Gold rate sees massive increase in Pakistan
Gold prices continued upward trajectory in Pakistan and registered a major increase as the rupee depreciated. According to data issued by All-Pakistan Sarafa Gems and…
Business
Gold price sees huge increase in Pakistan
The per tola price of 24 karat gold increased by Rs1,600 and was sold at Rs 214,800 on Monday against its sale at Rs 213,200…
Govt announces reduction in prices of petroleum products
Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar on Saturday said that the government has reduced the price of petrol by Rs9 per…
Pakistan will fully honour IMF agreement: PM Shehbaz
Prime Minister Shehbaz Sharif has assured that Pakistan will fully honor the agreement reached with the International Monetary Fund. In a telephonic conversation with Managing…
Steadfast policy implementation is critical for Pakistan: IMF Spokesperson
Steadfast policy implementation is critical for Pakistan in the period ahead, International Monetary Fund (IMF) spokesperson Julie Kozack said Thursday, after the lender approved a…
Pakistan receives first installment of $1.2bn from IMF: Dar
The International Monetary Fund (IMF) on Thursday transferred US$1.2 billion to State Bank of Pakistan (SBP) out of total $3 billion under the Stand-By Agreement…
No increase in basic power tariff since September: Khurram Dastagir
Minister for Power Khurram Dastagir has said no increase has been made in the basic tariff of electricity since September last year. Addressing a news…
UAE deposits $1bn in SBP: Ishaq Dar
Finance Minister Ishaq Dar said on Wednesday that the United Arab Emirates (UAE) has deposited $1 billion in Pakistan’s central bank, another boost for the…
Fitch upgrades Pakistan’s rating after IMF deal
Rating agency Fitch on Monday revised its outlook on Pakistan from ‘CCC-’ to ‘CCC’ as Pakistan managed to secure a last-minute bailout deal. In the…
Nepra approves further increase in electricity tariff
The National Electric Power Regulatory Authority (Nepra) Monday approved another Rs1.24 per unit hike in power tariff on account of third-quarter adjustments of the financial…