Economy

Finance Ministry Raises Concern Over PASSCO’s Wheat Funding Request

The Ministry of Finance has raised concerns over the cash credit limit requested by the Pakistan Agricultural Storage and Services Corporation (PASSCO).

The Finance Ministry says PASSCO’s funding request exceeds the actual cost of wheat procurement …

Economy

Govt Raises Rs. 12.7 Billion At PSX Sukuk Auction

The government has raised Rs. 12.7 billion from the auction of Ijarah Sukuk bonds, the Pakistan Stock Exchange (PSX) announced on Monday.

The auction, which featured a one-year fixed-rate discounted (FRD) Sukuk, attracted bids totaling Rs. 23.7 bill…

Economy

Govt All Set to Start Construction of Railway Project From Thar to Port Qasim

The federal government is all set to start the construction of a 105-kilometer railway track from Thar to Port Qasim for transporting coal from local fields to power plants across Pakistan.

Funded jointly by the federal and Sindh governments, the pr…