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Govt taking steps to strengthen, stabilize economy: Hafeez Shaikh

KARACHI: Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh Friday said Pakistan Tehreek-e-Insaf (PTI) inherited weak economy, and it is difficult to stabilize the Pakistani rupee at the moment. Abdul Hafeez Shaikh addressed...
US dollar hits historic high of Rs156 in interbank market

US dollar hits historic high of Rs156 in interbank market

KARACHI: The value of US dollar against Pakistani rupee Friday increased by Rs3.10 and hit a historic high of Rs156 in the interbank market. In the month of June, the rupee has been devalued by...
US dollar hits historic high of Rs156 in interbank market

Dollar reaches Rs154 in interbank market

KARACHI: The US dollar Friday morning rose by Rs1.10 in the interbank market to reach Rs154. n Thursday, the Pakistani rupee continued to weaken against the US dollar, shedding Rs1.33 in the interbank market. Following the...

Govt to achieve Rs5500b target in revenue collection: Dr. Hafeez

KARACHI: Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said that better economic policies are the assurance of good economic and government is taking steps to strengthen and stable country’s economy. Addressing...

Allocations for social safety net enhanced: Finance Adviser

ISLAMABAD: Adviser on Finance Hafeez Sheikh has said despite difficult economic situation, the government has enhanced allocations for protection of vulnerable segments of the society and development projects in the next year's fiscal budget. Flanked...

Hammad Azhar present budget in Senate amid opposition protest

ISLAMABAD: Amid opposition protest, the minister of state for Revenue Hammad Azhar Tuesday presented budget document in the Senate. The Senate session was chaired by chairman Sadiq Sanjrani. The opposition senators raised slogans against budget...
Federal Budget 2019-2020 likely to be announced on 11th June

Govt allocates Rs29047 m for Higher Education sector

ISLAMABAD:The federal government has allocated Rs29047 million under Public Sector Development Programme (PSDP) for the ongoing and new schemes of the Higher Education Commission (HEC) during fiscal years 2019-20. According to the budgetary document on...

10 pc increase in salary of grade-1 to 16 govt employees announced

ISLAMABAD: Minister of State for Revenue Hammad Azhar announced that federal government employees from Grade 1-16 will get a pay raise of 10 per cent, whereas those from Grade 17-20 will see a pay...
Federal Budget 2019-2020 likely to be announced on 11th June

Rs 951 billion allocated for federal Public Sector Development Programme

ISLAMABAD: The new budget envisages total development outlay of 1,863 billion rupees for the next fiscal year. The size of federal Public Sector Development Programme has been set at 951 billion rupees, which also includes...

Hammad Azhar presenting budget in NA session

ISLAMABAD: The budget session of the National Assembly has started with speaker Asad Qaiser in the chair. Minister of State for Revenue Hammad Azhar is presenting the budget for fiscal year 2019-20 during the session....

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