Business

Business

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…

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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…

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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…

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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…

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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…

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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…

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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…

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IMF Highlights Pakistan’s $9.1 Billion Financing Gap and Debt Repayment Challenges

The International Monetary Fund (IMF) reports that Pakistan faces a substantial external financing gap of $9.1 billion over the next…

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Pakistan Launches Five-Year Privatization Program for State-Owned Enterprises

The Privatization Commission has formulated a five-year program to privatise all government-owned commercial entities, which will be presented to the…

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