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On Tuesday, Pakistan’s Finance Minister, Muhammad Aurangzeb, discussed advancements in economic reforms with Ajay Banga, the President of the World Bank Group, during their...
The fines were levied due to violations in Know Your Customer (KYC), Anti-Money Laundering (AML), asset quality, foreign exchange, and general banking operations standards.
ISLAMABAD: Following the federal government’s announcement of a reduction in electricity rates this April, power authorities are poised to offer further relief to consumers...
ROME, ITALY: During the World Banana Forum held in Rome on Tuesday, senior economist Pascal Liu stressed the significant threat posed by climate change...
ISLAMABAD: Pakistan is set to commence discussions with the International Monetary Fund (IMF) for the second review of the stand-by agreement during the current...
ISLAMABAD: Bitcoin surged to a fresh all-time high above $71,000 on Monday, driven by increasing demand for the cryptocurrency amidst growing optimism regarding potential...
Vehicles The Federal Board of Revenue (FBR) has introduced a significant policy shift by imposing a 25% sales tax on locally manufactured or assembled...
In the last session of the week, stocks at Pakistan Stock Exchange (PSX) experienced a surge, driven by IMF statements. Throughout the trading session,...
In response to a letter from a Pakistan Tehreek-e-Insaf (PTI) spokesperson regarding the International Monetary Fund’s (IMF) engagement with Pakistan, the IMF spokesperson in...
Kozack said that a total of $1.9 billion has already been disbursed to Pakistan. However, the IMF would send a team for the second...
During the week ending on March 1, 2024, the State Bank of Pakistan (SBP) reported a decline of $53.9 million, equivalent to 0.68% WoW,...