Business
Business
IMF Calls for Rs.7 per Unit Hike in Electricity Tariff to Address Pakistan’s Power Sector Debt
The International Monetary Fund (IMF) has demanded a further increase in electricity prices, citing an additional burden of Rs 150…
SBP Report Highlights Challenges Amidst Signs of Economic Recovery
The State Bank of Pakistan (SBP) highlighted that political instability and erratic economic policies have worsened the country's economic situation…
PM Shehbaz Sharif Announces Comprehensive Privatization Plan for SOEs
Prime Minister Shehbaz Sharif announced Tuesday that Pakistan will privatize all state-owned enterprises except strategic entities. This expands the initial…
IMF Projects Decline in Inflation and Increase in Pakistan’s Reserves Over Four Years
The International Monetary Fund (IMF) has forecasted a continuous decline in inflation and an increase in official reserves to over…
Pakistan and IMF Start Talks on 24th Bailout Programme with Rs1.6 tr Adjustment
Pakistan and the International Monetary Fund (IMF) started negotiations on the 24th ‘longer and larger’ bailout programme. The discussions began…
PSX Crosses 74,000 Mark as Bulls Dominate Market
On Monday, bullish activity propelled the Pakistan Stock Exchange (PSX) past a significant threshold, with the KSE-100 index surpassing the…
Petrol Prices May Drop by Rs14 After Mid-May
In a move that could relieve the inflation-stricken public, the government is poised to reduce fuel prices, potentially decreasing up…
Deputy PM Ishaq Dar Leads Strategic Dialogue in Beijing
Deputy Prime Minister Ishaq Dar arrived in Beijing on Monday to co-chair the 5th Pakistan-China Foreign Ministers’ Strategic Dialogue. Upon…
FBR Slaps Massive 90% Tax on Non-Filers’ Mobile Balances
The Federal Board of Revenue (FBR) has proposed an additional withholding tax on non-filers. The tax rate has drastically increased…