Smeda authorities have requested the government to not privatise the SME Bank or even if it is sold the buyer should...
Bankers couldn't avoid restructuring of existing loans but in case of new financing, only viable companies will be chosen.
At best, the scheme will help the wealthy declare and unlock their investment stuck in land for the last couple of years.
‘It is not the job of the SBP to run a credit information bureau; its job is to regulate the private bureaus'.
The provincial development strategy hinges on how the pandemic evolves over the next six months.
Cabinet has approved changes to minimum voluntary retirement age.
The province has not been able to make any noticeable progress in mitigating widespread poverty.
The new mechanism is expected to make budget allocations resilient enough to combat unexpected macroeconomic challenges.
LAHORE: The new desert infestation expected to enter Pakistan next month is feared to devastate cotton and rice...
Bakht pledges burden won’t be passed onto people
“Apart from certain changes in fines, all adjustments are meant to facilitate the businesses during the prevalent coronavirus situation."
Rs68.3bn set aside for Covid-19 mitigation expenditure; education to get Rs391bn and health Rs284bn; Rs337bn earmarked.
“The government’s focus has mostly been on facilitating construction and tourism. I wonder how it can boost these two sectors in the age of coronavirus”
Government plans to target public development investment of Rs337bn.
‘The budget itself is merely one instrument, among many, needed to stimulate a desperate economy.
‘The government can also choose to monetise its deficit by printing new currency. And why not, even if it pushes inflation upwards’
LAHORE: The government could collect Rs44 billion additional tax revenue annually by regulating rapidly growing...
The dairy industry has the potential to attract FDI to the tune of $1.5bn in the next few years.
LAHORE: Investors have demanded tax reforms in Punjab to improve the ease of doing business and restore the...
The province is planning a rolling budget that will allow the government to change its income.