven by record profit remittances from the State Bank of Pakistan (SBP) and continued debt servicing. According to data released by the State Bank of Pakistan, total debt stood at 69.114 trillion rupees at the end of October, down from 69.570 trillion … Read more