Tag: Pakistan Economy
Govt reduces petroleum costs by as much as Rs3.40 per litre
ISLAMABAD – The federal authorities has diminished the prices of petroleum products by as much as Rs3.40 per liter, with the brand new costs taking [Read More…]
Ogra increases LPG price by Rs7.31 per kg
ISLAMABAD – The Oil and Gas Regulatory Authority (Ogra) has announced significant increase in price of liquefied petroleum gas (LPG). A notification issued by the [Read More…]
Transient relief for govt as ‘friends in need’ roll over $12bn debt for one year
ISLAMABAD – Sandwiched between twin deficits and mounting public pressure to taper off inflation, Pakistan on Wednesday got assurances from friendly countries China, Saudi Arabia [Read More…]
Climate change and fuel costs push Pakistan’s fishing industry into more choppy waters
Climate change and rising fuel costs are taking a heavy toll on the country’s already vulnerable fishing industry, with fish stocks and seafood exports plunging [Read More…]
New $7 billion aid package deal reached between Pakistan and IMF to bring macroeconomic stability: Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb on Saturday said the new $7 billion aid package deal reached between Pakistan and the International Monetary Fund (IMF) would help [Read More…]
Finance Minister Aurangzeb unveils 18.877trn budget for Financial Year 2025
ISLAMABAD: The federal budget 2024-25 with a total outlay of 18877 billion rupees has been announced with focus on fiscal consolidation, support for productive sectors [Read More…]
Federal Cabinet Meeting: Approval of 25% increase in salaries and 15% increase in pension
ISLAMABAD: The federal cabinet has approved the budget documents for the new financial year, salaries will be increased by 25 percent and pension by 15 [Read More…]
Rupee to lose 18% by June 2025: IMF
ISLAMABAD: The IMF says that the rupee will have lost 18 percent of its value by June next year. According to the sources, in the [Read More…]
PTA’s refusal to block SIMs of non-filers
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has refused FBR to block SIMs of more than five lakh non-filers. According to Express News, PTA has responded to [Read More…]
Uber announced to stop operations in 5 cities including Karachi and Islamabad
Ride-sharing company Uber has announced the closure of its operations in Karachi, Multan, Faisalabad, Peshawar and Islamabad. In a statement on the website, Uber said [Read More…]
Review talks completed – Pakistan satisfied IMF on economic performance
ISLAMABAD: Economic review talks between Pakistan and the IMF review mission have been successfully completed. There are clear possibilities for the last tranche of 1.1 [Read More…]
