Economy
The World Bank has allocated $300 million to support Pakistan’s efforts to combat smog, with a focus on improving air quality in Punjab. According...
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The World Bank has allocated $300 million to support Pakistan’s efforts to combat smog, with a focus on improving air quality in Punjab. According...
First Property Transactions The government is considering a significant policy change by abolishing the Federal Excise Duty (FED) on the first property transaction, sources...
New Dirham Symbol The Central Bank of the UAE (CBUAE) has taken a significant step in the country’s financial evolution by introducing an official...
Electricity Tariff ISLAMABAD: The International Monetary Fund (IMF) has approved a reduction of Re1 per unit in electricity tariffs, providing much-needed relief to all...
Staff-Level Agreement WASHINGTON: The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a new $1.3 billion financial arrangement while also completing...
Electricity Bills The federal government has announced its decision to refund additional charges collected from electricity consumers, potentially lowering the per-unit cost by 30...
ISLAMABAD: Seven independent power producers (IPPs) have proposed a reduction in electricity tariffs by up to Re0.50 per unit and a waiver of over...
The Oil Companies Advisory Council (OCAC) has raised alarms over the decreasing sales of petrol and diesel in Pakistan, attributing the decline to smuggling...
Islamabad: The Ministry of Finance, in its latest Economic Update Outlook Report, has projected that inflation will stay between 1-1.5% this month but could...
The ongoing drought in Punjab has severely impacted the Jhelum River, with the water level at Mangla Dam dropping to critical levels, leading to...
The government’s proposal for a substantial reduction in electricity tariffs has hit a roadblock with the International Monetary Fund (IMF), which is withholding a...
Umar Farooq Zahoor, a Dubai-based businessman of Pakistani origin, has been honored with Pakistan’s highest civilian award, the Hilal-e-Imtiaz (Crescent of Excellence), in recognition...
