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ADB Approves $540 Million for Pakistan Development Projects
ISLAMABAD: The Asian Development Bank (ADB) has approved $540 million in funding for Pakistan, according to an official statement.
Out of this amount, $400 million will be allocated for reforms in state-owned enterprises. The remaining…
IMF Demands Disclosure of Govt Employees’ Assets: Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb has stated that the International Monetary Fund (IMF) has requested the disclosure of government employees’ assets.
Speaking to the media, Aurangzeb said that legislation has…
Pakistan issues NOC to Binance and HTX for crypto and digital currency initiatives
akistan has granted permission to Binance and HTX for the development and operations of cryptocurrency and digital currency.
According to reports, the Pakistan Virtual Assets Regulatory Authority (PVRA) has issued an NOC to Binance…
Petroleum prices in Pakistan expected to drop by up to Rs11 per litre from Dec 16
Good news for Pakistanis: there is a possibility of a major reduction—up to 11 rupees—in petroleum product prices after four days.
According to report, from December 16, petroleum product prices may decrease by up to 11 rupees per…
Gold prices soar in Pakistan, silver prices follow suit
Gold prices hovered near a seven-week high on Friday, supported by expectations that the US Federal Reserve will continue cutting interest rates next year. Prices in Pakistan followed the international trend, with per tola price hovering…
WB clears $400m loan for Punjab’s water, urban development projects
The World Bank (WB) has approved a $400 million loan to support the Punjab Inclusive Cities Program, a large-scale initiative designed to expand access to clean drinking water, improve sanitation systems, and strengthen local governance…
PSX holds steady as PKR strengthens
The Pakistan Stock Exchange (PSX) saw a stable movement towards the end of the business week on Friday morning, while the rupee strengthened further as the US dollar continued its downward trend.
Trading at the PSX opened on a…
Pakistan scrambles to plug tax gap as IMF demands tough reforms
Pakistan has presented a wide-ranging fiscal plan to the International Monetary Fund (IMF), committing to additional tax measures and spending cuts if revenue collection falls short by the end of the current month, according to the latest…
Customs Seize Smuggled Diesel, Vehicles Worth Rs190m
Quetta-(News Desk)-Customs Enforcement Quetta has seized 275,000 litres of smuggled diesel and two prime movers, together valued at Rs. 190 million, in two major anti-smuggling operations conducted in and around the city. A total of 11…
