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KARACHI/ISLAMABAD: Minister for Finance and Revenue, Muhammad Aurangzeb, announced on Friday that the government is scheduled to convene a meeting with the International Monetary...
ISLAMABAD: To fulfill an IMF condition for disclosing quarterly Gross Domestic Product (GDP) figures, the government has released the growth rate for the second...
Islamabad: The government is considering various strategies to introduce a Carbon Tax in the upcoming budget as an effort to decrease the demand for...
New Government As Pakistan braces for the general elections on February 8, the post-election scenario is overshadowed by the specter of economic challenges, with...
Despite a period of stability lasting over two months, currency experts are warning of potential shocks to the exchange rate in March. Several factors,...
ISLAMABAD: Pakistan is getting rid of the London Inter-Bank Offered Rate (LIBOR) and replacing it with the Secured Overnight Financing Rate. The Economic Coordination...
Bullish Trend In a surprising turn of events, the Pakistan Stock Exchange (PSX) 100 index took a bearish trajectory, gaining 500 points during trading,...
In the state of Delaware, a judge invalidated Tesla CEO Elon Musk’s $56 billion compensation package on Tuesday, supporting a shareholder’s claim of overpayment....
New Currency Notes The State Bank of Pakistan (SBP) has announced a proactive measure to address the rising concerns of fake currency notes by...
Interest Rate The State Bank of Pakistan (SBP) has maintained its key interest rate at 22 percent for the fifth consecutive policy meeting, with...
ISLAMABAD: The caretaker government is proposing a substantial reduction in the federal development budget following the IMF’s estimation of a Rs175 billion cut in...