Muhammad Afzaal Islamabad: Pakistan’s total public debt has swelled by Rs 2.4 trillion during the first nine months of the ongoing financial year 2019-20. According to Pakistan Economic Survey 2019-20, Pakistan’s total public debt jumped up to Rs 35,207 billion at the end-March 2020 against Rs 32,708 billion at the end of June 2019, registering…
Aftab Ahmed Islamabad: The PTI government has decided to disburse a subsidy of Rs 37 billion to the farmers directly through the scratching cash cards scheme during the current Kharif season but not indirectly through fertilizer manufacturing mafia as done by the previous governments. According to the scheme, the Federal Government would provide a subsidy…
Atif Abas Islamabad: British Airways has agreed to starts a three weekly flights between Islamabad and London on June 2 after resuming its operations after 11 years. The first flight from London will reach Pakistan on June 3. The British Airways intends to start 3 weekly frequencies to/from Islamabad. Apart from this British Airways has…
Aftab Ahmed Islamabad: The consumers have faced the highest increase in prices of 23 items up to 315 per cent during the PTI government. According to a report, the prices of those items like tomatoes and Chillies green which are in use of common man have witnessed the highest increase. The prices of different items…
Atif Abbas Islamabad: The Oil and Gas Company Limited (OGDCL) plans shale gas drilling to enhance growth in production. We will make joint with foreign companies to attract investment and drill shale gas in Pakistan, newly appointed Chairman OGDCL Board Dr. Qamar J. Sharif said while talking to a selected group of journalists. He also…
Islamabad Pakistan Petroleum Limited (PPL) has made its footprints on the global energy map that has successfully spud its first international exploration well in Iraq. Pakistan Petroleum Limited, one of the country’s leading energy companies, made history by becoming the first Pakistani company to successfully spud its first international exploration well in Iraq. This achievement…
Aftab Ahmed Islamabad: The PTI government has decided to export manpower to Azerbaijan. At present more than 96 percent of Pakistani workers go to Gulf Cooperation Council countries for employment. But during recent years, there has been a sharp decline in the export of manpower to Middle East countries especially Saudi Arabia. According to Economic…
Aftab Ahmed Islamabad: President Arif Alvi’s salary is up as Prime Minister Imran Khan has given go-ahead to implement over 1000 percent increase in the salary and approves supplementary grant of Rs 9.3 million for the ongoing financial year 2018-19. The government has allocated an annual salary of Rs 2.441 million for the Prime Minister…
Aftab Ahmed Islamabad The furnace oil supply contract between Pakistan State Oil and Pakistan National Shipping Corporation (PNSC) has expired over failure to reach agreement on outstanding issues. A senior government official said that prior to ban imposed by the government on import of furnace oil, Pakistan State Oil (PSO) used PNSC to transport furnace…
Our Correspondent Pakistan on Wednesday approved a proposal of an oil supply deal between Pakistan State Oil (PSO) and the State Oil Company of the Republic of Azerbaijan (SOCAR). The Economic Coordination Committee (ECC) in its meeting accorded approval to a proposal of. The Ministry of Petroleum regarding Fuel Supply Agreement between Pakistan State Oil…