The government has assured oil companies and the oil sector that it will resolve all the issues of the oil industry. This was affirmed by Minister of State for Petroleum Dr. Musadik Malik who chaired a high-level meeting with representatives

The International Monetary Fund (IMF) has told the Government of Pakistan to narrow the budget deficit down to 4.9 percent of the GDP for the next fiscal year. This is to achieve fiscal stability by reducing expenditures and increasing revenue

National Electric Power Regulatory Authority (NEPRA) Thursday approved an increase of Rs. 7.91 per unit in the price of electricity and issued a notification to this effect. The per-unit price of electricity has been increased from Rs. 16.91 to Rs.

The Federal Board of Revenue (FBR) has streamlined the Administrative Structure of the Directorate General of Internal Audit-Inland Revenue (IR) responsible for detecting internal loopholes, irregularities, mismanagement, and corruption within the tax department. According to the FBR’s instructions issued to

Finance Minister Miftah Ismail Thursday said that the terms and conditions for refinancing of $2.3 billion deposit by Chinese banks (about RMB 15 billion) have been agreed.  “The terms and conditions for refinancing of RMB 15 billion deposit by Chinese