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Tag: fiscal responsibility

Govt debt
Business
  • Web Desk
  • Feb 07, 2024
Pakistan retires Rs84.34 billion debt, total borrowing reaches Rs2.34 trillion

The government of Pakistan successfully retired a debt of Rs84.34 billion during the week ending January 26, 2024.

PIA plane inspection and airport management inspection by Canadian delegation
Business
  • Web Desk
  • Jan 10, 2024
PM Kakar pushes for swift and transparent privatisation of PIA

Caretaker Prime Minister (PM) Anwaar-ul-Haq Kakar has issued directives to expedite the transparent process of privatisation for PIA.

Pakistan's debt and interest payments
Business
  • Web Desk
  • Jan 09, 2024
Debt dilemma: Pakistan’s high bank borrowings defy revenue success

In a disconcerting development, the government of Pakistan’s borrowings from banks have witnessed a troubling upward trend, raising alarms about the country’s deepening debt situation and casting shadows over its poised positive economic outlook.

driving licence fees
Pakistan
  • Web Desk
  • Jan 05, 2024
Driving licence issuing process accelerated in Lahore

The Chief Minister (CM) of Punjab Mohsin Naqvi has revealed significant reduction in the time it takes to obtain driving licence in Lahore.

Pakistan Railways
Pakistan
  • Web Desk
  • Jan 03, 2024
Pakistan Railways records revenue of over Rs40 billion

Pakistan Railways recorded a remarkable revenue of Rs41 billion during the initial half of the financial year 2023–24.

PIA plane inspection and airport management inspection by Canadian delegation
Business
  • Web Desk
  • Oct 23, 2023
PM Kakar demands timely updates on PIA privatisation

PM Kakar once again instructed the relevant authorities to expedite the privatisation process of Pakistan International Airlines (PIA).

no more free electricity for power company employees
Business
  • Web Desk
  • Oct 09, 2023
Power sector officials to receive cash benefits instead of free electricity

In a significant policy shift, the government has undertaken preparations to extend financial facilities to officers of electricity companies in lieu of the existing provision of free electricity.

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Nousheen becomes the first citizen to receive Germany’s prestigious Georg Forster Research Award
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