–Govt reallocates PSDP funds to manage fuel prices and build reserves Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs100 billion technical supplementary grant on Thursday to fund the Prime Minister’s austerity initiative and reviewed wheat procurement plans under the Interim National Wheat Policy 2025-26. The meeting, …
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–Finance body approves key SOE decisions, defers gas firms’ IFRS exemption BeNewz Report ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Thursday approved multiple governance changes across key public sector entities during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad. The meeting reviewed and cleared a summary …
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Aftab Maken ISLAMABAD: The government has said petroleum stocks remain at comfortable levels after a high-level review meeting chaired by Finance Minister Muhammad Aurangzeb, as authorities monitored global oil market volatility and regional geopolitical tensions. The government said on Saturday that Pakistan’s fuel supply position remains stable after a high-level …
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—Finance Minister says NGMS/5G spectrum auction will accelerate digital growth and support IT exports, telecom expansion, and digital payments ecosystem in Pakistan Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said the NGMS/5G spectrum auction conducted by the Pakistan Telecommunication Authority marks a major step toward Pakistan’s digital transformation and expansion …
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ECC approved key grants and power sector reforms. The moves aim to support energy, education, and disaster response programs BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) approved multiple Technical Supplementary Grants (TSGs) and a power sector reform package during a meeting chaired by Finance Minister Senator Muhammad Aurangzeb. The …
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Economic Coordination Committee boosts “Mera Ghar” scheme loan ceiling and approves Thar rail grant. Aftab Maken ISLAMABAD: The Economic Coordination Committee of the Cabinet on Thursday approved an increase in the “Mera Ghar Mera Aashiana” mortgage scheme loan limit to Rs10 million, introducing a uniform 5% end-user rate to expand …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the immediate release of Rs 19 billion for the Prime Minister’s Ramzan Relief Package (PMRRP) 2026 to ensure the prompt commencement of disbursements ahead of the holy month. The meeting was chaired remotely by Federal Minister …
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BeNewz Report ISLAMABAD: Pakistan has secured two prestigious international honors at the IFN Deals of the Year Awards 2025, with its landmark US$1 billion syndicated financing transaction receiving global recognition in the Islamic finance industry. According to a statement issued by the Ministry of Finance, the transaction has been awarded …
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BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a series of important economic, fiscal and sectoral decisions aimed at ensuring macroeconomic stability, protecting consumers, strengthening social protection systems, and addressing critical operational needs of public sector entities. The meeting, held at the Finance Division …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee, chaired by Finance Minister Senator Muhammad Aurangzeb, reviewed inflation trends and approved key financial and development measures for FY 2025-26. The committee was briefed that Pakistan’s overall inflation has shown marked improvement in the current fiscal year, reflecting enhanced price stability and effective …
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