Tag Archives: Subsidy

45 billion!

The government has spent around Rs. 45 billion as fertilizer subsidy during last 10 months of the current fiscal year aimed at boosting agriculture and achieving its targets. The fertilizer industry, being

Rs 208.5b subsidy planned for FY13

The federal government has earmarked Rs 208.595 billion in subsidies for the next fiscal year against last year’s allocation of Rs 166.448 billion, showing an increase of 25.32 percent. The announcement was

48 percent to end subsidy

The Senate Standing Committee on Finance was informed on Thursday that the government was forced to provide a subsidy of Rs 295.8 billion on account of power tariff differential due to the

Wheat exports – Punjab, Sindh announce Rs 600 per tonne subsidy

KARACHI – Cash-strapped governments of Punjab and Sindh, exporting millions of tonnes of excess wheat through the private sector to fulfill their budgetary needs, have announced a subsidy of Rs 600 per tonne on expedited exports of the commodity.
The conditional subsidy would, however, be given on those consignments that would have been dispatched before April 30, 2011, eve of the next wheat procurement season. If calculated on the basis of given initial export target of three

Govt mulling targeted subsidy on POL, says Shaikh

ISLAMABAD – Finance Minister Dr Abdul Hafeez Shaikh on Friday said the government was considering giving targeted subsidy on the petroleum products to the low income groups.
Talking to media at the golden jubilee celebration of Institute of Charter Accountants of Pakistan (ICAMP), the minister said the proposal would be considered for implementation if the prices of petroleum products go up further in the international market.
“Presently even the rich who could afford the

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