On receipt of credible information regarding non-duty paid/counterfeit cigarettes during Road surveillance, the Inland Revenue Enforcement Network (IREN) Squad of… Read More
Interest Costs to Eat Up 40% of Pakistan’s Budget By 2025: Moody’s
Interest costs in Pakistan will account for close to 40 percent of total spending in 2025, up from around a… Read More
IMF Finds Massive Problems in Pakistan’s Budget Making Process
The International Monetary Fund (IMF) has found massive problems in Pakistan’s budget-making and execution processes with deviations of up to… Read More
ADB, Pakistan Ink $500 Million Policy-based Loan for Climate and Disaster Resilience
Asian Development Bank and government of Pakistan on Monday signed $500 million policy-based loan to support climate change and disaster… Read More
ISP Association Issues Statement Against PTA’s ‘Blanket Restrictions’ on VPNs
The Wireless & Internet Service Providers Association of Pakistan (WISPAP) Monday issued a statement to address the recent discourse surrounding… Read More
Pakistan’s Power Generation Goes up by 7% in October 2024
Pakistan’s power generation increased by 7.2 percent on a year-on-year (YoY) basis to 10,262 GWh (13,793 MW) in October 2024, compared to… Read More
Govt to Invite Bids for PIA’s Privatization Once Again
Privatization Minister Abdul Aleem Khan Monday informed the Senate Standing Committee on Privatization that the government will once again initiate… Read More
CCP Approves 50% Acquisition of Total Parco by Gunvor Group
The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 50 percent shareholding in Total Parco Pakistan… Read More
Finance Minister Discusses Financing for Priority Sectors with SBP, PBA Chiefs
Finance Minister Senator Muhammad Aurangzeb held a virtual meeting with the Governor State Bank of Pakistan and Chairman Pakistan Banks’… Read More
PM Satisfied with Economic Stability, Increase in Foreign Investment
Prime Minister Muhammad Shehbaz Sharif on Monday said that country’s economy was on path to stability and due to steps… Read More
Rupee Abruptly Ends 3-Day Win Streak Against US Dollar
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Fauji Fertilizer Increases Offer Price for Agritech Shares
Fauji Fertilizer Company Ltd. (PSX: FFC) has increased the offer price for acquiring up to 151 million ordinary shares of… Read More
