Governments must have the right professional team in place to harness the benefits of additional investment while working to mitigate the significant risks associated with infrastructure projects; Pakistan is forecasted to invest $335bn in its infrastructure and will have a gap of $117.9bn. Thus the difference between investment needed and the investment forecast is 35 percent. Karachi,…
Karachi, July 01, 2019: Government has increased the price of electricity by 75 paisa NEPRA recommended the price increase of 1.50 per unit. Electricity price to remain unchanged for the industrial sector. Commercial Users of above 5 KVA electricity price to remain unchanged. Price increase will not be applicable upto user of 300 units.
Responding to the opposition’s claim of obtaining domestic loans worth Rs 7000 billion or Rs 10,000 billion during the first year of PTI government, Hammad Azhar said the figures were highly exaggerated. Islamabad, June 28, 2019: Minister of State for Revenue Hammad Azhar said on Friday that the Pakistan Tehreek-i-Insaaf (PTI) led government had retired…
Islamabad, June 11, 2019: Pakistan Tehreek-e-Insaf government on Tuesday presented its first budget with a total outlay of Rs 7.022 trillion for the fiscal year 2019-20, registering a growth of 30 percent against the revised budget of Rs 5.385 trillion for current fiscal year (2018-19). State Minister for Revenues Hammad Azhar presented the budget in…
Islamabad, June 10, 2019: The Pakistan Tahreek-i-Insaf led government is all set to present its first Federal Budget for the fiscal year 2019-20 in the Parliament on June 11 (Tuesday). The budget envisages fiscal management, revenue mobilization, measures for economic stabilization and growth, reduction in non-development expenditures; boosting exports besides providing relief to the masses,…