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World Bank urges Pakistan to reform NFC Award formula

World Bank urges Pakistan to reform NFC Award formula

ISLAMABAD: The World Bank has urged Pakistan to introduce key reforms to the National Finance Commission (NFC) Award and strengthen…
Fuel prices down, essential goods still costly

Fuel prices down, essential goods still costly

The benefits of recent reductions in petroleum prices have yet to reach ordinary consumers, as the prices of essential commodities…
Pakistan launches first ESG Fund Framework

Pakistan launches first ESG Fund Framework

Pakistan has taken a major step toward sustainable finance by launching its first Environmental, Social and Governance (ESG) Mutual Funds…
Pakistan budget 2026-27 sparks fresh debate over Tobacco tax policy

Pakistan budget 2026-27 sparks fresh debate over Tobacco tax policy

Pakistan’s Federal Budget for fiscal year 2026-27 has renewed debate over the country’s tobacco taxation policy, with the government opting…
Petroleum division revises fuel levy structure from July 2

Petroleum division revises fuel levy structure from July 2

The Petroleum Division has revised the levy structure on petroleum products by reducing the Petroleum Levy (PL) on petrol and…
PSX surpasses 185,000-point mark

PSX surpasses 185,000-point mark

KARACHI: The Pakistan Stock Exchange (PSX) reached a recent high point as the benchmark KSE-100 Index crossed the 185,000-point mark…
Oil falls for a third straight day after US, Iran talks conclude in Doha

Oil falls for a third straight day after US, Iran talks conclude in Doha

SINGAPORE: Oil prices dropped about 1% on Thursday, down for a third consecutive day, after Qatar said Iran and the…
World Bank releases report on consolidating finances in Pakistan

World Bank releases report on consolidating finances in Pakistan

Pakistan needs to strengthen the way financial resources are shared between the federal, provincial, and local governments to maintain macroeconomic…
Punjab issues 900,000 Kissan Cards, expands tractor support for farmers

Punjab issues 900,000 Kissan Cards, expands tractor support for farmers

LAHORE: Punjab Chief Minister Maryam Nawaz chaired an important meeting of the Agriculture Department to review the Kissan Card program…
Pakistan reaffirms support for green investment

Pakistan reaffirms support for green investment

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has reiterated the government’s commitment to attracting foreign investment in renewable energy,…
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