Pakistan Begins Second Tranche Negotiations with IMF

Pakistan Begins Second Tranche Negotiations with IMF

Islamabad, November 2, 2023 - Pakistan has initiated Discussions with the International Monetary Fund (IMF) to Secure the Next installment of $700 Million as Reported by ARY News. An IMF Review Mission arrived in Pakistan

Stable Petrol Prices Bring Relief Amid Gas Price Hike

Stable Petrol Prices Bring Relief Amid Gas Price Hike

The Government of Pakistan has decided to Keep the Price of Petrol the Same at Rs283.38 per liter. This means you won't have to Pay more for Petrol for now at least until November 15.

Government Implements New Gas Tariff to Benefit Export Industry

Government Implements New Gas Tariff to Benefit Export Industry

In a recent development, the caretaker government has taken the decision to introduce a new gas tariff specifically targeted at the export industry. This decision is expected to have a huge impact on the economic

Elon Musk’s X Unveils New Subscription Plans: Ad-Free Experience and More”

Elon Musk’s X Unveils New Subscription Plans: Ad-Free Experience and More”

Elon Musk's Social media Platform, Previously Known as Twitter and now Rebranded as X unveiled Exciting new Developments on Friday. These Updates include the introduction of two Subscription Plans that aim to Enhance the user

ECC Approves Rs8 Billion for PIA’s Emergency Needs

ECC Approves Rs8 Billion for PIA’s Emergency Needs

Pakistan's Economic Coordination Committee (ECC) has approved a Financial lifeline of Rs8 billion to help the Financially Struggling Pakistan International Airlines (PIA). The Civil Aviation Authority (CAA) had initially asked for Rs25 billion to Provide

Pakistan downplays challenges to limit gas supply in winter amid tariff hike

Pakistan downplays challenges to limit gas supply in winter amid tariff hike

In a recent announcement by Caretaker Energy Minister Muhammad Ali, Pakistan faces the dire prospect of limited gas availability during the winter months, adding to the burden on households due to the already substantial increase

Four Pakistani Banks Fined Over Rs83 Million for Violating Banking Laws

Four Pakistani Banks Fined Over Rs83 Million for Violating Banking Laws

Four Pakistani Banks Fined Over Rs83 Million for Violating Banking Laws Four Pakistani banks recently faced fines totaling over Rs 83 million for violating banking laws, imposed by the State Bank of Pakistan (SBP). The

Pakistan Requests $1 Billion Oil Facility from Saudi Arabia Ahead of IMF Negotiations

Pakistan Requests $1 Billion Oil Facility from Saudi Arabia Ahead of IMF Negotiations

As Pakistan gears up for discussions with the International Monetary Fund (IMF), the government has reached out to Saudi Arabia, asking for a significant financial favor. They've made a formal request for a $1 billion

Government Increases Sugar Prices Due to Shortages

Government Increases Sugar Prices Due to Shortages

In a recent Development the Government-owned Utility Stores Corporation (USC) has decided to Raise the Price of Sugar by Rs8 Per kilogram. This Price Hike comes as the USC is Facing a Shortage of Sugar

Major Gas Price Increase Approved by the Government

Major Gas Price Increase Approved by the Government

In a Recent Decision the Government of Pakistan has Given the Green light for a Significant increase in Gas Prices and this is likely to affect the Wallets of the General Public. The Economic Coordination