3 oil refineries to ink strategic partnership with Oghra to boost energy sector
Collaborative efforts drive upgradation for sustainable fuel production
Money
WB, ADB assure full support for Pakistan's reforms programme to fix economy
Both side agreed on the rolling of the Country Framework Plan for ten years.
Inflation is projected to come down in Pakistan but more work needs to be done: IMF
The IMF issued the Global Financial Stability Report April 2024
IMF predicts decrease in Pakistan’s inflation and unemployment
Expects economic growth rate to rise to 3.5 percent next year
Finance ministry reveals reason behind recent petrol, diesel prices hike
Spox expresses optimism that resolution of crisis in region would alleviate pressure on global oil prices
Saudi Riyal to PKR latest exchange rate today
Steady trend reflects current financial landscape, providing sense of assurance to those closely following currency dynamic
FinMin eyes up to $8 billion IMF loan program for three years ‘soon’
He expresses his desire to increase trade with the US and China
Gold rates in Pakistan witness major surge
Gold price rises are directly linked to changes in value of US Dollar
US dollar thrashes Pakistani Rupee in interbank trading
The price of the US dollar continues its upward trajectory for the second consecutive day
Govt jacks up petrol price by Rs4.53 per litre
Price of diesel witnesses significant hike, rising by Rs 8.14 to reach Rs 290.38 per liter
Oil tankers owners association halts fuel supply in protest
Decision comes as response to what association alleges is a decrease in allotted oil quota by Antamiya
SBP reports slight dip in reserves
Total reserves of domestic foreign exchange witnesses a positive surge
Federal govt also reduces naan, roti prices in Islamabad
Notification, effective immediately, underscores govt's commitment to address concerns regarding affordability
FBR extends deadline for sales tax return filing
Inland Revenue chief commissioner instructs all field formations to disseminate information about extended deadline
Pakistan to seek Extended Fund Facility, additional climate financing funds from IMF
Annual meetings of IMF, World Bank to commence in Washington from today
Gold rates in Pakistan reflecting slight uptrend
Gold price gains are directly linked to changes in value of US Dollar
Pakistani Rupee holds firm against US Dollar post-Eurobond payment
KSE-100 index experiences decline of 57 points, reaching 70,257 points after initially starting in positive zone
Iran-Israel conflict: Global oil prices likely to go up
Iran-Israel conflict: Global oil prices likely to go up
Finance minister departs for US in bid to negotiate with IMF
Pakistan to request IMF for new loan programme: sources
Saudi Arabia pledges $7bn investment in various sectors in Pakistan
High-level Saudi delegation, led by foreign minister, scheduled to visit on April 16, 17
World Bank announces $1bn to finance Dasu Hydropower Project
On completion, project to save Pakistan $1.8 billion annually in terms of fuel costs
Saudi Arabia commits $1 billion investment in Pakistan's Reko Diq project
Collaboration set to boost mining sector and economic growth
SIM cards of 1.8 million non-tax filers to be blocked
Field formations instructed to compile data of non-filers from 2023
Gold rates in Pakistan witness correction after reaching all-time high
Gold price movements are directly linked to changes in value of US Dollar
Pakistan strikes $200 million solar power deal with Chinese firm
Northern Power Generation Company to convert thermal plant to solar, significantly reducing costs
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Textile exports drop amid high electricity costs and unfavorable conditions
July 2023 witnessed textile exports amounting to $1.31 billion
Pakistan’s foreign exchange reserves see a massive boost
Central Bank’s foreign currency reserves rose by $12 million to $9.273 billion
Chicken prices skyrocket to Rs440 per kg
Shopkeepers report sales have drastically fallen, only hotel owners purchasing chicken in bulk
Electricity bills in Pakistan more than house rents: Bloomberg
Report says while inflation has slightly decreased, it remains highest compared to other Asian countries
MSCI adds 7 Pakistani companies to global indices
MSCI is a key player in global investments
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