IMF FBR

IMF Begin Talks: Government Initiates Discussions on Circular Debt Resolution

In a noteworthy development, the government has begin talks with the International Monetary Fund (IMF) to address and resolve the persisting issue of circular debt. This marks a proactive step towards finding comprehensive solutions to the challenges posed by the mounting circular debt, reflecting the government’s commitment to fiscal stability and effective energy sector management….

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PPL Approves Funding

PPL Approves Funding: Government of Balochistan’s Capital Contribution Secured for Lead-Zinc Mining Project

In a significant development, Pakistan Petroleum Limited (PPL) approves for funding aimed at facilitating the Government of Balochistan’s capital contribution to the Lead-Zinc Mining Project. This marks a crucial step forward in ensuring the financial support necessary for the initiation and progress of the mining venture, aligning with the broader objectives of fostering economic growth…

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FBR Project

FBR Project: Government Requests One-Year Extension for World Bank-Funded Initiative

In a notable development, the government has submitted a formal request seeking a one-year extension for the World Bank-funded project dedicated to the Federal Board of Revenue (FBR). This request signals a strategic move to address potential challenges or delays in the implementation of the project and underscores the government’s commitment to leveraging external support…

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Government Debt

Government Debt Surges, Exceeding Legal Limit by Rs. 14.5 Trillion

In a significant financial development, the government’s debt has experienced a substantial increase, soaring Rs. 14.5 trillion beyond the legally prescribed limit. This noteworthy escalation in government debt raises concerns about fiscal responsibility, financial management, and adherence to established legal boundaries. Key Aspects of the Surge: Magnitude of Increase: The surge in government debt by…

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Shell Pakistan

Shell Pakistan Conducts Free Eye Camps for Mechanics in Collaboration with LRBT

Shell Pakistan Limited (SPL) organized an eye camp for mechanics in partnership with Layton Rahmatulla Benevolent Trust (LRBT). The mechanics were provided free eye screening to ensure healthy eyesight. As part of its community outreach program, SPL, in collaboration with LRBT, has been providing eye testing to community members. The Chief Executive and Managing Director…

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Minister for Commerce

Minister for Commerce and Interior Visits OICCI to Address Investor Concerns

Dr Gohar Ejaz, minister for commerce and interior, along with Board of Investment (BoI) Secretary Sohail Rajput, visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on Wednesday to engage with foreign investors and discuss critical issues affecting Pakistan’s business landscape. During the meeting, OICCI CE/Secretary General M Abdul Aleem delivered a comprehensive briefing…

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