The International Monetary Fund’s (IMF) Executive Board will vote later today on a short-term $3 billion bailout program for Pakistan.The cash-strapped country on 30 June received approval for the nine-month arrangement under the lender’s $3 billion S…
The International Monetary Fund approved a $3 billion bailout program for Pakistan on Wednesday to help the cash-starved nation address its short-term, acute balance of payments crisis and avert a potential default.An IMF statement said that its execu…
Finance Minister Ishaq Dar has said State Bank of Pakistan has received two billion dollars of deposits from the Kingdom of Saudi Arabia.In a televised message today, he said the friendly country had made a commitment in this regard in the recent past…
The domestic prices of steel products have dipped by Rs. 25,000 per ton mark due to a sudden drop in the cost of raw materials in the international market.Domestic steel producers — International Steels Limited (ISL) and Aisha Steel Mills Limited (ASL…
Finance Minister Ishaq Dar has said economic situation of the country is improving due to prudent policies of the coalition government.He was virtually talking to a representative delegation of Chambers of Commerce and Industries and business organiza…
The salaried class has launched a campaign against the heavy taxation of salaried individuals under the Finance Act 2023.In this regard, the salaried class under the banner of “Save the Salaried Class” has launched a country-wide campaign.In a letter …
A recent rumor originating from an alleged “insider” at a Foxconn factory in China suggests that the upcoming Apple iPhone 15 lineup will feature substantial improvements in battery capacity. All four models are expected to benefit from these enhance…
The remittance inflows from overseas Pakistanis in Gulf Cooperation Council (GCC) countries continued to fall, showcasing a 16.5 percent year-on-year (YoY) drop amid the changing economic situation in the region and the prevalence of informal channels….
