The Economic Coordination Committee (ECC) of the Cabinet met today with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing it virtually from China where he is attending the Boao Forum for Asia 2025, says an official statement of the Finance Ministry on Tuesday. The meeting was attended by …
Read More »NEPRA concludes hearing on IPP tariff revisions
The National Electric Power Regulatory Authority (NEPRA) has concluded its hearing on the tariff revision requests submitted by the Central Power Purchasing Agency (CPPA) and seven Independent Power Producers (IPPs). The final decision on consumer relief will be announced once NEPRA completes its review of the relevant data. During the …
Read More »Finance starts recruitment for TPO
The Ministry of Finance has advertised some of the posts to operationalize the Tax Policy Office (TPO) in response to the IMF’s requirements, taking a significant step forward by advertising key positions for recruitment. The office will see the appointment of a director general alongside five directors. The Director General …
Read More »IMF proposes Rs 15 trillion new tax target for Pakistan
The International Monetary Fund (IMF) has proposed setting a tax target of over Rs 15 trillion in the federal budget for the new fiscal year 2025-26. Additionally, there is a possibility that Pakistan may receive new financial targets as part of its ongoing economic program. According to sources within the …
Read More »PCC holds maiden meeting
The inaugural meeting of the Pakistan Crypto Council (PCC) was held today under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official statement of the Finance Ministry. The meeting was attended by key figures, including the CEO of the PCC, Bilal Bin Saqib, the …
Read More »Minister briefs ambassadors on PMIF 2025
Pakistan’s Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their respective countries to explore Pakistan’s vast mineral resources and investment opportunities. He encouraged foreign countries to participate in this transformative dialogue …
Read More »ECC approves TSGs
The Economic Coordination Committee (ECC) of the Cabinet met on Friday under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official statement of the Finance Ministry. The meeting was attended by Minister for Power, Sardar Awais Ahmed Khan Leghari, Minister for Petroleum, Ali Parvez …
Read More »Governor SBP optimistic on IMF deal
Governor of the State Bank of Pakistan, Jameel Ahmed, has stated that virtual discussions with the International Monetary Fund (IMF) are ongoing, and a staff-level agreement is expected to be finalized soon. Speaking with the media on Wednesday after the Public Accounts Committee (PAC) meeting at the Parliament House, he …
Read More »PAC summons PCB Chairman along with Champions Trophy expense details
The Public Accounts Committee (PAC) has summoned Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi for its next meeting and has requested details of the expenses incurred during the Champions Trophy. During a meeting chaired by Junaid Akbar, the PAC reviewed an audit para regarding the non-distribution of approximately Rs 2 …
Read More »CCP to take action against sugar cartelization
The Competition Commission of Pakistan (CCP) on Tuesday stated that it is closely monitoring the ongoing sugar crisis and warned that strict enforcement and policy actions will be taken if any anti-competitive activities are found. The CCP has been actively working to curb cartelization in the sugar industry, promoting fair …
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