Public Finance
Pakistan Could Save Up to Rs. 5 Trillion by Shutting Down Redundant Ministries, Senators Say
Pakistan could reduce its annual government spending by as much as Rs. 4 trillion to Rs. 5 trillion if loss-making and unnecessary federal ministries are abolished in line with the 18th Constitutional Amendment, members of the Senate Functional Committee on Devolution said during a meeting on Friday. The committee stressed that implementing the constitutional provisions […]
Government Allocates Rs. 27 Billion to Offset Fuel Price Burden
The federal government has released Rs. 27 billion to the Oil and Gas Regulatory Authority to settle outstanding price differential claims, aiming to prevent an immediate increase in fuel prices for consumers across Pakistan. This financial support represents the first tranche from the Prime Minister’s Austerity Fund and has been issued on the directives of […]