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Tag: economic issues

Pakistan’s Fuel Pricing Scheme Under Scrutiny for IMF Loan Agreement

Government
Pakistan is facing a crucial deadline to finalize a long-awaited loan agreement with the International Monetary Fund (IMF) to receive a $1.1 billion tranche...

IMF Needs Financing Assurances

National
The International Monetary Fund (IMF) has said that assurances of financial assistance from bilateral and other sources are critical to supporting the authorities' policy...

CAD shrinks on rupee depreciation

Government
Pakistan's current account deficit (CAD) dropped to a nearly two-year low in February 2023 as the country's imports were reduced due to administrative controls...

Foreign Exchange Reserves in Pakistan Boosted by Chinese Loan Amid Economic Challenges

National
The State Bank of Pakistan (SBP) has reported a significant rise in its foreign exchange reserves, with the current total standing at over $4...

Blockchain in Insurance Forecast

National
Blockchain technology has been gaining significant momentum in recent years, and it is transforming various sectors of the global economy. One of the industries...

Pakistani Rupee Maintains Upward Trend Against the Dollar

Editorial
According to a report in The News, traders expect the Pakistani rupee to maintain its upward trend against the US dollar in the coming...

“Efficient Handling of Seized Foreign Currency: Pakistan’s New Mechanism for Transparency and Accountability”

Government
Recently, the authorities in Pakistan have adopted a new mechanism for the handling of seized foreign currency. This move has been taken to ensure...

PSL security expenditure deadlock

Government
The Pakistan Cricket Board (PCB) is currently facing a deadlock with the Punjab government over the security expenditures for the Pakistan Super League (PSL)...

From Warmth to Generosity: The Chinese Shoe Company Gift to Pakistan

Editorial
In 2022, Pakistan was hit by devastating floods that affected millions of people, causing loss of life and damage to infrastructure. The China Leather...

Closing Markets and Malls: Pakistan’s Energy Conservation Plan

Government
In response to the ongoing energy crisis, Karachi Commissioner Muhammad Iqbal Memon has directed the closure of shopping malls and markets by 8:30 pm....

“Tensions mount between PCB and Punjab government over PSL security costs”

Government
The fate of Pakistan Super League (PSL) matches scheduled to be held in Lahore and Rawalpindi remains undecided due to a deadlock between the...

Pakistan seeks IMF deal

Government
Prime Minister Shehbaz Sharif has stated that Pakistan is in the process of striking a deal with the International Monetary Fund (IMF) to revive...
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