The World Bank has expressed its reservations over Pakistan’s state expenditures of 1,124 billions. According to sources, WB has advised cut in various subsidies to save money adding that 167 billion rupees can be saved from the Tariff Differential Subsidy (TDS). The bank also pointed out that Rs. 20 bln can be saved with complete withdrawal of subsidy on tubewells or cutting it down.
World Bank advises cut in govt. expenditure
- No comments
- 1 minute read
UN chief says Hormuz restrictions ‘strangling’ global economy
UN Secretary-General Antonio Guterres says the disruptions in the Strait of Hormuz…
- Alina Hashmi
- April 30, 2026
Death toll from Israeli attacks across Lebanon rises
At least 2,586 people have been killed and 8,020 wounded by Israeli…
- Alina Hashmi
- April 30, 2026
European Central Bank keeps key interest rate on hold amid war
The European Central Bank has kept its key interest rate on hold,…
- Alina Hashmi
- April 30, 2026
Israeli strike kills at least three people in northern Gaza
At least three people have been killed and one wounded in an…
- Alina Hashmi
- April 30, 2026