BeNewz

The federal government has prepared a plan to roll over a $9 billion loan from China and Saudi Arabia for the current fiscal year. Pakistan has over $20.8 billion in payments due, while it has assurances of $10.7 billion in project financing. The briefing mentioned that the government is in …

The federal government has issued a three-year economic plan and set economic targets under the Medium-Term Budget Strategy Paper. According to the Ministry of Finance, the aim is to increase the economic growth rate to 5.5% by the fiscal year 2027, while bringing the average inflation down to 7% over …

An annual gas theft of Rs 40 billion has been revealed across Pakistan. During a meeting of the National Assembly’s Standing Committee on Petroleum, chaired by Syed Mustafa Mahmood, the Director General of Gas disclosed that Rs 40 billion worth of gas is stolen annually in the country, with more …