Federal Minister of National Food Security and Research Syed Fakhar Imam has stated that the Government of Pakistan is committed to achieving the United Nations (UN) Sustainable Development Goals (SDGs), particularly the zero hunger goal, by establishi…

The Deposit Protection Corporation has increased the guarantee amount for all the eligible depositors of banks from Rs. 250,000 to Rs. 500,000.The decision was made by the members of its board in their meeting on 6 September.This increased guarantee am…

The Federal Board of Revenue (FBR) has categorically rejected that dollars are being smuggled from Pakistan across the Pakistan-Afghanistan border.A press release issued by FBR on Friday states: “FBR has categorically rebutted the unfounded, malicious …

Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Executive Committee of the National Economic Council (ECNEC) today.The ECNEC considered and approved a summary presented by the Planning Commission regarding …

The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRs) for Consumer Financing. This targeted step will help moderate the demand growth in the economy, leading to a slower import growth and thus supporting the balance of payments.The …

Karachi’s power distribution company, K-Electric (KE), has requested the National Electric Power Regulatory Authority (NEPRA) to increase the price of electricity by Rs. 0.97 per unit for the month of August.A notification revealed that KE has sought R…