Posts tagged as: govt

Missing persons’ case: SC disillusioned by govt, law enforcers

ISLAMABAD:  Unimpressed by the government and law enforcers’ efforts to quell the unrest in Balochistan, the Supreme Court has warned that it will come up with its own order on June 4. A recently-held high-level meeting on the situation in the province – attended by the prime minister, army chief and Inter-Services Intelligence chief – […]

Missing persons’ case: SC disillusioned by govt, law enforcers

ISLAMABAD:  Unimpressed by the government and law enforcers’ efforts to quell the unrest in Balochistan, the Supreme Court has warned that it will come up with its own order on June 4. A recently-held high-level meeting on the situation in the province – attended by the prime minister, army chief and Inter-Services Intelligence chief – […]

Govt increases public transport fare – Pakistan Observer

Govt increases public transport farePakistan ObserverRawalpindi—The Punjab government has issued new list of the fares for public transport plying on urban routes of the Rawalpindi district. Expressing outrage, commuters complained that concerned authorities have bend upon irritating the poor masses by …Transporters to challenge new Pindi fare listPakistan Daily TimesIncrease in transport fares takes commuters […]

Govt earmarks Rs208.5b for subsidy in 2012-13

ISLAMABAD:  The government has earmarked Rs208.59 billion for subsidies to energy companies and commodities like sugar and wheat in the budget for 2012-13, but it is unclear whether it will keep itself within the ceiling or grossly overshoot the target as has been done in the outgoing fiscal year. Though the subsidy earmarked for 2012-13 […]

As elections approach, govt boosts development spending by a fifth

ISLAMABAD:  The government has announced Rs873 billion for the national development budget for the upcoming financial year. The allocation is higher by Rs143 billion – or 20% – compared to the current fiscal year as the government gears up for upcoming elections. Under the Public Sector Development Programme, an amount of Rs350 billion has been […]

Braving fisticuffs, govt presents Rs2.96t budget

ISLAMABAD:  Amid unprecedented uproar, blows, punches and intense scuffles between the treasury and opposition members, the federal government presented a Rs2.96 trillion budget that included surprisingly little by way of populist spending. The budget proposals appear to be the result of intense, behind-the-scenes negotiations between the finance ministry – led by the pragmatic Finance Minister […]

Budget 2012-2013: Govt ignored people’s need, says Chaudhry Nisar

ISLAMABAD: Calling the current government a gambler who has lost everything, the Leader of the Opposition in the National Assembly Chaudhry Nisar Ali Khan said that the government has become ‘deaf and dumb’ towards the needs of the people of Pakistan. Speaking outside the National Assembly after the budget speech, where the Opposition was unrelenting in […]

Social Safety Nets: Govt holds out on poverty census

ISLAMABAD:  Despite claims of providing relief to the poor through different measures, the government appeared to avoid providing poverty figures in the Pakistan Economic Survey 2011-12. A committee constituted by the Planning Commission Deputy Chairman Dr Nadeemul Haque, who previously workded at the IMF has measured the incidence of poverty in Pakistan at 12%. Due […]

Global price decline: Govt brings petrol price back under Rs100

ISLAMABAD:  The government on Thursday reduced oil prices by up to 7.9% due to a sharp decline in global oil prices. However, the full impact of declining oil prices in the international market was not passed on to consumers in order to cover adjustments made in petroleum levy. The new prices will be effective from […]

Budget: Govt hopes to fetch revenues of Rs300b from oil, gas industry

ISLAMABAD: The government is expected to fetch revenues of Rs300 billion, excluding general sales tax, from oil and gas companies in the next financial year 2012-13. Sources told The Express Tribune that out of the Rs300 billion, Rs102 billion was likely to be collected in shape of gas infrastructure development cess on natural gas, Rs120 billion […]

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