A joint tariff revision request has been submitted to the National Electric Power Regulatory Authority (NEPRA) by seven Independent Power… Read More
Pakistan’s IT Exports Grow for 17 Consecutive Months
Pakistan’s information technology (IT) exports reached a record $305 million in February 2025, marking a 19% increase compared to the… Read More
Foreign Direct Investment Drops 45% in February 2025
Foreign direct investment (FDI) in Pakistan fell sharply by 45% year-on-year to $95 million in February, according to a report… Read More
Auto Financing Rises in February Amid Falling Interest Rates
Auto financing in Pakistan has increased to Rs. 249 billion at the end of February, up from Rs. 241.6 billion… Read More
IMF Shares MEFP Draft with Pakistan, Staff Level Agreement Under $7 Billion EFF Still Pending
The International Monetary Fund (IMF) has shared a draft of the Memorandum of Economic and Financial Policies (MEFP) with Pakistani… Read More
Ministry of Finance Clarifies Reports on Salaries and Pensions of Govt Employees
The Ministry of Finance issued a formal clarification on Monday regarding media reports that claimed Finance Minister Muhammad Aurangzeb had… Read More
British Newspaper Apologizes to Pakistani-American Tech Entrepreneur Over Sexual Misconduct Claims
One of Britain’s most prominent newspapers, The Telegraph, has formally apologized to Pakistani-American technology entrepreneur Zia Chishti after a lengthy… Read More
Pakistan’s Real Effective Exchange Rate Falls in February 2025
Pakistan’s Real Effective Exchange Rate (REER) clocked in at 102.27 in February 2025, according to latest data issued by the… Read More
Pakistan’s Current Account Posts Huge Improvement in February 2025
Pakistan’s current account balance posted a deficit of $12 million in February 2025, according to data released by the State… Read More
Multiple Properties of Bahria Town Sealed by NAB Across Pakistan
The National Accountability Bureau (NAB) once again informed the public on Monday that several cases of fraud and deception against… Read More
Imported Chocolates Set to Become Expensive as FBR Enhances Customs Values
Directorate General of Customs Valuation Karachi has revised customs values on the import of 104 types of branded chocolates from… Read More
Rupee Opens Week With Slight Gains Against US Dollar
The Pakistani Rupee (PKR) on Monday appreciated by 05 paisa against the US Dollar (USD) in the interbank trading and… Read More
