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Budget 2015-16: Corridor projects to dominate $14b spending

PAR May 27, 2015 0

In a budget dominated by the China-Pakistan Economic Corridor, Pakistan plans to allocate upwards of $14 billion in total development spending for fis...

Rs 4.7 trillion outlay likely for budget 2015 bank

PAR May 27, 2015 0

The energy reforms, infrastructure development and economic growth are likely to remain key areas of focus for the government in federal budget 2015-1...

NA panel recommends no raise in tractors' prices till 2018

PAR May 27, 2015 1

A parliamentary penal on Monday recommended the government to ban tractors manufacturing industry not to increase their prices till 2018 and enhanced...

Economy to face many challenges next fiscal year: Planning Commission

PAR May 27, 2015 0

The next fiscal year according to which the export target is set at $ 25.5 billion and it is also proposed to restrict the trade deficit at $ 17 billi...

Rate of Sales tax proposed to set at 16 percent in next budget

PAR May 27, 2015 0

It is being proposed to set the rate of sales tax at 16 year in the next budget scheduled to be announced on June 5. Immediate issuance of STN to manu...

Space for flood water Irsa stops filling of Tarbela, Mangla dams

PAR May 27, 2015 0

As the federal and provincial governments are taking necessary pre-monsoon flood protection measures, the Indus River System Authority has stopped fil...

Government gives go ahead to Global Treaty over Goods Transit

PAR May 27, 2015 0

Government of Pakistan has approved Pakistan joining Global Treaty over Goods Transit. Minister Trade Khurram Dastagir has said that suggestion would...

Budget 2015-16: Government pegs growth target at 5.5%

PAR May 27, 2015 0

After two years of modest growth, the government is looking to make the most of the coming fiscal year and also approved the 5.5% growth rate target,...

Pakistan Weather Updates As on 26th May 2015

PAR May 27, 2015 0

Synoptic Situation: A low lies over Balochistan and its adjoining areas. Yesterday’s westerly weather system lies over upper parts of the country stil...

AJK PM, Minister for Planning discuss budget matters

PAR May 26, 2015 0

AJK Prime Minister Chaudhry Abdul Majeed met Minister for Planning and Development Ahsan Iqbal in Islamabad on Tuesday. Matters relating to increase i...

Federal cabinet approves budget strategy paper 2015-16

PAR May 26, 2015 0

The Federal Cabinet at its meeting in Islamabad today approved budget strategy paper 2015-16. Its meeting was presided over by Prime Minister Nawaz Sh...

China Pakistan economic corridor will benefit the whole world: President

PAR May 26, 2015 0

President Mamnoon Hussain has said China-Pakistan Economic Corridor will benefit the whole world. Talking to a delegation of Peking University in Isla...

Upcoming budget 2015-16 would bring encouraging incentives for betterment of overall economy

PAR May 26, 2015 0

ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar said Monday the upcoming budget 2015-16 would bring encouraging incentives for the betterme...

Budget 2015-16: APCC to consider Rs1.46 trillion development budget

PAR May 26, 2015 0

ISLAMABAD: Amid the centre’s desire that in the next fiscal year provinces should cumulatively save at least Rs300 billion from their budgets, the fed...

Budget proposals on the roll

PAR May 26, 2015 0

Federal Minister for Finance Senator Ishaq Dar chaired a meeting at the Federal Board of Revenue (FBR) on Monday to discuss budget proposals for the u...