An International Monetary Fund (IMF) delegation arrived in Islamabad on Monday to discuss the Extended Fund Facility (EFF) worth $7 billion with Pakistan’s federal government. […]
Category: Business
Pakistan’s Prime Minister Praises Saudi Leadership at Arab-Islamic Summit and Eyes Enhanced Investment Ties
In a meeting on the sidelines of the Arab-Islamic Summit held in Riyadh, Prime Minister Shahbaz Sharif expressed his heartfelt wishes and admiration for Custodian of the Two Holy Mosques
Finance minister urges collaborative efforts for economic improvement at SECP startup summit.
Federal Finance Minister Muhammad Aurangzeb emphasized the government’s role in creating a supportive framework for economic growth, stating that all sectors must contribute to strengthening […]
Saudi Fast-Food Chain Al Baik Set to Enter Pakistan’s Market
Information Minister Attaullah Tarar announced on Saturday that Saudi Arabia’s famous fast-food chain, Al Baik, is preparing to enter the Pakistani market soon. He highlighted […]
CCP Urges Urgent Reforms in Pakistan’s Power Sector to Boost Competition
The Competition Commission of Pakistan (CCP) has emphasized the urgent need for competitive reforms in the country’s power sector, which has long been dominated by […]
Pakistan’s Worker Remittances Surge to $11.84 Billion in Four Months, Boosted by Overseas Contributions
Pakistan’s remittance sector continues to show promising growth, with October 2024 emerging as a standout month. The commitment of overseas Pakistanis, combined with the SBP’s supportive policies,
Electricity Price Hike Proposal to Burden Pakistani Consumers by Billions
As Pakistan’s energy sector continues to evolve, achieving a stable and affordable electricity supply remains a top priority. By focusing on sustainable practices and efficiency improvements
Dollar Strengthens in Pakistan: 9 Paisa Rise in Interbank Market as Interest Rate Drops to 15%
The central bank’s monetary policy changes reflect an effort to stimulate the economy, even as minor fluctuations in the exchange rate continue. With this two-pronged approach
NEPRA Increases Electricity Rates for Karachi: 40-Paise Per Unit Hike Explained
NEPRA’s recent increase in electricity rates for Karachi’s K-Electric consumers is a response to fuel price adjustments aimed at maintaining the financial stability of energy providers