Pakistan’s foreign exchange reserves are stable and certainly not depleting, said the Finance Division while rejecting reports claiming that Pakistan’s foreign exchange reserves are depleting and that it would not be possible to float bonds unless the stalled IMF programme is revived. The ...

ISLAMABAD-Ministry of Finance today refuted news reports appearing in a section of the press, claiming that the first audit report of the present government reveals irregularities and corruption amounting to 270 billion rupees by 40 government departments and ministries during FY 2018-19. In an ...

ISLAMABAD-The Federal Government has allocated Rs 2,200 million for executing four ongoing projects of the Finance Division for Balochistan under the Public Sector Development Program (PSDP) of financial year 2020-21.The government has allocated Rs 349.64 million for the expansion of on-going ...

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 The Ministry of Finance has said that the government inherited an economy with a major balance of payments crisis which led to high inflation and low growth, but immediate actions helped stabilize the economy and reduce the unsustainable fiscal and trade deficits, leading to ...

Spokesperson of Finance Division Dr. Khaqan Hassan Najeeb says extensive work is underway for finalization of a budget reflective of the needs of the economy.   In a tweet today, he said government is taking all stakeholders on board through consultation. Dr Khaqan Hassan Najeeb said the ...

ISLAMABAD: Prime Minister retired Justice Nasir-ul-Mulk chaired a meeting of the caretaker Federal Cabinet in Islamabad today. Secretary Interior gave a detailed briefing to the Cabinet about the functions of the ministry and its various attached departments. He also informed the meeting on various ...

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Sunday chaired a meeting here at the Ministry of Finance to review matters related to the Federal Board of Revenue (FBR) and the Finance Division.The FBR Chairman and senior officials of the Finance Ministry attended the meeting, a press ...

ISLAMABAD: A Finance Division spokesman on Wednesday clarified that the government was not going to International Monetary Fund (IMF) or any other international organisation to seek any financial bailout.A section of media on Wednesday carried a report contending that the country would be forced to ...

ISLAMABAD: The Finance Division has proposed Rs18.166 billion budgetary allocations for its 28 provincial projects under the Public Sector Development Programme (PSDP) for the upcoming financial year (2017-18). During the PSDP of the current fiscal year, funds of Rs8.332 billion were allocated ...