Karachi (PNP) Gold Prices in Pakistan recorded a significant increase on Saturday as investors continued to move toward safe-haven assets following the presentation of the federal budget for fiscal year 2026-27 and amid heightened geopolitical uncertainty in the Middle East. According to the latest rates released by the All Pakistan Sarafa Gems and Jewellers Association,…
ISLAMABAD (PNP) – Finance Minister Muhammad Aurangzeb has presented the federal budget 2026-27 in the National Assembly session, held on Friday, June 12, 2026. He proposes a wide-ranging package of tax reductions, investment incentives and sector-specific relief measures aimed at stimulating economic activity, supporting businesses and easing the financial burden on households. The proposed measures…
ISLAMABAD: The federal cabinet has approved a Salary Pension Increase for government employees and retirees as part of Pakistan’s Budget 2026-27, providing financial relief amid ongoing inflationary pressures and rising living costs. The decision, endorsed during a cabinet meeting chaired by Prime Minister Shehbaz Sharif, includes a 7 percent increase in salaries and pensions for…
ISLAMABAD — The ongoing budget debate in National Assembly of Pakistan has become a focal point for political tensions, highlighting deep divisions within the ruling coalition and raising concerns about the country’s fiscal health. Lawmakers have expressed strong reservations over the proposed federal budget for the fiscal year 2025-26, which stands at Rs17.573 trillion—a 7%…
The size of Punjab’s development budget is proposed to be 700 billion: Photo: File Lahore: The budget of about 5370 rupees for the new financial year will be presented in the Punjab Assembly today. According to the sources, the revenue target will be 1 thousand 26 billion rupees. The province is likely to get 3700…
In actions taken late evening on Friday, the 193-member General Assembly also adopted nearly $50 million in additional funding for decisions taken by the Human Rights Council, UN’s primary forum on human rights matters. It also decided to establish the Peacebuilding Account, a dedicated multi-year special account, as a modality to finance the Peacebuilding Fund….
“The role of the United Nations has never been more vital – and we are stepping up our efforts,” Mr. Guterres told delegates at the General Assembly’s main budget committee. He highlighted key initiatives such as the SDG Stimulus, Our Common Agenda, Climate Solidarity Pact and Acceleration Agenda, to respond to the challenges. “On these…
File photo The Pakistan Cricket Board approved the budget for the first quarter of the financial year 2023-24. According to the sources, due to the lack of regular board elections, the budget for the year has not been approved, but the quarterly budget has been approved to run the affairs. According to PCB sources, all…
941 billion allocated for non-development projects, 69 billion proposed for higher education (Photo: File) Lahore: The caretaker Punjab government will present the overall budget of more than 1368 billion rupees today. The caretaker government of Punjab will announce the budget today after approval in the provincial cabinet meeting. A meeting has been convened at 8…
Finance Ministry In-charge Ishaq Dar has given a statement not to accept any directive on tax exemption (Photo: File) Islamabad: Pakistan knelt before the IMF and the budget was ready to remove its objections. A surprising statement has been issued by the Federal Ministry of Finance, in which it has been said that Pakistan is…
