The federal government provided a financial aid initiative under the Public Business and Agriculture Plan (PMYB & Als) to support potential workers abroad and young professionals. The initiative provides loans up to 1 million rupees for individuals who seek work abroad to cover training, travel and visa expenses. In addition, students, independents and young businessmen … Read more
IslamabadCredit exchange for the agricultural sector in Pakistan has increased to rupees. 1.26 trillion by the end of the first half of the fiscal year 2025 (fiscal year 25), close to its entire general goal of rupees. 2.5 trillion by the banking authority of commercial banks. This was revealed by the governor of the State … Read more
The government obtained Rs584.5 billion through the auction of treasury bills (T-bills), Pakistan Investment Bonds (PIBs), and Government Islamic Sukuk (GIS). This included Rs434 billion from treasury bills, Rs11.9 billion from general treasury bonds, and Rs138 billion from GIS auction across all periods. The GIS auction, conducted by the Pakistan Stock Exchange (PSX), attracted strong … Read more
Federal Finance Minister Imdadullah Bhosal informed the Senate Standing Committee on Finance on Wednesday that the current National Finance Commission award has significantly distorted Pakistan’s fiscal position, pushing the federal government to rely on high-interest loans, some at interest rates as steep as 8%. According to a news report, in a press conference chaired by … Read more