FINANCE
Pakistan to present budget after consultations with IMF
The federal government will present the budget for the fiscal year 2025-26 after consultations with the International Monetary Fund (IMF),...
IMF approves relief of Rs1 per unit for all consumers
The International Monetary Fund (IMF) Thursday shared update on power tariff relief for consumers in Pakistan following, staff-level agreement with...
OGDC confirms $627 ml investiment in Reko Diq
The Oil and Gas Development Company Limited has announced the completion of the Reko Diq feasibility study, confirming investment of...
Pakistan’s first EV charging station inaugurated
Federal minister for power Sardar Awais Ahmad Khan Leghari has inaugurated Pakistan’s first fast electric vehicle (EV) charging station in...
Millions of people lacking access to banking facilities in Pakistan
The Asian Development Bank (ADB) has released a report on financial services in Pakistan, highlighting that millions of people in...
IMF rejects FBR’s request to lower transaction taxes on property sector
The International Monetary Fund (IMF) has ultimately declined the Federal Board of Revenue's (FBR) request to lower transaction taxes for...
FBR recovers record Rs34.5 bln windfall tax from banks in a month
The federal government has recovered a staggering amount of Rs34.5 billion in windfall tax from banks in a month. The...
Pakistan’s electricity production reaches lowest level
Pakistan’s electricity production has reached its lowest level in five years on a year-to-year basis despite government support and a...
Govt caps sugar price at Rs164 per KG
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Wednesday said that sale of sugar at price of Rs178-180...
WB approves $102 million for microfinance project in Pakistan
he World Bank (WB) on Wednesday approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project in...
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