Prime Minister Shehbaz Sharif has called a meeting of the federal cabinet today (Tuesday) to review the upcoming federal budget, which is expected to be tabled before the National Assembly tomorrow (Wednesday). The huddle will also provide the PM an opportunity to take his aides into confidence over decisions made during his recent visit to China, a source in the Prime Minister’s Office (PMO
The United Kingdom and Schengen countries raised millions of pounds and euros in fees from rejected visa applications from Pakistan, new research published this month shows. The analysis released by Lago Collective, a community of researchers, policymakers and designers, shows that Pakistanis spent £5.3 million on rejected UK visa applications, with close to 40 per cent applications rejected fr
In a return to previous practice, the National Economic Council (NEC) decided on Monday to continue funding constituency-based schemes and ongoing provincial projects, while approving an indicative national development plan worth Rs3.792 trillion for the next fiscal year to increase the economic growth rate to 3.6 per cent from the current 2.4pc. The expansionary public investment stance is lik
The government may provide some incentives to encourage local assembly of solar panels in the budget 2024-25. Pakistan Solar Association (PSL) Senior Vice-President Mohammad Zakir Ali, who was part of Prime Minister Shehbaz Sharif’s recent delegation to China, said, “I do not think the government will impose any new taxes and duties on solar panels, which already have zero per cent general sale
The World Bank has approved $1 billion in additional financing for the Dasu Hydropower Project (DHP) in Khyber Pakhtunkhwa’s Upper Kohistan district, it emerged on Tuesday. “The World Bank’s Board of Executive Directors today approved $1 billion in a second round of additional financing for the Dasu Hydropower Stage I (DHP I) Project,” the global bank said in a press release issued late last ni