BUSINESS
IMF to conduct initial economic review of $3b SBA for Pakistan in Nov
A delegation from the International Monetary Fund (IMF) is scheduled to visit Pakistan in November. This visit marks the inaugural...
Utility stores passes subsidy removal burden to poor
The Utility Stores Corporation (USC) has increased the prices of sugar, ghee, and flour for consumers including beneficiaries of the...
Agriculture financing hits record Rs1.78 trillion in FY23, SBP
The financial institutions disbursed Rs1,776 billion under agriculture financing during fiscal year 2023 and achieved 97.6% of the agriculture credit...
Govt assures IMF Rs721bn to be collected from power consumers this year
The government plans to collect an additional Rs721 billion from electricity consumers during the current financial year. The International Monetary...
Pakistan earns $935.172 million from travel services revenue in 11 months
During the first eleven months of the fiscal year 2022-23, the country’s revenue from various travel services provided abroad amounted...
Gold rates continues two-day gaining streak
Gold rates in Pakistan continued their two-day gaining streak on Saturday after the international market also managed to appreciate on...
Weekly inflation soars to 29.83 percent in Pakistan
The weekly inflation, measured by the Sensitive Price Indicator (SPI), rose by 1.30 percent for the combined consumption group during...
Pakistan, Iran agree on free trade agreement to enhance bilateral ties
Pakistan and Iran on Thursday set a target of $5 billion for bilateral trade as the two countries chalked out...
Gold price hits new peak in domestic market
The gold association said that 24-Karat gold per tola gained Rs800 and increased from Rs222,200 per tola to Rs223,000. The...
Electricity consumers hit with hefty bills, audit reveals reasons
The recent audit report of the financial year 2022-23 has revealed several factors that have contributed to a surge in...
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