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    Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

    Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

    Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

    Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

    Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

    Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

    Water bills to rise by another 30% in next 5 years as damning report calls for regulator Ofwat to be SCRAPPED

    Water bills to rise by another 30% in next 5 years as damning report calls for regulator Ofwat to be SCRAPPED

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      Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

      Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

      News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

      News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

      BBC and news agencies sound alarm over ‘threat of starvation’ for journalists in Gaza

      BBC and news agencies sound alarm over ‘threat of starvation’ for journalists in Gaza

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        Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

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        Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

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        Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

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        Almost everyone is said to benefit from a scientifically supported method for improving sleep.

        2,500-year-old rock engravings were found near Mosul, Iraq.

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        With its most recent move, is General Electric abandoning wind power?

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        Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

        Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

        The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

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        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

        ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

        ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

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        A Site for Situated Practices: Mezzanine

        Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

        Discover Amsterdam’s beauty from the water

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        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

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      • Politics
        Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

        Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

        Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

        Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

        Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

        Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

        Water bills to rise by another 30% in next 5 years as damning report calls for regulator Ofwat to be SCRAPPED

        Water bills to rise by another 30% in next 5 years as damning report calls for regulator Ofwat to be SCRAPPED

        Trending Tags

        • Business
          • All
          • Digital Marketing
          • Real Estate
          AI Overviews cutting publisher clickthrough rates by 50%, new report finds

          AI Overviews cutting publisher clickthrough rates by 50%, new report finds

          Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

          Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

          News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

          News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

          BBC and news agencies sound alarm over ‘threat of starvation’ for journalists in Gaza

          BBC and news agencies sound alarm over ‘threat of starvation’ for journalists in Gaza

          Trending Tags

          • Tech
            Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

            Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

            Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

            Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

            Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

            Sex-crazed insects cause car to flip with drivers warned to keep windows closed on roads as the bugs invade US

          • Health
          • Science

            We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

            Almost everyone is said to benefit from a scientifically supported method for improving sleep.

            2,500-year-old rock engravings were found near Mosul, Iraq.

            Is the soul of a person eternal? the findings of scientists

            With its most recent move, is General Electric abandoning wind power?

          • Crypto
          • Entertainment
            • All
            • Gaming
            • Sports
            Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

            Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

            The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

            The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

            ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

            ‘This’ll wind people up’ – DeChambeau and Rose’s response to how club golfers would cope at Oakmont US Open course

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            • All
            • Fashion
            • food
            • Home improvement
            • Travel
            A Site for Situated Practices: Mezzanine

            Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

            Discover Amsterdam’s beauty from the water

            An adventure on the canals of Amsterdam

            An adventure on the canals of Amsterdam

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

            after builders cleaning

            After Builders Cleaning Services in UK with Cliffycox: Reviving Spaces, Redefining Cleanliness

            Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

            Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

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          Pakistan News: Strong condition of IMF, Pakistan eliminated 1.5 lakh jobs, closed 6 ministries

          by Anderson
          September 29, 2024
          in Asian Business
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          Pakistan News: Strong condition of IMF, Pakistan eliminated 1.5 lakh jobs, closed 6 ministries

          Impoverished Pakistan has eliminated nearly 1.5 lakh government jobs and closed half a dozen ministries, accepting the IMF's conditionality. In fact, the government has taken these measures to reduce administrative costs. Some conditions were placed by the International Monetary Fund before making such an announcement. After which Pakistan government had to take these steps. Let us also tell you what steps the Pakistan government has taken by accepting the terms of the IMF.

          These were the terms of the IMF

          Cash-strapped Pakistan on Sunday accepted a 7 billion US dollar loan agreement from the IMF. According to the terms of this agreement, the Government of Pakistan has eliminated about 150,000 government posts. Six ministries have been announced to be closed and two others have been merged.

          On September 26, the IMF approved the aid package. Under which Pakistan has received a fund of more than one billion dollars. Several conditions have been placed by the IMF in return for this fund. These include Pakistan reducing spending, increasing the tax-to-GDP ratio, taxing non-traditional sectors such as agriculture and real estate, limiting subsidies, and transferring some fiscal responsibilities to the provinces. In which many conditions have also been applied.

          Taxpayers in Pakistan have increased

          Addressing the media after his return from America, Finance Minister Mohammad Aurangzeb said that the relief package has been finalized with the IMF, which will be the last package for Pakistan. The minister said that work is underway to improve the size of the ministries. The decision to close 6 ministries will be implemented, while two ministries will be merged.

          He elaborated on the growing tax revenue and said that there were about 300,000 new taxpayers last year and 732,000 new taxpayers have registered so far this year, taking the total number of taxpayers in the country from 1.6 million to 3.2 million.

          People who do not pay taxes cannot buy houses

          Aurangzeb also said that the category of people who did not pay taxes would be eliminated and such people would not be able to buy property or vehicles. The minister claimed that the economy is moving in the right direction and the foreign exchange reserves of the country have increased to its highest level.

          He highlighted the significant growth in both national exports and IT exports and said investor confidence in the strength of the economy was a major breakthrough. Aurangzeb said that the government has cut the policy rate by 4.5 per cent since coming to power and hoped that the exchange rate and the policy rate would remain as expected.

          Also Read: Due to heavy rains, crops in the fields are ruined, farmers are exposed to dust, watch video

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