Government & Politics

  • The Economy is Showing Signs of Recovery: Federal Cabinet

    During a briefing on the situation in the financial sector and the real economy, the federal cabinet was informed that there is a positive trend of recovery in the economic process and the financial indicators are showing improvement. The cabinet expressed satisfaction over a significant reduction in current account deficit and an increase in remittances…

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  • KP Govt launches economic recovery plan

    The government of Khyber Pakhtunkhwa has launched a three-year economic recovery plan to overcome the socio-economic fallout caused by the Covid-19 in the province. According to details, under the recovery plan twenty-nine billion will be spent on the development of nine key sectors of Khyber Pakhtunkhwa. The economic recovery plan will help to stabilize the…

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  • Govt Identifies Customs Officers Involved in Tax Evasion at Torkham Border

    The National Assembly Standing Committee on Finance, Revenue, and Economic Affairs have identified administrative loopholes and procedures adopted by the customs authorities at Torkham Border and directed the Federal Board of Revenue (FBR) to share the details regarding the officers and officials involved in the scam including the actions taken against them. The 43rd meeting…

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  • PM’s Finance Advisor Removed From National Finance Commission

    The federal government has removed the prime minister’s adviser on finance, Abdul Hafeez Sheikh from the National Finance Commission. According to details, the Government of Pakistan has withdrawn its previous notification and has issued a new one. The new notification on the establishment of NFC has been submitted in the Islamabad High Court (IHC) by…

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  • PAD implements PM’s Agri Emergency Program to increase rice production

    The Punjab Agriculture Department is implementing the five-year Prime Minister’s Agricultural Emergency Program to increase rice production in the province. The Departmental spokesperson Najaf Abbas said that six billion three hundred sixty million rupees has been allocated to achieve the targets for the fiscal year of 2020-21. He said that fifty percent subsidy is also…

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  • Sindh Govt urged to announce wheat release policy 2020-21

    Ministry of National Food Security has urged the Sindh Governments to announce its wheat release policy for the year 2020-21 in order to stabilize wheat demand and supply at affordable prices. According to an official of the Ministry, the release of wheat from public sector stocks has brought significant stability in prices of wheat and…

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  • Govt designing long-term LPG policy to increase its local production, price stability: Nadeem Babar

    Prime Minister’s Special Assistant on Petroleum Nadeem Babar says the government is designing long-term liquefied petroleum gas policy to increase its local production and price stability, while ensuring uninterrupted supply of the commodity. He was talking to joint delegation of LPG Industry Association that called on him in Islamabad today (Monday). The Special Assistant said…

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August 2020

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Yes, it is true that the Business Observer does what its name reveals, means covering the news from all the industries, which are putting their efforts into accelerating the economy of Pakistan. The website is the trustworthy business news website and its name is taken among those business websites of Pakistan.

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