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Government & Politics

  • Former PM Named in Multi-Billion Rupee Sugar Subsidy Scam

    Special Assistant on Accountability and Interior Ministry and Chief of the Assets Recovery Unit (ARU) Barrister Shahzad Akbar have come up with new revelations. The minister has identified that the former Prime Minister Shahid Khaqan Abbasi gave a Rs. 20 billion subsidy to the sugar mafia during his tenure. Addressing a press conference, the minister…

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  • Govt will take special measures to facilitate local, foreign investors

    The government will take special measures to facilitate local and foreign investors to bring in more investment to Allama Iqbal Industrial City to accelerate the pace of development. The Allama Iqbal Industrial City is a prioritized special economic zone of Faisalabad Industrial Estate Development and Management Company (FIEDMC). While speaking to FIEDMC Chairman Mian Kashif…

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  • Punjab Minister for Industries and Trade reviews prices of chicken

    Punjab Minister for Industries and Trade Main Aslam Iqbal visited Tollinton market and other markets of provincial metropolis in Lahore and reviewed prices of chicken. The Minister expressed his grave concerns over high prices of chicken instead of fixed price. Talking to newsmen, he said that it was decided with Pakistan Poultry Association that during…

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  • Annual Budget to be Announced on June 12: Report

    The government of Pakistan has decided that the budget for 2020-21 will be announced on June 12, 2020, reported a local media outlet. According to the report, the Economic Survey for the fiscal year 2019-20 will be released on June 11, 2020, a day before the announcement of the next year’s 2020-21 budget. The budget-making…

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  • No New Taxes in The Upcoming Budget: PM Adviser

    Adviser to the Prime Minister on Economic Affairs Abdul Hafeez Sheikh has said that the government will not introduce any new taxes in the upcoming budget for 2020-21. Talking to a private news channel, Dr. Abdul Hafeez Shaikh said that the government will bring down duties to zero on many more items in the coming…

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  • Mobile Phone Imports Decline by 36% Due to the Coronavirus Pandemic

    The import of Mobile Phones into the country plummeted by 36.35% during April 2020 as compared to the corresponding period of last year due to the low demand and disruption in supply chains amid the coronavirus pandemic. Pakistan imported mobile phones worth $47.61 million, as compared to the imports of $74.81 million in the same month of…

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