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Pakistan s inflation increased due to IMF programme: finance minister
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Premature to predict Afghan economic spillover to Pakistan: IMF
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Finance Minister Shaukat Tarin says Kamyab Pakistan Programme to be launched soon
By
Finance Minister Shaukat Tarin. Photo: Files
Finance minister says government carried out an extensive consultative process to work out the modalities of Kamyab Pakistan Programme.
Programme shall extend micro-loans to entrepreneurs, small business and farmers at 0% markup without collateral.
Key focus will be to provide loans to 4.5 million households at the lowest strata, registered with the NSER of Ehsaas Programme.
ISLAMABAD: Finance Minister Shaukat Tarin lauded his team for the development of the Kamyab Pakistan Programme, saying that it will be launched soon, reported
The News.
The finance minister on Saturday commended all concerned officials who made efforts in designing the programme and taking it forward towards its formal launch, which is scheduled to take place soon.
Subsidies on key USC items withdrawn
ECC decision to impact prices of flour, sugar and cooking oil
ISLAMABAD:
The federal government has decided to increase prices of wheat flour, sugar and cooking oil in the range of 19% to 53% at the Utility Stores Corporation (USC) by reducing subsidies for the poor, taking a second major administrative decision in as many days that will further fuel inflation.
The Economic Coordination Committee (ECC) of the cabinet on Friday increased the sugar prices to an amount even more than what the Ministry of Industry had recommended in its summary.
Despite the claimed sugarcane bumper crop, the ECC meeting – chaired by Minister for Finance Shaukat Tarin – also approved to import 200,000 metric tons more sugar, taking the total quantity to 300,000 metric tons within three weeks.
World Bank approves $800m to improve Pakistan s power sector, human capital - Pakistan
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