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Results for "Pakistani Government"

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Pakistan Awaits President's Assent for Judicial Appointments
Politicsexpress-tribune20d ago

Pakistan Awaits President's Assent for Judicial Appointments

The Pakistani government states that the Pakistan Peoples Party (PPP) is dissatisfied with the Judicial Commission of Pakistan (JCP) for not considering its nominees for high court judges, as the president's assent for appointments is still pending.

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.

Politics Influences Pakistan's Tax Reform Efforts
PoliticsDawn2mo ago

Politics Influences Pakistan's Tax Reform Efforts

The Pakistani government is marketing its new 'small trader scheme' as a tax reform to bring retailers into the tax net and generate Rs50 billion annually, though analysis suggests it is more a negotiated settlement influenced by political considerations.

GSMA Urges Stronger Coordination for Pakistan's Digital Future
Businessexpress-tribune20d ago

GSMA Urges Stronger Coordination for Pakistan's Digital Future

The GSMA is advocating for stronger coordination as the Pakistani government begins its 5G rollout. The organization emphasizes that the country's digital future depends more on effective delivery than on policy alone, noting a narrowing gender gap in digital access.

Pakistan Government Increases Fuel Prices
BusinessDawnexpress-tribune1mo 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 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 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 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 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 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 Reopens Offshore Oil Exploration After Two Decades
FinanceDawn2mo ago

Pakistan Reopens Offshore Oil Exploration After Two Decades

The Pakistani government has awarded two dozen offshore blocks for oil and gas exploration, marking the first such initiative in nearly 20 years. This move is expected to attract an initial investment of $82 million during the first phase of a three-year licensing period.

Chinese Investors Target Pakistan's EV Sector
Businessexpress-tribune3mo ago

Chinese Investors Target Pakistan's EV Sector

Chinese investors are showing significant interest in Pakistan's electric vehicle (EV) sector, particularly in assembly and battery manufacturing, as the Pakistani government finalizes its EV Battery Policy.

Trump Extends Iran Ceasefire Amid Blockade and Strait Tensions
WorldAPReutersBBC+79bloombergNYTwsjFTwapoThe GuardianAl JazeeraCNN+71 more3mo ago82 sources

Trump Extends Iran Ceasefire Amid Blockade and Strait Tensions

President Trump extended a ceasefire with Iran, stating it would last until Iran presents a proposal and talks conclude. This decision comes amidst ongoing US blockades and tensions in the Strait of Hormuz, where Iranian-linked tankers have reportedly bypassed sanctions.

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 Adjusts Fuel Prices for August 12
PoliticsDawnexpress-tribune6d ago2 sources

Pakistan Adjusts Fuel Prices for August 12

The Pakistani government has announced new fuel prices effective August 12, decreasing petrol by Rs1.70 per liter while increasing high-speed diesel by Rs1.39 per liter.

Pakistan Govt Signs Agreements with Pension Fund Managers
BusinessDawn13d ago

Pakistan Govt Signs Agreements with Pension Fund Managers

The Pakistani government has executed agreements with 16 companies to establish separate pension funds, aiming to provide death and disability risk cover for employees. A non-banking finance company will also be set up to assist in the implementation and monitoring of the new pension scheme.

Pakistan Government Reduces Petrol and HSD Prices
Politicsexpress-tribune17d 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
FinanceDawn25d 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 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.