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Gold Rates in Pakistan for March 3, 2025

Gold Rates in Pakistan for March 3, 2025

The gold market in Pakistan has a temporary downturn because rates for every purity fell this week compared to last week's rates. Consumers can find a steady gold market today because 24K gold sells for

Gold Price Crosses Rs300,000 Per Tola in Pakistan

Gold Price Crosses Rs300,000 Per Tola in Pakistan

For the first time Pakistani purchasers now pay Rs300,046 to buy one tola of gold due to a historic market change. The APGJSA measured gold prices rise at Rs1,346 per tola and Rs1,154 per 10

SBP Reduces the Interest Rate by 100 Basis Points

SBP Reduces the Interest Rate by 100 Basis Points

Economic data shared by Jameel Ahmad the State Bank of Pakistan (SBP) Governor led to a 100 basis points policy rate decrease effective from 17 December 2024 and gradually lowering the rate to 12%. The

Pakistan Finance Minister Heads to Davos for WEF 2025 Summit

Pakistan Finance Minister Heads to Davos for WEF 2025 Summit

The Pakistani Finance Minister Muhammad Aurangzeb has set off for Davos Switzerland for WEF 2025 Annual Meeting will be hosted from January 20-24. It is named as “The grand summit on ‘Collaboration for the Intelligent

Pakistan’s Inflation Drops to Lowest Level in 6.5 years

Pakistan’s Inflation Drops to Lowest Level in 6.5 years

Pakistan has been in a position to experience decreases in its inflation rate after it hit its lowest point after more than 6.5 years this year from recent months of 28.62 percent to 4.9 percent.

Pakistan Secures $330 Million Social Protection Loan from ADB

Pakistan Secures $330 Million Social Protection Loan from ADB

There is important new financial news in Pakistan from the Asian Development Bank (ADB): Integrated Social Protection Development Program (ISPDP) Additional Financing $330 million loan agreement signed recently. Signed on Saturday by Secretary of Economic

World Bank Approves $240 Million to Improve Karachi’s Water and Sanitation Services

World Bank Approves $240 Million to Improve Karachi’s Water and Sanitation Services

The World Bank has raised $240 million in financing for the Second Karachi Water and Sewerage Services Improvement Project (KWSSIP-2) to improve the water and Sanitation sector facilities in Pakistan’s largest city.  https://twitter.com/ARYNEWSOFFICIAL/status/1867486419175825676 Through the

Pakistan is at Risk of Missing IMF Loan Targets

Pakistan is at Risk of Missing IMF Loan Targets

Pakistan is at risk of the most important economic test as it seems to be falling short of meeting most of the targets set by the IMF for its current loan package. Inside sources indicate

Pakistan requests $1 billion in climate finance from International Monetary Fund

Pakistan requests $1 billion in climate finance from International Monetary Fund

In September, the executive board of the International Monetary Fund approved a fresh $7 billion loan for Pakistan, authorities said. It came more than a couple of months after both sides said they had reached

Moody’s Upgrades Pakistan’s Credit Rating, Signaling Economic Improvement

Moody’s Upgrades Pakistan’s Credit Rating, Signaling Economic Improvement

This is positive news for Pakistan’s economy as Moody’s Ratings has raised Pakistan’s local and foreign currency issuer and senior unsecured debt rating from Caa3 to Caa2. It is attributed to a gradually enhancing macroeconomic