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Pakistan Government Rules Out Wheat Shortage
BusinessDawn1mo ago

Pakistan Government Rules Out Wheat Shortage

The federal government of Pakistan has dismissed concerns about a wheat shortage, announcing that seasonal production targets have been met. The country's wheat output is estimated to be 1.36 million metric tonnes higher than the previous year.

Pakistan government rehires bureaucrats at PARCO
Businessexpress-tribune1mo ago

Pakistan government rehires bureaucrats at PARCO

The Pakistani government has rehired bureaucrats at Pakistan Arab Refinery Limited (PARCO), an entity where the UAE holds a 40% stake, with board members reportedly entitled to $3,500 per meeting.

Pakistan Government Reduces Petrol and Diesel Prices
BusinessDawnexpress-tribune2mo ago2 sources

Pakistan Government Reduces Petrol and Diesel Prices

The Pakistani government has announced a reduction in the price of petrol by Rs4 and high-speed diesel by Rs2, effective immediately. This decision aims to provide relief to consumers amidst fluctuating global oil prices.

Pakistan Government Considers Export Tax Reforms
BusinessDawn2mo ago

Pakistan Government Considers Export Tax Reforms

The Pakistani government is reportedly considering scrapping the 1% advance export tax in the upcoming budget, a move that could provide Rs100bn relief. The textile sector is pushing for broader reforms, including refunds and lower energy costs, citing a 68% tax burden eroding competitiveness.

Pakistan Government Apologizes for Excessive Loadshedding
PoliticsDawn4mo ago

Pakistan Government Apologizes for Excessive Loadshedding

The Pakistani government has apologized to power consumers for higher-than-promised "load management," attributing the issue to lower water availability for hydropower generation. The Power Division issued a statement expressing regret for the additional power outages.

Pakistan Government Reduces Petrol and HSD Prices
Politicsexpress-tribune15d ago

Pakistan Government Reduces Petrol and HSD Prices

The Pakistani government announced a reduction in petrol prices by 12 paisas and High-Speed Diesel (HSD) by 66 paisas for the next three days, setting new prices at Rs336.03 per litre for petrol and Rs392.38 for HSD.

Pakistan Government Seeks Borrowed Dollars for Economic Growth
FinanceDawn23d ago

Pakistan Government Seeks Borrowed Dollars for Economic Growth

The Pakistani government is reportedly preparing to transition to high economic growth by securing borrowed dollars, leveraging geopolitical services. This strategy follows efforts to stabilize the economy, which have not been accompanied by successful reforms.

Pakistan Government Raises Petrol and Diesel Prices
Businessdelfi-ltDawnexpress-tribune+1vanguard-ng1mo ago4 sources

Pakistan Government Raises Petrol and Diesel Prices

The Pakistani government has announced a significant increase in the prices of petrol and diesel. Petrol prices rose by Rs13.18 and diesel by Rs13.80, impacting consumers across the country.

Pakistan Government Considers IFRS Exemption for Energy SOEs
Politicsexpress-tribune1mo ago

Pakistan Government Considers IFRS Exemption for Energy SOEs

The Pakistani government is considering an exemption from International Financial Reporting Standards (IFRS) for energy State-Owned Enterprises (SOEs). However, the CMU opposes a five-year relief, warning of hidden fiscal risks and potential Rs500 billion losses.

Pakistan Government Slashes Petrol and Diesel Prices
Businessexpress-tribune1mo ago

Pakistan Government Slashes Petrol and Diesel Prices

Pakistan's Prime Minister Shehbaz Sharif announced that the government has fulfilled its promise to the nation by slashing petrol prices by Rs74 and diesel by Rs67 per liter, thanking the public for their support during difficult times.

Pakistan Government Increases Levy on High-Octane Fuel
BusinessDawnexpress-tribune4mo ago2 sources

Pakistan Government Increases Levy on High-Octane Fuel

The Prime Minister of Pakistan has directed an increase of Rs200 per litre on the levy for high-octane fuel, specifically targeting luxury cars to ease the fuel crisis while keeping prices for ordinary vehicles unchanged.

Pakistan Government Increases Fuel Prices
BusinessDawnexpress-tribune28d ago2 sources

Pakistan Government Increases Fuel Prices

The Pakistani government has announced an increase in petrol prices by Rs5.44 per litre and high-speed diesel by Rs31.05 per litre, effective immediately. This adjustment brings petrol to Rs316.15 and HSD to Rs354.35 per litre.

Pakistan Government Rethinks Auto Tariffs
Politicsexpress-tribune1mo ago

Pakistan Government Rethinks Auto Tariffs

The Pakistani government is scrambling to reconsider its auto tariff policy, with customs duties on cars and jeeps expected to be slashed by 25-50% under the National Tariff Policy, amidst clashes between ministries.

Pakistan Government Plans Full Digitisation of PTV and PBC
Politicsexpress-tribune2mo ago

Pakistan Government Plans Full Digitisation of PTV and PBC

The Pakistani government intends to fully digitize the Pakistan Television Corporation (PTV) and Pakistan Broadcasting Corporation (PBC). A National Centre for Brands Development has also been proposed, though without detailed funding or a roadmap.

Businessexpress-tribune2mo ago

Pakistan Government Sets 4% Growth Target

The Pakistani government has approved a 4% growth target for the economy, with the APCC also setting an 8.2% inflation goal as imports are projected to exceed $70 billion.

Pakistan Government Plans 20,000 AI Training Programs
Technologyexpress-tribune3mo ago

Pakistan Government Plans 20,000 AI Training Programs

Pakistan's Ministry of Information Technology and Telecommunication (MoITT) is planning to launch 20,000 artificial intelligence training programs with the goal of upskilling millions of people. Concerns about infrastructure and quality of these programs have been raised.

Pakistan Government Absorbs Fuel Price Hike Amid Global Shocks
Businessexpress-tribune5mo ago

Pakistan Government Absorbs Fuel Price Hike Amid Global Shocks

The Pakistani government has absorbed a Rs77 fuel price hike, though it remains unclear if this will involve cutting oil levies or reimbursing oil marketing companies and refineries. This decision comes amidst global economic shocks and rising energy costs.

Pakistan Government Hikes Kerosene Price by 70%
BusinessDawnexpress-tribune5mo ago2 sources

Pakistan Government Hikes Kerosene Price by 70%

The Pakistani government has increased the price of kerosene by almost 70%, adding Rs130 to reach Rs318.81 per litre, following earlier hikes in petrol and high-speed diesel prices.