Sindh Senior Minister Sharjeel Inam Memon has said that, as part of the austerity measures taken by the Sindh government, it has been decided that no department should submit requests for funds beyond the allocated budget. He added that not only Pakistan but the entire world is currently facing various challenges due to the prevailing […]
funds
Centre rejects KP claim of stalled NFC funds
The Ministry of Finance here on Saturday reaffirmed the Federal government’s continued commitment to ensuring timely, transparent, and sustained financial transfers to KP in accordance with the National Finance Commission (NFC) Award and beyond, reflecting the Federation’s resolve to support provincial development, fiscal stability, and post-conflict rehabilitation. Under the 7th NFC Award, KP’s share was […]
Punjab polls: Last date for SBP to release funds
Today is the last date for the State Bank (SBP) to release funds for Punjab elections directly to the Election Commission (ECP) as ordered by the Supreme Court. On April 14, a three-member bench the case of elections delay in Punjab and KP ordered the SBP to directly issue Rs21 billion for the election and submit […]
Pakistan reopens key highway to speed aid to flood victims
Islamabad: Pakistani engineers and troops cleared a key highway Thursday that will enable aid workers to speed supplies to survivors of devastating floods that have left thousands homeless and killed 1,486 people. Traffic between the flood-hit city of Quetta and southern Sindh province remained suspended for weeks after the floods. The blockage had forced the […]
Defying trade war odds, some Chinese equity funds show how to rake it in
As the Sino-U.S. trade war roiled stock markets over the past year, China-focused fund manager Michelle Leung sat unfazed on her holdings of hot pot condiment maker Yihai International. It was a good call. And not simply because people need to eat whether in good times or bad times. Yihai, whose shares have surged nearly […]
PM vows to defeat ‘vested interests’ opposing change
Prime Minister Imran Khan on Monday vowed to devolve powers to the local bodies and defeat the vested interests resisting the change in the country. Addressing a press conference, flanked by the chief ministers of Punjab and Khyber Pakhtunkhwa Usman Buzdar and Mehmood Khan, here at the PM Office, the prime minister spoke at length […]
DG ISPR to allocate funds for Madrassas nationwide
RAWALPINDI: The Military of Pakistan has stated that the madrassas are to be mainstreamed along with allocation of funds by the government to carry out the plan. The Director General Inter-Services Public Relation (DG ISPR) Asif Ghafoor briefed the media that the scheme; of effectively rooting out the extremism from the country is being implemented. […]
Wasa funds
The people of Punjab may experience significant water supply disruption in the coming summer due to short-sighted policymaking by the government. Last December, monthly and annual subsidies on the water and sanitation agencies (Wasa) were abolished by the Punjab government. Six months later, the organisation finds itself unable to pay monthly electrical bills. This could […]
Save for your Child’s Higher Education
Parents want to give their children nothing but the best. But with increasing costs and miscellaneous expenses, many find themselves overwhelmed at the prospect of spending a fortune on their children’s higher education. With the constant lifestyle upgrades and daily expenses, it’s easy to start spending without saving anything for the future. And when the […]