Federal government
Govt Notifies 16 Pension Fund Managers for New Pension Scheme 2024
The federal government has notified a panel of 16 eligible Pension Fund Managers (PFMs) to implement the Defined Contribution Pension Fund Scheme-2024, taking a major…
Government Announces Minor Petrol Price Cut, Raises Diesel Rate
The federal government has announced a slight reduction in the price of petrol while increasing the price of high-speed diesel (HSD) for the next 24…
Government Forms Special Unit to Accelerate Raast-Based Digital Payments
The federal government has launched an ambitious initiative to modernize Pakistan’s public payment system by establishing the Government Payments and Receipts Transformation Unit (GPRTU) within…
Pakistan Approves Oil Refining Policy Amendments for $6 Billion Upgrades
The federal government has approved amendments to the Pakistan Oil Refining Policy 2023, paving the way for an estimated $5 billion to $6 billion investment…
Federal Government Increases Diyat Value to Rs19.35 Million for FY2026-27
The federal government has increased the value of Diyat for the financial year 2026-27 by nearly 97 percent, raising it to Rs19.352 million from Rs9.829…
Government Announces Business-Friendly Reforms to Boost Pakistan Industry
The federal government has reaffirmed its commitment to creating a more business-friendly environment by simplifying regulations, supporting small and medium enterprises (SMEs), and expanding Pakistan’s…
Govt Cuts Development Loan Mark-Up Rate to 11.89% for FY26
The federal government has significantly reduced the mark-up rate on development loans and advances for fiscal year 2025-26 to 11.89 percent, providing relief to provincial…
Govt Approves 35% Salary Increase for University Teachers Under TTS
The federal government has approved a 35% increase in salaries for university teachers serving under the Tenure Track System (TTS), with the revised pay package taking effect from July…
Govt to Launch New Auto Policy in August to Promote EVs and Hybrid Cars
The federal government is set to introduce Pakistan’s new Auto Policy in August, aiming to attract fresh investment, expand local vehicle manufacturing, and promote cleaner…
Government Raises Rs2.07 Trillion in T-Bills Auction as Yields Fall
The federal government raised Rs2.068 trillion through the latest auction of Market Treasury Bills (MTBs), with borrowing costs falling across all maturities to levels below…
Govt Rejects Gas Price Cut Despite OGRA Reduction for FY2026-27
The federal government has decided not to reduce gas prices for consumers during the fiscal year 2026–27 despite the Oil and Gas Regulatory Authority (OGRA)…
Govt Launches SME Finance Task Force to Improve Bank Lending
The federal government has established a dedicated SME Finance Task Force to improve access to bank financing for small and medium enterprises (SMEs), aiming to…
Pakistan Govt Debt Rises to Rs 81.9 Trillion, Increasing Rs 188,000 Per Second
Pakistan’s federal government debt recorded a significant increase, rising 7.8 percent year-on-year in May 2026 and reaching Rs. 81.935 trillion, according to data released by…
