Budget 2020-21 Live: Pakistan Tehreek-e-Insaf-led Federal government announces the budget for this fiscal year. This is the second budget to be proposed by PTI. The PTI-led government had announced its first budget in June 2019 and prices of different commodities and taxes on them were decided to be followed in Pakistan. Important Features of Budget … Read more
The federal government has announced a significant allocation in the budget for the next financial year for the financial assistance and welfare of artists. According to the details, the Federal Minister for Industries and Production said that artists are a valuable asset to our country. On the directive of the President, the Government of Pakistan … Read more
Minister for Industries and Production Hamad Azhar presented the budget for the next financial year in the National Assembly in which the budget for various sectors, including education and health. According to the budget documents, the budget for education and services has been increased by about 7.9% for the next financial year. It should be … Read more
Minister for Industries and Production Hamad Azhar presented the budget for the next financial year in the National Assembly in which the budget for various sectors, especially health, has been doubled. In the budget for the next financial year, the amount allocated for health has been significantly increased to more than Rs. 25 billion. The … Read more
Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition Shehbaz Sharif has rejected the second federal budget presented by the Pakistan Tehreek-e-Insaf (PTI) government termed it as anti-people. Shehbaz Sharif said that this budget will lead to a further rise in inflation and unemployment, while the business downturn has set a historic record.” The … Read more
The federal government has presented a budget for the financial year 2020-2020 in which it has been proposed to allocate Rs. 1.29 trillion for the defence budget. In the National Assembly, Minister for Industries and Production Hamad Azhar presented the budget for the financial year 2020-21, in which he said that in difficult circumstances, we … Read more
The National Assembly session was adjourned till 4 pm on Monday. Presiding over the National Assembly session on Friday, Speaker Asad Qaiser adjourned the sitting till 4 pm Monday. A meeting of the National Assembly was held under the chairmanship of Speaker Asad Qaiser to present the budget for the next fiscal year in which … Read more
Federal Minister of industries and production Hammad Azhar has presented the budget for the fiscal year 2020-21 in National Assembly. Government has set total size of budget at Rs7.14tr. While presenting the budget, he said, “No measures have been taken in the past to curb money laundering” “Our goal is to revive the economy” Azhar … Read more
A portal to provide relief worth 75 billion rupees launched to benefit common workers and daily wagers, who lost their jobs due to coronavirus. Minister for Industries and Production Hammad Azhar announced this while addressing a news conference in Islamabad on Monday. He said Ministry of Industries and Ehsaas Programme will jointly launch this portal … Read more
International ratings agency Fitch affirmed Pakistan’s B negative rating with a stable outlook due to a challenging external sector situation and weak fiscal and debt position, BOL News learnt. It said that steps have been taken towards addressing those issues and the implementation of the International Monetary Fund program was on track. It’s the second … Read more
Federal Minister for Economic Affairs applauded the work of USAID in facilitating engagement between citizens and state institutions. On Monday more than 200 representatives from civil society organizations gathered to celebrate the achievements of the U.S.- funded Citizens’ Voice Project. This project advanced citizen engagement with public and elected institutions to promote transparent, accountable, and … Read more
Economic Affairs Minister Hammad Azhar said Pakistan has achieved massive success on Financial Action Task Force (FATF) issues. According to details Hammad Azhar hoped to get progress after submitting final report next month. He said the members dealing with FATF have commended the steps taken by Pakistan. Earlier, Hammad Azhar said Saudi Arabia, United Arab … Read more
Federal Minister for Economic Affairs Hammad Azhar has said that the World Bank has restored Budgetary Support to Pakistan on account of strengthening of economic stability. According to details in a message posted on social networking website Twitter, he said that the World Bank has taken a decision due to the strengthening of Pakistan’s economy. … Read more
