Government
COP28: Pakistan's Urgent Call for Global Climate Action
In a compelling address at the 28th Conference of Parties of the United Nations (COP 28) in Dubai, Caretaker Prime Minister Anwaar-ul-Haq Kakar urged developed nations
economic issues
National
Nawaz Sharif Blames Imran's Backers for Economic Woes
Former PM Nawaz Sharif the supreme leader of PML-N, asserted that the imposition of Imran Khan as the Prime Minister halted the wheels of progress. Speaking at
National
Supporting Poverty Reduction Efforts in Pakistan
Pakistan, a country with a diverse population of over 200 million, faces significant economic challenges that contribute to widespread poverty. According to the World Bank, more than 39.
Corporate
Pakistan's Economic Challenges in FY23
Pakistan's economy has faced tremendous challenges of macroeconomic imbalances, supply shocks, and international economic slowdown, which has dampened growth in the past two years. The World
Government
IMF Reshapes Pakistan's Outlook
The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirements for the current fiscal year, reducing it by $3.4 billion to $25 billion. The
Corporate
Copper Price Seeks Stability Amidst Corrective Rebound
The price of copper has experienced a corrective bullish rebound, reaching 3.6600 as it takes a brief pause. The intention is to gather positive momentum, reinforcing a
World
A Decade of China-Pakistan Economic Corridor
The All Pakistan China Enterprises Association and Pakistan China Institute jointly launched a comprehensive report titled 'Ten Years of China Pakistan Economic Corridor,' shining a spotlight
Government
Supreme Court Issues Order in NAB Amendments Case
The Supreme Court has released a detailed order pertaining to the NAB amendments case hearing, which transpired on October 31. The written order divulges that the highest court
Breaking News
Air Travel Woes Amid Fare Hikes
Private airlines in Pakistan have significantly hiked their domestic flight fares as Pakistan International Airlines (PIA) grapples with severe disruptions in its flight operations due to an acute
National
Fuel Shortage Prompts Cancellation of 14 PIA Flights
Pakistan International Airlines (PIA) has been compelled to cancel 14 international and domestic flights due to a severe fuel shortage. The crisis erupted after the state-owned Pakistan
World
Pakistan's Commitment to Global Economic Ties
Dr. Shamshad Akhtar, Pakistan's Caretaker Finance Minister, has highlighted the nation's unwavering dedication to fostering economic prosperity and promoting international financial cooperation. Her remarks
Government
Massive Gas Price Hike Proposed by Caretaker Government
The caretaker government is preparing to implement a significant increase in gas prices, with reports indicating that the rise could be as high as 100% for various consumer
Government
Government's Pledge: Passing Petro Price Benefits to Public
Caretaker Minister for Information and Broadcasting, Murtaza Solangi, has expressed the federal government's commitment to ensuring that the recent reduction in petroleum prices translates into lower
National
Pakistani Rupee Against USD: Promising Economic Turnaround
In a remarkable display of resilience and economic recovery, the Pakistani rupee has surged, appreciating by 1.4 percent against the US dollar in the interbank market throughout
Government
Caretaker Government's Decision on Power Bill Relief Expected by Monday
In a recent press conference held in Islamabad on September 8, 2023, Caretaker Energy Minister Muhammad Ali announced that the interim government is poised to make a significant
Corporate
"USD to PKR: Pakistan's Dollar Exchange Rate – August 31, 2023"
In the world of financial fluctuations, where currencies constantly dance to the tune of global markets, the exchange rate between the US Dollar (USD) and the Pakistani Rupee