Federal Minister for Privatisation Abdul Aleem Khan said Pakistan International Airlines (PIA) will not be sold for cheap despite its… Read More
Cotton Import Bill to Rise 3.9x in FY25 As Local Production Declines by 37%
Cotton arrivals in Pakistan are down by 37 percent year-on-year (YoY) to 4.29 million bales as of October 31, 2024,… Read More
Govt Proposes Amendments to SBP Act to Legalize Digital Currencies in Pakistan
The federal government has proposed legalizing digital currencies in the country by making amendments to the State Bank of Pakistan… Read More
Punjab Announces Holidays for Schools Amid Worsening Smog Situation in Lahore
The Government of Punjab has announced the closure of all primary schools in Lahore for a week due to the… Read More
World Bank’s $213 Million Project for Flood Victims in Pakistan Likely to Be Restructured
The World Bank’s “Integrated Flood Resilience and Adaptation Project (IFRAP)” worth $213 million is likely to be restructured to facilitate… Read More
Pakistan, Germany Ink €20 Million Agreement for Phase II of Billion Tree Project
The Federal Republic of Germany will provide €20 million for the second phase of the Billion Tree Afforestation Support Project… Read More
FBR Increases Sales Tax on Both Local and Imported Tea
The Federal Board of Revenue (FBR) has fixed Rs. 1,200 per kg as the minimum retail price of imported and… Read More
CM Maryam Suggests Her Father to Buy and Rebrand PIA as Air Punjab
Chief Minister of Punjab Maryam Nawaz has sought her father Nawaz Sharif’s assistance in saving the national flag carrier from… Read More
Pakistan’s Growth Outlook Positive But Financing Needs, Inflation Pose Big Risks: IMF
Economies in the Middle East and North Africa (MENA) region and Pakistan face a fragile recovery amid global geoeconomic fragmentation,… Read More
SECP Expands Scope of Eligibility for Appointing CFOs At Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has expanded the scope of eligibility criteria for appointment of Chief Financial… Read More
Saudi Arabia Arrests 100+ Corrupt Government Officials
The Oversight and Anti-Corruption Authority (Nazaha) in Saudi Arabia has announced the arrest of 121 government officials in connection with… Read More
ECC Approves Rs. 2.9 Billion Funding for e-Passport Systems
Federal Minister for Finance Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet today. The… Read More
