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ECC approves over Rs 50 Bn in TSGs

–Key policy measures across multiple sectors Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Thursday approved a series of Technical Supplementary Grants (TSGs) and policy decisions involving more than Rs. 50 billion across development, security, …

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Vacant posts review rattles CDA staff

Riaz Malik ISLAMABAD: A routine administrative exercise at the Capital Development Authority (CDA) to compile data on vacant posts has triggered unease among employees, who fear it may signal broader restructuring in the offing. The CDA currently has over 19,000 approved posts across various grades, of which nearly 7,500 remain …

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Fixed tax scheme for small shopkeepers introduced

BeNewz Report ISLAMABAD: The federal government has announced a new fixed tax scheme for small shopkeepers, marking a significant step toward simplifying the country’s tax structure and improving compliance among small-scale traders. The announcement was made by Minister of State for Finance Bilal Azhar Kayani during a joint press conference …

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SPI falls 0.56% as fuel, chicken prices ease

Aftab Maken ISLAMABAD: Pakistan’s weekly inflation, measured through the Sensitive Price Indicator (SPI), declined by 0.56 percent for the week ending June 4, 2026, mainly due to lower prices of petroleum products and chicken, according to the latest data released by the Pakistan Bureau of Statistics (PBS). The weekly decline …

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BP Singapore wins LNG cargo tender at highest price

Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has awarded the lowest evaluated bid for the supply of a spot liquefied natural gas (LNG) cargo to BP Singapore after completing the financial evaluation of bids received under its latest international tender. According to the evaluation report issued by PLL, the tender …

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Trade deficit widens to $34.76bn

Aftab Maken ISLAMABAD: Pakistan’s cumulative trade deficit for the first eleven months of fiscal year 2025-26 (July–May) stood at $34.76 billion, according to the latest merchandise trade statistics released by the Pakistan Bureau of Statistics (PBS). The data shows that the country’s import bill continued to outpace exports despite a …

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