Pakistan recorded a financial deficit of 2.4 % of GDP – which reaches 2.97 trillion rupees – during the first nine months of the fiscal year 2024-25 (July 2024 to March 2025), as indicated at Topine Securities. This represents an improvement in the 3.7 % deficit registered during the same period last year. For January … Read more
Public sector universities in Khaybar Bakhtongua are struggling with severe financial challenges, which leads to delay in salary payments and pensions for both faculty and retirees. According to media reports, this caused great distress among university employees, and many of them struggle to meet the basic living expenses. The Coordination Council of Khyber Bakhtonguhua, which … Read more
In a recent session of the Khyber Bakhtongua Association, it was found that 129 out of 218 large industrial units in the province are currently struggling with financial crises, leading to a widespread closure. According to a news report, the Minister of Regional Industries, Abdel Karim, addressed the concerns raised by the MPA Sobia Shahid, … Read more
The federal government is considering reducing the average corporate tax and providing the broader tax exemptions in the coming budget for the fiscal year 2025-26, as it looks forward to supporting economic activity and creating job opportunities by taking advantage of the improved financial space that was created through low global oil prices and a … Read more
The government of Khyber Pakhtunkhwa (KP) launched an integrated information technology portal to enhance financial oversight, enhance transparency in public spending, and improve the provision of services through its public entities. The KP initiative is the first province in Pakistan to implement a digital financial monitoring system at the boycott level. The portal has been … Read more
Farzana Manzor Sharjah (United Arab Emirates): Sharjah has held the Pakistani Business Council (PBC) a great gathering “SUHOOR” in a famous beach resort. This event was sowing distinguished guests, including:Hussein Muhammad Khan (Consul General of Pakistan to the Emirates); Sheikh Muhammad Jamal Al -Qassimi (member of the Ruling Sharjah family); Ahmed Mohamed Obaid Al -Naboodah … Read more
IslamabadMaqbool Alam, Secretary-General of the Pakistani Businessmen Forum (PBF), expressed his great concern on Monday due to the great financial losses suffered by Pakistani traders due to strict plant protection measures on the Gabd-REMDAN PAK-JAN border. In a media statement, Allam revealed that large quantities of watermelon, among the other damaged goods, were wasted, causing … Read more
The National Railways Committee has informed the National Assembly that a delegation of Chinese experts is expected to visit Pakistan later this month to finish the finishing touches on the financial plan for the main Line-1 project. After approval of the financial plan, the bidding process will start, allowing the construction to start. Headed by … Read more
Private correspondent Karachi: Zyoddin University has successfully conducted the first Pakistan workshop on good financial grants (GFGP), the world’s first international standard for financial governance and grant management. This pioneering event showed the university’s firm commitment to progress in global financial governance practices and enable specialists in granting tools for transparency and efficiency.The two -day … Read more
Federal Investigation Agency (FIA), Corporate Crime Branch, Lahore, conducted a major operation against illegal Indian hawala activities, leading to the arrest of seven individuals involved in unauthorized currency exchange operations. According to a spokesman for the Federal Investigation Agency, a case has been registered against a nine-member gang operating in the area. The individuals identified … Read more