PIA to resume UK flights after Eid as EU ban lifts
Pakistan International Airlines (PIA) will resume flights to the United Kingdom (UK) following the lifting of the European Union ban after Eidul Fitr, said Pakistan…
Business
IMF expresses satisfaction with Pakistan’s economic measures
Pakistan and the International Monetary Fund (IMF) have made significant progress towards reaching a Staff-Level Agreement (SLA) on the first review of the $7 billion…
ECC approves amendments to net-metering regulations, cuts buyback rate to Rs10/unit
The Economic Coordination Committee (ECC) on Thursday approved amendments to the existing net-metering regulations to reduce the growing financial burden on grid consumers and slashed…
IMF likely to grant waiver for delay in agriculture income tax collection
Amid the possibility of granting a waiver over provinces’ delay in the collection of Agriculture Income Tax (AIT), the International Monetary Fund (IMF) review mission…
Massive cut in petrol price expected
Due to a decline in oil prices in the international market, the prices of petroleum products are also likely to be slashed in Pakistan with…
Govt to import raw sugar to bring down soaring prices
In its bid to stabilise and bring down soaring sugar prices, the federal government has decided to import raw sugar (shakkar). The import of raw…
SBP maintains interest rate at 12%
The State Bank of Pakistan (SBP) held its key policy rate at 12% on Monday, opting for stability despite easing inflation, which is expected to…
China extends $2bn loan repayment for Pakistan
China has extended the repayment period of a $2 billion loan to Pakistan by one year, offering crucial financial relief to the country, the finance…
Electricity prices slashed across Pakistan under monthly fuel charges adjustment
The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices for consumers across the country under the monthly fuel charge adjustment…
No mini-budget needed to meet tax shortfall, Pakistan assures IMF
Pakistan and the International Monetary Fund (IMF) are currently engaged in high-stakes negotiations in Islamabad. The federal government has abandoned plans to introduce a mini-budget…