The Power Division will submit a new Circular Debt Management Plan (CDMP) to the International Monetary Fund (IMF) and the World Bank, reported Business Recorder.The proposal will be submitted at the end of the current month with an innovative approach…

The banking sector of Pakistan has approved loans worth Rs. 30 billion against applications of approximately Rs. 90 billion under the government markup subsidy facility for low-cost housing finance, data released by the State Bank of Pakistan (SBP) sho…

The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for the issuance of green bonds in Pakistan. The guidelines provide an easy and efficient procedure for the issuance with the concise offering of documents/prospectus.All t…

Federal Board of Revenue (FBR) Chairman has constituted Anomaly Committee-Technical and Anomaly Committee-Business to identify and remove the technical and legal anomalies in the Finance Bill 2021.The Anomaly Committee-Technical will be chaired by Naee…

The rate of return on National Savings Schemes has been increased.According to the notification issued by the Ministry of Finance, the rate of interest on 10-year Defense Savings Certificates has been increased from 9.29 percent to 9.35 percent.The rat…

The Finance division has agreed to grant a 25 percent disparity reduction allowance to the employees of forteen Federal public sector universities.Documents available with ProPakistani said that the Finance division on Friday communicated to Higher Edu…