The government has started mandatory asset disclosures by civil servants and their families to meet conditions for the release of… Read More
Committee Approves Budget Release of Rs. 600 Million for Ignite
Minister of State for IT and Telecommunication Shaza Fatima Khawaja chaired the 45th R&D Fund Policy Committee meeting on Monday.… Read More
Gold Rate Per Tola Declines in Pakistan Reversing Friday’s Gains
The price of gold in Pakistan posted its first decrease of December after two consecutive gains seen at the end… Read More
Economic Reforms Are Meaningless Without Population Control: Finance Minister
Finance Minister Muhammad Aurangzeb warned during a meeting of the National Assembly Standing Committee on Finance today that without controlling… Read More
SBP Appoints New Director for Islamic Finance Policy
The State Bank of Pakistan (SBP) has appointed Dr. Zahid ur Rahman Khokhar, a renowned and experienced Islamic banking expert,… Read More
Govt Eyes Reducing Retirement Age to Save Rs. 1 Trillion Per Year in Pension Bills
The federal government is considering reducing the retirement age for government employees from 60 to 55 to save Rs. 1… Read More
Govt Hikes Prices of Petrol and Diesel
The federal government has announced a slight increase in the prices of petroleum products. The price of High-speed disel has… Read More
Finance Minister Attends Meeting to Discuss Launch of 5G After American Firm’s Feedback
Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting of the Advisory Committee on the Release of IMT… Read More
SBP Orders to Enable RAAST Payments in Online Shopping Stores
The State Bank of Pakistan (SBP) has directed banks and financial institutions to enable RAAST payment system in e-commerce and… Read More
FBR Faces Rs. 344 Billion Tax Revenue Shortfall in First 5 Months of FY25
The Federal Board of Revenue (FBR) is projected to miss its tax collection target by over Rs. 344 billion during… Read More
6-Month KIBOR Down to 31-Month Low
The 6M Karachi Inter-Bank Offered Rate (KIBOR) is currently trading blows at 12.88 percent as of November 28, 2024, according… Read More
Inflation to Remain At 5.8-6.8% in November 2024
The federal government has forecasted inflation to remain within the range of 5.8 percent to 6.8 percent in November 2024.… Read More
