Daily Archives: December 23, 2021

CCoE Considers Recommendations for Maximizing Gas Supply to Residential Consumers

A meeting of the Cabinet Committee on Energy (CCoE) was held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar in Islamabad on Thursday.The Cabinet Committee on Energy considered the report on the i...

Jazz Tops PTA Complaint Charts Yet Again

Data from the Pakistan Telecommunication Authority (PTA) has revealed that Jazz leads the chart with 6,407 complaints, followed by Telenor as the second-most complaint about telecommunications operators with 5,149 complaints.Zong was third with 2,701 c...

PAC Unhappy With Finance Ministry’s Handling of COVID-19 Relief Fund

The Public Accounts Committee (PAC) voiced its concerns regarding the Finance Ministry’s briefing on the Rs. 1,240 billion COVID-19 relief package, on Wednesday, after the ministry reportedly failed to satisfy the committee.During an audit briefing of ...

Pakistan to Present 6th Review to IMF Board Next Month

The government of Pakistan will present the sixth review of the authorities’ reform program supported by the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) on 12 January 2022.According to a spokesperson for the Ministry of Finance, Pa...

FBR Exempts Custom Duty on Import of 9 Items from Afghanistan

The Federal Board of Revenue (FBR) has exempted customs duty on the import of nine items including coal, marble, sulphur and containers from Afghanistan.The FBR has also exempted regulatory duty on the import of marble and reduced regulatory duty on

Pakistan’s First On-Demand Delivery Service Raises Investment

Pakistan’s first on-demand delivery marketplace, Batoor, has raised an undisclosed amount in pre-seed funding from Astore Partners.Based in the small village of Shahmansor, Swabi, Batoor was launched in January 2019 by Sanad Khan with only a meager sum...

SBP Responds to FIA Crackdown on Credit Cards Used for Cryptocurrency Trading

The State Bank of Pakistan (SBP) has stated that the Federal Investigation Agency (FIA) is the appropriate authority to investigate illegal transactions in cryptocurrencies.Responding to queries raised by ProPakistani, an SBP spokesperson said in case ...

3G/4G Users in Pakistan Reach 106.68 Million

The number of 3G and 4G users in Pakistan reached 106.68 million by the end of November 2021 as compared to 105.73 million by the end of October 2021, registering an increase of 0.95 million, according to the PTA data.The