SBP Rejects Reports of Rs10 Banknote Discontinuation and Exchange Deadline
State Bank of Pakistan has rejected social media reports about discontinuing the Rs10 banknote, saying no decision has been taken on replacing or withdrawing any denomination.
Federal Cabinet Approves New NBP President And CEO After Six Week Leadership Gap
Federal cabinet has approved the appointment of the new President and CEO of National Bank of Pakistan, ending a six week leadership vacancy following Rehmat Ali Hasnie’s departure.
Ali Raza Appointed Managing Director Of Pak Oman Investment Company
Ali Raza has been appointed Managing Director of Pak Oman Investment Company Limited for a three year term, subject to State Bank of Pakistan fit and proper clearance.
Prime Minister Shehbaz Sharif Approves Federal Budget Draft Following Cabinet Review and Coalition Consensus
The prime minister praises the collaborative effort of coalition partners and financial experts in finalizing the national economic framework.
Federal Government Grants PKR 8.77 Billion Tax Waiver to Support PIA Privatization
The Federal Board of Revenue waives PKR 8.77 billion in penalties and surcharges for Pakistan International Airlines to facilitate its post-privatization transition.
Pakistan National Shipping Corporation Allocates 4 Billion Rupees to Prime Minister’s Austerity Fund
PNSC approves a 4 billion rupee CSR payment to the Prime Minister’s Austerity Fund 2026 following a Federal Cabinet decision to support national recovery.
Prime Minister Shehbaz Sharif Announces Remote Work and Four Day Workweek for Government Offices
Prime Minister Shehbaz Sharif introduces a four day workweek and 50 percent remote work for government staff to conserve fuel amid the Middle East economic crisis.