Economy

Planning Commission Asks for Further Increase in Indicative Budget Ceiling for Upcoming PSDP

The Ministry of Planning has once again approached the Finance Division to enhance the Indicative Budget Ceiling (IBC) for the upcoming Public Sector Development Programme (PSDP) 2022–23 by Rs 50. billion. The Finance Division has accepted the earlier request of the Planning Ministry to increase the provisional Indicative Budget Ceiling (IBC) from Rs. 500 billion […]

Economy

Car Companies Ordered to Repay Own Money and Interest on Late Deliveries

The Senate Standing Committee on Industries and Productions was Friday informed that in case of failure to deliver a car within 60 days of the booking, the purchaser can claim back the own money as well as payment of KIBOR plus 3 percent interest. The committee, which met under the chairpersonship of Senator Khalida Ateeb, […]

Economy

Progress & prosperity of fishermen of Gwadar top most priority of present Govt: PM

Prime Minister Shahbaz Sharif said progress and prosperity of fishermen of Gwadar is the top most priority of present government. Addressing the fishermen in Gwadar, he said steps would be taken on emergency basis to provide clean drinking water to the residents of Gwadar and it’s adjoining areas. He said engines for the boats would […]

Government & Politics

HEC directs to ensure transparency in overall assessment process, Senate told

The Senate was informed on Friday that the Higher Education Commission (HEC) has been directed to involve external examiners in paper setting to ensure transparency in the overall assessment process.                 Responding to a question during “Question Hour”, Minister for Federal Education and Professional Training, Rana Tanveer Hussain said […]

Economy

Govt committed to bring country out of economic crisis: Daniyal

PML-N leader Daniyal Aziz says the country is going through a difficult time due to which the government has to take tough economic decisions. Addressing a news conference in Islamabad today, along with former Governor Sindh Muhammad Zubair, he lamented that due to poor policies of the previous government during last four years, the country […]