Adeel Hassan
Pakistan and the International Monetary Fund (IMF) have formally started the Pakistan IMF talks on the fourth review of the Extended Fund Facility and the third review of the Resilience and Sustainability Facility. The kick-off
Adeel Hassan
Prime Minister Shehbaz Sharif has called on the US business community and Pakistani-American business leaders to boost Shehbaz Sharif US investment in Pakistan, highlighting opportunities in sectors such as agriculture, mining, information technology, artificial intelligence,
Adeel Hassan
Pakistan Parliament austerity measures have been announced by the National Assembly and Senate to reduce official spending and conserve fuel as the country faces pressure from rising global oil prices and disruption to energy supplies.
Adeel Hassan
Pakistan’s National Assembly Standing Committee on Power Division has recommended removing the six-month restriction for Pakistan electricity subsidy consumers consuming up to 200 units per month. This proposal would provide more ongoing relief to protected
Adeel Hassan
Saudi Arabia’s critical East-West crude Saudi oil pipeline is set to get back up and running within days following a drone attack that knocked out a key pumping station for a short period. The development
Adeel Hassan
The part of a larger effort to diversify Pakistan economic strategy and improve the country’s standing in international markets. The government’s export strategy is also more focused on making Pakistani products competitive. Increased quality, better
Adeel Hassan
Pakistan petrol relief scheme of Rs100 per litre is intended to ease the financial burden on households and owners of small vehicles facing spiralling fuel prices.The scheme covers motorcycles, rickshaws, Qingqis and small cars and
Adeel Hassan
Pakistan’s re-entry into the Pakistan global bond market with a record $3 billion dual-tranche Eurobond sale is an important development for the country’s external financing position. The huge demand from international investors, with orders said
Adeel Hassan
The measures under Pakistan trade reforms aim to cut unnecessary import duties, streamline commercial procedures and remove obstacles that have historically raised costs for businesses. The reforms could make access to raw materials and key
Adeel Hassan
The State Bank of Pakistan (SBP) has proposed introducing the Pakistan Rs. 10 coin to replace the existing Rs. 10 banknote as part of an overall redesign of the country’s currency series. This proposal is
