About 13,644 Covid tests were conducted in the last 24 hours out of which 435 new cases detected.
Author: Javed Mahmood
ISLAMABAD: Electricity prices are expected to rise from July 1, 2022 in different stages as the basic power tariff will…
The benchmark KSE-100 index opened in the green in line with its positive trend a day earlier; however, it soon plunged a massive 2,053.35 points or 4.81%. The market was trading at 40,663.62 points as of 12pm.
Pakistan’s stock market crashed today a few minutes after Prime Minister Shehbaz Sharif announced 10% supertax for mega companies with effect from July 1, 2022
The positivity rate in Sindh climbed to 6.1%, with a 15.85% positivity in Karachi alone. Despite a major drop in the city’s positivity rate since Thursday — when it stood at 21.23% — Karachi is still the most affected city in the country.
The minister stressed the need for addressing the issue of problematic projects on an urgent basis, especially those facing chronic delays so as to pace up disbursements and progress.
“We are committed to continuing our support for the needs of the Afghan people as we stand with them during and in the aftermath of this terrible tragedy,” Sullivan said.
“We have also imposed some super taxes with most taxes imposed on sugar,” he said adding that the companies owned by the Prime Minister Shehbaz Sharif’s family will also be impacted by this tax.
