Govt Development Spending Falls to Rs115 Billion Amid Fiscal Challenges

Govt Development Spending Falls to Rs115 Billion Amid Fiscal Challenges

The government’s development spending has slowed significantly, reaching only Rs115 billion during the first five months of the fiscal year due to tightening fiscal constraints and IMF-driven economic policies. Despite limited resources, federal authorities continue to allocate funds to provincial projects, raising concerns over resource prioritization and fiscal management. Fiscal Constraints Hamper Development Spending Between … Read more

PIA Offers Major Discounts on International Airfares After FED Waiver

PIA Offers Major Discounts on International Airfares After FED Waiver

Pakistan International Airlines (PIA) has announced significant reductions in international flight fares following the recent approval of a Federal Excise Duty (FED) waiver. This move comes after the International Monetary Fund (IMF) agreed to the Pakistani government’s request for the waiver, providing relief for international travelers. Huge Savings for International Travelers The FED waiver applies … Read more

Punjab Investment Conference 2024: A New Era of Global Partnerships

Punjab Investment Conference 2024: A New Era of Global Partnerships

The Punjab Investment Conference held in Shanghai on December 12, 2024, marked a significant milestone in fostering economic growth and global collaboration. Hosted by Gobi Partners, a renowned venture capital firm, the event showcased Punjab’s dedication to innovation, sustainable development, and attracting international investment. Strategic Collaborations Take Center Stage A major highlight of the conference … Read more

Rs 200 Prize Bond Draw December 2024: First Prize Winner Announced – Rs 750,000

Rs 200 Prize Bond Draw December 2024: First Prize Winner Announced - Rs 750,000

The much-anticipated 100th draw for the Rs200 prize bond is set to take place on December 16, 2024, in Sialkot, creating a buzz among small investors across the country. As one of the most popular prize bond denominations, the Rs200 bond offers participants the chance to win exciting cash prizes. Exciting Prizes for Rs200 Bond … Read more

CM Maryam Nawaz Sharif Promotes Investment Opportunities During China Visit

CM Punjab In China

Chief Minister of Punjab, Maryam Nawaz Sharif, continues to strengthen ties with China during her 8-day official visit. On the 6th day of her trip, she announced a series of initiatives aimed at boosting foreign investment in Punjab. The announcement came during a high-profile investment roundtable held in Guangzhou, attended by representatives from over 60 … Read more

Sugar Prices Increase by Rs10-15 Per Kg Latest Update

Sugar Prices Increase by Rs10-15 Per Kg Latest Update

Sugar prices across the country have witnessed a significant surge, with rates increasing by Rs10 to Rs15 per kilogram. This sharp rise has raised concerns among consumers and experts alike, as the ex-mill rate now hovers between Rs115 and Rs125 per kilogram. Factors Behind the Price Hike Speculators and hoarders have been identified as key … Read more