Under the NFC Award, the federal government provides an additional Rs. 598 billion to provincial governments.

During the first nine months (July-March) of the current fiscal year (2021-22), the federal government transferred an extra Rs. 598 billion to provincial governments under the National Finance Commission (NFC) Award, compared to the same time the previous fiscal year.According to the Ministry of Finance, the Imran Khan-led government released Rs. 2,584 billion from the […]

Khalid Mansoor: Government to Build Petrochemical Complex in Gwadar as Part of CPEC.

Khalid Mansoor, Special Assistant to the Prime Minister on CPEC Affairs, stated that CPEC-related projects are being completed on a timely basis across the country. Speaking at a ceremony in Islamabad on Thursday, he said the country is promoting industrialisation and making it easier for investors to invest.

The Omicron crackdown sends European equities tumbling at the start of the day.

LONDON (AFP) – European stocks fell sharply in early trading on Monday, following widespread losses as countries sought to contain the spread of the Omicron coronavirus type. In early trading, London’s benchmark FTSE 100 index fell 1.9 percent to 7,133.15 points, compared to Friday’s close. In the eurozone, the CAC 40 index in Paris down […]

Prime Minister Imran Khan will visit Gwadar on July 5, to oversee development projects.

ISLAMABAD: According to official sources, Prime Minister Imran Khan will arrive in Gwadar on Monday for a one-day visit to examine different development projects in the city. According to official sources, PM Khan will attend the laying of the foundations for different development projects in the city. During his visit to the city, the premier […]