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IMF Board Expected to Approve Pakistan’s $7 Billion Bailout in September: Finance Minister

adminAugust 24, 2024

by adminAugust 24, 2024060

ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Wednesday that the International Monetary Fund (IMF) is now expected to approve Pakistan’s $7 billion bailout package in...

Breaking Business Pakistan

Nawaz Sharif announces two-month relief for power consumers in Punjab.

adminAugust 17, 2024

by adminAugust 17, 2024038

Former Prime Minister Nawaz Sharif recently reminisced about 2017, a time when there was no significant price hike in Pakistan, and highlighted his success in...

Breaking Business Pakistan

Multinational companies plan exit amid internet disruptions: Pakistan Business Council

adminAugust 17, 2024

by adminAugust 17, 2024039

The Pakistan Business Council (PBC) issued a warning on Friday, stating that several multinational companies are considering relocating their back offices from Pakistan, with some...

Business Pakistan

Rs1500 prize bond 2024 draw results announced – Check here

adminAugust 16, 2024

by adminAugust 16, 2024037

Rs1500 Prize Bond Draw No. 99 Results Announced in Multan The National Savings Division held the Rs1500 Prize Bond Draw No. 99 on 15 August...

Breaking Business Pakistan

Petrol, diesel may see Rs9 decline for next fortnight

adminAugust 13, 2024

by adminAugust 13, 2024032

ISLAMABAD: For the second consecutive fortnight, the prices of major petroleum products, including petrol and high-speed diesel (HSD), are expected to decrease by up to...

Business Pakistan

Alarm over detection of GMO in Pakistani rice shipped to EU

adminAugust 8, 2024

by adminAugust 8, 2024039

Contamination of Rice Shipment Raises Concerns A recent detection of genetically modified organisms (GMOs) in a rice shipment destined for the European Union has sparked...

Breaking Business

SBP chief warns of inflation spike, assures on debt

adminAugust 8, 2024

by adminAugust 8, 2024038

ISLAMABAD: On Wednesday, State Bank of Pakistan (SBP) Governor Jameel Ahmad provided a detailed update on the country’s economic outlook before the National Assembly Standing...

Breaking Business Pakistan

New power incentive packages set to roll out for industrial sector

adminAugust 7, 2024

by adminAugust 7, 2024059

To invigorate Pakistan’s industrial sector, the federal government will introduce new power incentive packages over the next two months, announced Federal Minister for Power, Awais...

Breaking Business Pakistan

Govt likely to provide income tax relief to salaried class

adminAugust 3, 2024

by adminAugust 3, 2024039

Pakistan Government Considers Income Tax Relief for Salaried Class ISLAMABAD: In an effort to ease the financial burden on salaried citizens, the Government of Pakistan...

Business Pakistan

Pakistan has taken $31.1bn from IMF since 1958

adminAugust 2, 2024

by adminAugust 2, 2024047

The Special Drawing Right (SDR) is an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement its member countries’ official...