Category: Business

Business news from Pakistan

Govt reduces LPG price by Rs 335 per 11.8-kg cylinder in two months

ISLAMABAD, Jun 05 (APP):The incumbent government, during its first two months, has reduced the price of Liquefied Petroleum Gas (LPG) by Rs 335 per 11.8-kilogram cylinder aimed at extending all possible relief to the common man amid the increased global-inflation scenario. Soon after coming into power in April, the coalition government brought down the price… Continue reading Govt reduces LPG price by Rs 335 per 11.8-kg cylinder in two months

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Pakistan to benefit from Indonesian’s palm oil export: Envoy

ISLAMABAD, Jun 05 (APP):Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio on Sunday said that Indonesia lifted the global ban on palm oil export from last week and now palm oil supply in Pakistan would be improved. Indonesia is the largest supplier of palm oil to Pakistan as the palm oil would now be available… Continue reading Pakistan to benefit from Indonesian’s palm oil export: Envoy

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GDP growth for FY23 set at 5%, PSDP outlay at Rs 800 bn

ISLAMABAD, Jun 04 (APP): Minister for Planning, Development, and Special Initiatives Ahsan Iqbal on Saturday said the size of the federal development budget under the Public Sector Development Programme (PSDP) has been set at Rs 800 billion for the upcoming fiscal year 2022-23. He said the Gross Domestic Product (GDP) growth target for the upcoming… Continue reading GDP growth for FY23 set at 5%, PSDP outlay at Rs 800 bn

Govt sets PSDP outlay at Rs 800 bn

ISLAMABAD, Jun 04 (APP): Minister for Planning, Development, and Special Initiatives Ahsan Iqbal on Saturday said the size of the federal development budget under the Public Sector Development Programme (PSDP) has been set at Rs 800 billion for the upcoming fiscal year 2022-23. Out of the total outlay, he said Rs 100 billion would be… Continue reading Govt sets PSDP outlay at Rs 800 bn

Govt releases Rs1,949.72 million for 13 petroleum sector projects in 11 months

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ISLAMABAD, Jun 4 (APP):The government has released funds amounting to Rs1,949.72 million to execute seven ongoing and six new petroleum-related projects during the first 11 months of the current fiscal year under the Public Sector Development Programme (PSDP 2021-22) against a total allocation of Rs3,249.54 million. Out of the total disbursement of Rs1,949.72 million, around… Continue reading Govt releases Rs1,949.72 million for 13 petroleum sector projects in 11 months

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Services’ exports up by 18.21% in 10 months

ISLAMABAD, Jun 4 (APP):The exports of services from the country witnessed an increase of 18.21 percent during the first ten months of the current financial year (2021-22) as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. The exports of services during July-April (2021-22) were recorded at US$ 5,788.94… Continue reading Services’ exports up by 18.21% in 10 months

Aisha Ghous briefed on 5-year plan on UN Women in Pakistan

ISLAMABAD: June 03 – Minister of State for Finance and Revenue Dr Aisha Ghous Pasha in a meeting with a delegation of UN Women headed by Country Representative Ms Sharmeela Rasool, Asian Capital Market Expert Mr Nobuyuka Imamura and other senior officers from Finance Division at Finance Division. APP

Aisha Ghous briefed on 5-year plan on UN Women in Pakistan

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