Govt Stops Pharmaceutical Companies From Increasing Prices on Their Own

The federal government has taken away the powers of pharmaceutical companies to increase the prices of drugs on their own and did not pay any heed to the pharmaceutical companies or cabinet members. The government has also abolished all sections of the Drug Pricing Policy which clearly negates the Drugs Act 1976. According to the

SBP Reduces Refinance Scheme Markup Rate to 5% for Promoting Investment

To extend the benefits of a reduction in the policy rate to people using its refinance schemes, State Bank of Pakistan (SBP) has decided to align the end-user markup rates on two of its refinance schemes for promoting investment in the country. SBP has curtailed the end-user markup rates on Temporary Economic Refinance Facility (TERF)

Gold Prices Touch A Record High in Pakistan After International Prices Shoot Up

Gold prices reached a new high at Rs. 108,300 per tola in the local market on Wednesday following the increase in prices in the international market. The local gold association set the rates of gold at Rs. 108,300 per tola, which is almost discounted by Rs. 6,000 compared to the original price hike when converting

FPCCI welcomes Pak-China hydel project

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has welcomed Pakistan-China agreement for construction of Azad Pattan Hydel Power Project of 700MW of electricity, as part of the CPEC. In a statement suggested that the government should also include more hydropower projects in its plan, as the country cannot

Punjab Govt providing 60% subsidy to farmers

Punjab government is providing sixty percent subsidy on the installation of sprinkle or drip irrigation system to farmers of the province for year 2020-21. According to a spokesman of the department, drip irrigation system saves up to 75 percent of water, reduces the expense of crop production and increases the crop yield by 20 to 100 percent. The spokesperson said

FPCCI welcomes Pak-China hydel project

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has welcomed Pakistan-China agreement for construction of Azad Pattan Hydel Power Project of 700MW of electricity, as part of the CPEC. In a statement suggested that the government should also include more hydropower projects in its plan, as the country cannot […]