IMF board likely to approve $7b bailout for Pakistan in August
The International Monetary Fund (IMF) Executive Board is anticipated to convene in mid-August to finalize the approval of a $7 billion bailout package for Pakistan….
Business
Gold prices witness massive decline in Pakistan
After registering a hefty increase in Wednesday’s session, gold prices in Pakistan decreased by the same rate on Thursday, reflecting a downward trend in international…
Gold prices record massive increase in Pakistan
Gold prices increased in Pakistan following upward trend in the global market, according to local association. Following a dip on Tuesday, the local price per…
Finance Minister set to visit China to reschedule $15 loans
Finance Minister Muhammad Aurangzeb will embark on a visit to China starting today, as Pakistan is seeking a rescheduling of $15bln loan from Beijing. As…
Finance Minister vows to improve tax-to-GDP ratio
Finance Minister Muhammad Aurangzeb has reiterated government’s commitment to improve the tax-to-GDP ratio as part of ongoing fiscal consolidation measures. He was speaking at a…
Stock Market drops more than 1100 points
The Pakistan Stock Exchange (PSX) experienced a sharp decline on Friday, with the benchmark KSE-100 index falling by 1,168.83 points or 1.43%, closing at 80,671.03…
PSX hits record high, surges 81,518 points milestone
The Pakistan Stock Exchange (PSX) surged to new heights, gaining 362 points to reach an all-time high of 81,518 points. This remarkable 0.44% increase from…
Govt hikes petrol price by Rs9.99 per litre
The petrol price in Pakistan has been jacked up by Rs9.99 per litre for the next fortnight in the light of the rise in oil…
PSX shatters records with all-time high of 81,295 points
Pakistan Stock Exchange (PSX) shattered previous records on Monday, soaring to an all-time high of 81,295 points. The market experienced an exhilarating gain of 1,351…
Pakistan to achieve macroeconomic stability with IMF deal: Aurangzeb
Finance Minister Muhammad Aurangzeb has expressed optimism about the newly agreed International Monetary Fund (IMF) program, emphasizing its potential to bring much-needed macroeconomic stability to…