Page 27 - Public Sector Development Program News Today

ISLAMABAD: Pakistan’s budget deficit has risen to Rs1,137.925 billion, equivalent to 2.5 percent of the Gross Domestic Product , in the first half of the current fiscal year against 2.3...

Top Story February 4, 2021 ISLAMABAD: Pakistan’s budget deficit has risen to Rs1,137.925 billion, equivalent to 2.5 percent of the Gross Domestic Product (GDP), in the first half (July-Dec) of the current fiscal year against 2.3 percent of the GDP in the same period of the last financial year. The major revenue spinners of non-tax revenues are the surplus profit of the State Bank of Pakistan (SBP), up to Rs372 billion, and the second highest revenue getting sector is the petroleum levy up to...

Top Story January 27, 2021 ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz Tuesday said the federal cabinet had approved constitution of a commission of inquiry on the Broadsheet issue, under the chairmanship of Justice (retd) Azmat Saeed, to bring the truth before the nation. Briefing the media about the federal cabinet decisions and replying to their questions, he said the commission was set up under the Commission of Inquiry Act 2017, instead of a committee, to inv...

Azmat to probe Broadsheet, Hudaibiya, Surrey Palace cases Top Story January 27, 2021 ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz Tuesday said the federal cabinet had approved constitution of a commission of inquiry on the Broadsheet issue, under the chairmanship of Justice (retd) Azmat Saeed, to bring the truth before the nation. Briefing the media about the federal cabinet decisions and replying to their questions, he said the commission was set up under the Com...

KP releases over Rs 79b uplift funds to depts so far Peshawar January 19, 2021 PESHAWAR: The KP government during the current financial year has released a total development fund of over Rs 79 billion rupees to various departments which is the highest amount released during the first two quarters in the last five years. This was stated at a mid-year review meeting chaired by Chief Minister Mahmood Khan. It was held to take stock of the progress including fund utilization on the developmental ...

Nine olive extraction plants installed under PSDP   Published On PARC is endeavouring to promote local production of extra-virgin ISLAMABAD (Dunya News) – More than nine advanced oil extraction plants have been installed to harness the increasing olive oil production on commercial scale for farmers. The oil extraction units were installed under Public Sector Development Program (PSDP) to promote olive cultivation to reduce reliance on imported edible oil for catering domestic requirements, ...

NA Body Asks Finance Division to Spend Relevant Funds on Federal Government Accommodations The National Assembly Standing Committee on Housing and Works recommended the utilization of a 5 percent repair and maintenance allowance on Federal Government-owned accommodations to prevent their further deterioration. This allowance is deducted at source from the salaries of Federal Government employees for this very purpose. The decision was taken in the 12th meeting of the Standing Committee on Housi...

PTI’s rupee devaluation policy devastating for Pakistans economy: ex-commerce minister By Senior PML-N leader and former federal minister Khurram Dastagir. File photo. The former minister claims that mafias manipulating key decisions related to sugar, smuggling of wheat, LNG imports. The PTIs rupee devaluation policy has affected the economy Political economy remained a major cause of the PTIs failure  ISLAMABAD: Former federal minister for commerce Khurram Dastgir Khan has criticised the m...

National December 21, 2020 ISLAMABAD: Former minister for commerce Khurram Dastgir Khan has claimed the formula of devaluation of rupee against dollar for boosting up exports had failed to yield the desired results. He criticised the massive devaluation undertaken by the PTI-led regime and termed it devastating for Pakistan’s economy. He said mafias were manipulating key decisions related to sugar, smuggling of wheat, LNG imports and earned hundreds of billions of rupees at the cost of peopl...