Prime Minister Shehbaz Sharif Monday ordered the suspension of two senior officers of Pakistan Agricultural Storage and Services Corporation (PASSCO) over their negligence in wheat procurement.
The premier also directed the authorities concerned to …
The International Monetary Fund (IMF) has urged Pakistan to ensure economic stability by addressing its political crisis.
During the introductory session on a new loan program between the lender and the federal government on Monday, the IMF Mission …
The Pakistani rupee (PKR) again reversed gains against the US Dollar today after opening trade at 278 in the interbank market.
It was largely bearish and closed in red against the greenback. However, it managed to post some gains against other major…
The International Monetary Fund (IMF) has recommended that Pakistani authorities withdraw/eliminate all incentives for savings and financial investors in the upcoming fiscal year budget.
Sources told ProPakistani this includes perks for banks who re…
The Pakistan Stock Exchange (PSX) Monday announced that it is planning to implement the 5th batch of existing 500 Lot size Regular Market companies for transition into ONE Share Lot Size w.e.f. May 20, 2024.
As a result of said transition, these com…
The price of gold in Pakistan fell by over Rs. 1,000 per tola on Monday to settle at Rs. 242,300.
According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 1,200 per tola to Rs. 242,300, while the price of…
The National Transmission and Despatch Company (NTDC) is spearheading the development of the Islamabad West Substation, slated to be operational by 2026. Funded by the World Bank through the National Transmission and Modernization Project Phase-I, in…
The federal government has vowed to the International Monetary Fund (IMF) not to give any new fuel subsidies next fiscal year.
Authorities have committed to protecting low-income consumers, avoiding new subsidies, and refraining from netting out cro…
