The Ministry of Commerce has resumed the process of appointing new trade officers abroad. Sources told ProPakistani that the ministry… Read More
UAE Launches New Permit to Let Everyone Earn More Money
In a bid to combat illicit private tutoring and empower qualified educators, the United Arab Emirates (UAE) has introduced the… Read More
Power Generation Down Despite 13% Decrease in Fuel Cost
Power generation in the country went up by 1.8 percent YoY to 61,258 gigawatts per hour (GWh) in 5MFY24, while… Read More
Profit Rates On National Savings Schemes Decreased
The government has decreased the rates of profit on national savings certificates and schemes by up to 160 bps. The… Read More
Sweden Urgently Needs 100,000+ Foreign Workers for These 20 Jobs
In the second quarter of this year, Sweden recorded 106,565 job vacancies across all regions. Despite a decrease from the… Read More
Govt Borrowing From Banks Up 7 Times Than Last Year
The government has borrowed Rs. 3.58 trillion just from banks during the first five months (July-November) of 2023-24 (FY24). As… Read More
NEPRA Dismisses Objections Raised By Power Division On Its Overbilling Report
The National Electric Power Regulatory Authority (NEPRA) dismissed the Power Division’s grievances about its overbilling investigation report which found serious… Read More
Advisory Committee Directs Frequency Allocation Board to Allocate Spectrum for 5G Auction
The Auction Advisory Committee, chaired by Caretaker Finance Minister Dr. Shamshad Akhter, has directed the Frequency Allocation Board (FAB) to… Read More
Power Distribution Companies Seek Rs. 4.6 Per Unit Tariff Hike For January Bills
The federal government is likely to raise the power tariff by up to Rs. 4.66 per unit for collection in… Read More
More Austerity On the Cards As Govt Seeks to Cut Expenses
New austerity measures for the current fiscal year 2023-24 are currently being submitted to the Prime Minister for approval, aimed… Read More
ADB Rates Pakistan’s Provincial Strategy for Urban Growth Project As Successful
The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated the “Pakistan: Provincial Strategy for Inclusive and… Read More
World Bank Board Approves $350 Million RISE-II Project For Pakistan
The World Bank’s Board of Executive Directors approved $350 million in financing for the Second Resilient Institutions for Sustainable Economy… Read More
