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Business
Pakistan’s ‘Plan B’: Seeking Bilateral Support Amid IMF Stalemate
Considering the prospect of a sustained stalemate with the International Monetary Fund (IMF) until June 30, 2023, Pakistan, under its…
Pakistan’s Textile Exports Witness Significant Decline amidst Varied Trade Trends
The textile sector of Pakistan, a significant contributor to the country's economy, is currently facing an alarming downturn. Pakistan's Export…
Pakistan’s PSDP Portal: A Step Towards Greater Transparency in Development Projects
Pakistan's Federal Minister for Planning Development and Special Initiatives, Professor Ashan Iqbal, has launched the country's first Public Sector Development…
Pakistan’s Foreign Exchange Reserves See Increase of $107million Amid IMF Concerns
During the week ending June 9, 2023, the foreign exchange reserves held by the State Bank of Pakistan (SBP) saw…
Pakistan’s Finance Minister Rebuffs IMF’s Budget Criticisms
Responding to the International Monetary Fund (IMF)'s concerns over Pakistan's inability to broaden its tax base in the 2023-24 budget,…
Petrol and Diesel Prices in Pakistan to Remain Unchanged, Says Finance Minister
The federal government has resolved to keep fuel prices steady for the coming fortnight. Finance Minister Ishaq Dar unveiled this…
Fuel Price Fluctuations Expected: Petrol Prices to Drop, Diesel to Rise in June’s Second Half
The second half of June could witness a price reduction of Rs1.87 per litre in petrol. However, high-speed diesel (HSD)…
World Bank Sanctions $200M Aid for Flood-Hit Pakistan
As reported on Wednesday, the World Bank has greenlit a $200 million emergency aid package for Pakistan to mend infrastructure…
Pakistan Floats Tenders for LNG Spot Cargoes, Strikes Supply Deal with Azerbaijan
For the first time in almost a year, Pakistan has released two tenders seeking spot liquefied natural gas (LNG) cargoes…