Pakistan is likely to import wheat from Russia to meet domestic demand in the country. The 300,000 tonnes of wheat to be purchased from Russia will incur an additional cost of Rs. 600 million. According to sources from the Trading Corporation of Pakistan (TCP), the charges from port to station ...

ISLAMABAD – Pakistan has approved importing three million metric tonnes (MT) of wheat from Russia on the government to government (G2G) basis despite sanctions on Moscow. Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Ishaq Dar gave a final nod to import ...

The federal government has spent over 330 million for security purposes in wake of Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan’s march threat. According to detail, the Chief Commissioner Islamabad submitted the IG Police report, revealing that more than Rs 210 million were spent as rents to ...

Federal Cabinet agreed in principle to the proposal to change the definition of the 'federal government'. According to the sources, the federal cabinet meeting chaired by Prime Minister Shehbaz Sharif discussed the 5-point agenda and ratified the decisions of the Economic Coordination ...

The federal cabinet has allowed the Trading Corporation of Pakistan (TCP) to import 300,000 metric tonnes of urea on a government-to-government basis for the upcoming Rabi season. The cabinet, which met with Prime Minister Shehbaz Sharif in the chair, also approved the comprehensive action plan ...

ISLAMABAD – A leaked phone call allegedly between Pakistani Prime Minister Shehbaz Sharif and a government official is making rounds on social media. In the so-called leaked audio, the authenticity of which has yet to be verified, the premier could be heard saying that PML-N vice ...

The Economic Coordination Committee (ECC) of the Cabinet has approved the proposal to issue a letter of comfort in favor of PSO for raising a loan facility of Rs. 50 billion. Federal Minister for Finance and Revenue Miftah Ismail presided over the meeting.Ministry of Energy presented a summary on ...

ISLAMABAD - The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the proposal to fix dealers margin at Rs. 7.00/liter for Motor Spirit (MS) and High Speed Diesel (HSD). Federal Minister for Finance and Revenue Mr. Miftah Ismail presided over the meeting of the Economic ...

*ISLAMABAD: The prices of petroleum products are likely to go up as Economic Coordination Committee (ECC) on Thursday approved increase in sales and distribution margins of oil marketing companies (OMCs) and petroleum dealers, ARY News reported citing sources.* A well-placed source in the finance ...

*ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the same tariff rationalisation for K-Electric (KE) as the rest of the country.* According to details, Ministry of Energy (Power Division) presented a summary on Tariff rationalisation for power sector and ...