Mesum in his statement claimed that the budget is inappropriate and neglects key sectors like health and agriculture. According to the Dawn news report, the leader also alleged that the budget was biased towards making budgetary allocations, as funds were only approved for schemes that benef
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
Pakistan Federal Energy Minister Awais Leghari said that the country was suffering a loss worth a whopping Rs 600 billion a year due to electricity theft, reported Geo News.
Justice Shahid Khan, presiding over a single-member bench, accepted the bail petitions of both petitioners under the condition that they furnish two surety bonds each worth PKR 1,00,000.
The new tariff of PKR 5.72 per unit will take effect on July 1. This adjustment is expected to generate an additional PKR 485 billion in revenue for Discos, bolstering the government's position in securing an IMF bailout slated for July.
The Sindh government is set to announce its budget for the fiscal year 2024-25 on Friday, which is expected to be (PKR) 33 trillion, according to ARY News.
Detailing the operations, the statement highlighted a raid in the Gulbahar locality of the provincial capital, where counterfeit and unregistered drugs worth PKR 43.5 million were confiscated based on information obtained from the alleged suppliers.
The National Electric Power Regulatory Authority (Nepra) on Saturday announced an increase in electricity tariff by Pakistani Rupees (PKR) 3.25 per unit, putting an additional burden of PKR 34 billion on power consumers, Pakistan-based The Express Tribune reported.
The government has been grappling with an unsustainably high fiscal deficit, averaging 7.3 per cent of economic output over the past five years, leading to a staggering national debt of PKR 78.9 trillion.
Prime Minister Shehbaz Sharif's decision to suspend four officials--former National Food Security secretary Muhammad Asif, ex-Director-General of Food Protection AD Abid, National Food Security Commissioner Waseem, and Director Suhail--on the recommendation of an inquiry committee has been m