Finance Ministry Orders Abolishment of Idle Posts to Cut Expenses

ISLAMABAD: The Ministry of Finance has ordered the abolition of vacant and redundant posts lying idle for more than three years. The decision aims to reduce government expenses in line with the Financial Management and Powers of PAOs Regulations, 2021. A circular issued by the Finance Division directed all ministries, divisions, and departments to identify …

Govt Reduces Petroleum Prices by Up to Rs30 per Litre

The federal government of Pakistan, led by the Pakistan Democratic Movement (PDM), has announced a reduction in the prices of petroleum products (POL) by up to Rs30 per litre. The government took this decision after a fall in the international oil rate. The price of petrol, in international market is decreased by Rs12 per litre …

International Prices of dible Oil Hiked Local Costs of Ghee

KARACHI: The unpredictable worldwide prices of edible oil have driven up local costs of ghee/vegetable in the country, and a sliding scale is needed to link the pricing of ghee in local markets with the international markets, according to a senior government official. Finance and Revenue Minister Shaukat Tarin, who presided over a meeting of …

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