The federal government has increased the interest rate on GP fund. The interest rate on GP Fund has been increased by the federal government, the markup rate on GP Fund has been set at 14.22% for the financial year 2022-23, Ministry of Finance has also issued a notification to set the ...

ISLAMABAD: The Ministry of Finance and Independent Power Producers (IPPs) have inked a deal for payment worth Rs450 billion to the latter, *Geo Urdu link-* reported on Monday. According to the deal documents, two dozen IPPs, including the Hub Power Company Limited (HUBCO), had entered into a ...

Ministry of Finance issued a clarification regarding an article comparing the tenure of the current government with the previous regime without specifying the article in concern. The statement read: An article appeared in a section of the press with an arbitrary and selective financial comparison ...

ISLAMABAD: The Finance Ministry has released Rs73.71 billion funds for ongoing development projects by the federal government during the first quarter of the current fiscal year. The statistics released by the finance minister stated that more than Rs112 billion released for Public Sector ...

ISLAMABAD: Federal Finance Ministry makes important announcement over salaries of government employees on Eid ul Fitr. Federal Finance Ministry on Tuesday announced to release the salaries and pensions of the government employees under its domain before Eid. According to a handout issued today, ...

ISLAMABAD - The Finance Ministry Tuesday announced the details of the multi-sectoral relief package approved by Prime Minister Imran Khan in a major effort to address the crisis resultant of Covid-19. The package is aimed at providing quick relief to all those who have been affected by the ...

ISLAMABAD - Finance Ministry responds over media reports linked with International Monetary Fund deal. The finance ministry on Monday dispelled reports that "tough prior actions" were needed before Pakistan could secure the third tranche of Rs452 million from the International Monetary Fund ...

ISLAMABAD - The Ministry of Finance has described as misleading and factually incorrect a news report published in a section of press claiming that the government’s foreign borrowing increased by 5.5 billion dollars during July-Dec 2019 period. In a statement issued today, the Ministry of ...

ISLAMABAD - Pakistan Finance Division responds over media reports of reduction in Foreign Direct Investment in Pakistan. Finance Division Friday described as factually incorrect and misleading a news item published in a section of the press claiming that the foreign direct investment flows into ...

ISLAMABAD - Ministry of Finance Thursday contradicted a news report published in a section of the press claiming that International Monetary Fund (IMF) has barred Pakistan from extending sovereign guarantees till December Review. In a statement, Finance Division has termed the report and its ...