Business
Business
Pakistan and IMF Discuss Carbon Levy and Fiscal Reforms for 2025-26 Budget
Pakistan and the International Monetary Fund (IMF) are engaged in critical negotiations to shape the 2025-26 federal budget, focusing on…
Pakistan Plans $4.9B in External Financing for FY2025-26, Targets Key Banks
Pakistan aims to secure $4.9 billion in external commercial financing for FY2025- 26. This includes $2.64 billion in short-term loans…
EU Bans Brazil Poultry Imports After Bird Flu Outbreak in Rio Grande do Sul
On May 19, 2025, the European Commission prohibited poultry and meat imports from Brazil, the world’s largest poultry exporter, due…
Bitcoin Falls Below $103,000 as Altcoins Slide Amid Market Uncertainty
On May 19, 2025, Bitcoin’s price dipped below $103,000, falling 0.83% in 24 hours to $102,845 on global exchanges like…
Pakistan Targets 4.4% GDP Growth in 2025-26 Budget, IMF Pushes Fiscal Reforms
Pakistan has set a GDP growth target of 4.4% for the fiscal budget of 2025-26, an increase from the current…
IMF Imposes 11 New Conditions on Pakistan for 2025-26 Budget, Cites India Tensions
On May 17, 2025, the International Monetary Fund (IMF) outlined 11 new conditions for Pakistan’s $7 billion loan under the…
Novo Nordisk CEO Lars Jørgensen to Step Down
Novo Nordisk announced that CEO Lars Fruergaard Jørgensen will step down after eight years. The Danish pharmaceutical giant faces fierce…
Pakistan’s 2025-26 Budget: Rs20 Trillion Outlay Set for June 2
Pakistan’s federal government will present a Rs20 trillion budget for fiscal year 2025-26 in Parliament on June 2, 2025. Officials…
Gold Prices in Pakistan Surge to Rs336,100 per Tola, Track Global Rise
As reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices in Pakistan increased on May 16, 2025.…