Gold prices record massive drop in Pakistan
After hitting record highs in domestic market, gold prices in Pakistan on Thursday declined despite an increase in the international rates. In the local market,…
Business
Traders observe strike across Pakistan against tax reforms, electricity bills
To protest against the government’s tax reforms, traders across the country are observing a nationwide strike on Wednesday with support from traders associations and political…
Pakistan fails to meet IMF preconditions
The final approval of Pakistan’s $7 billion bailout package from the International Monetary Fund (IMF) remains pending, as the country strives to meet the stringent…
Pending IMF $7 billion bailout package delays external funding for Pakistan
Pakistan is experiencing significant delays in securing external financial assistance due to the pending approval of a $7 billion bailout package from the International Monetary…
Gold prices in Pakistan surge to new record high
Gold prices in Pakistan continued to march upwards on Saturday, hitting a new record in the local market. In the domestic market, the price of…
Petrol, diesel prices expected to drop by Rs5-6 per litre
For the third consecutive fortnight, the prices of major petroleum products like petrol and high-speed diesel (HSD) are expected to decrease by around Rs 5-6…
Finance minister sees IMF approval for $7 billion bailout package next month
The government in Islamabad has said it is making good progress with the International Monetary Fund (IMF) and hopes to get board approval in September…
IMF delays approval of Pakistan’s $7 billion loan package
The approval of a much-anticipated $7 billion bailout package from the International Monetary Fund (IMF) for Pakistan has been delayed once again. According to media…
Govt committed to advancing green automotive technology: FM Aurangzeb
Minister for Finance Muhammad Aurangzeb has said BYD made a significant entry into the Pakistani market, promising a new era of eco-friendly transportation. The Minister…
Electricity price in Pakistan likely to be reduced
The Central Power Purchasing Agency (CPPA) has submitted an application to the National Electric Power Regulatory Authority (Nepra) requesting a reduction in the per-unit price…