The government and the State Bank of Pakistan (SBP) Monday rebutted rumours of imposing restrictions on foreign currency accounts, Roshan Digital Accounts, and safety deposit lockers....
Pakistan is seeking financial assistance from Saudi Arabia, Qatar and UAE, says Miftah Ismail. Saudi Arabia, hopefully, will reload [deposit money in Pakistan’s central bank] before...
Miftah Ismail announces “good news” on his Twitter handle. Finance minister says inflow will help shore up foreign exchange reserves. “Inflow is expected shortly after some...
NEPRA cites increase in fuel prices, capacity cost as reasons behind increase in power tariff. Basic power tariff has been raised by Rs.7.9078/kWh for the next...
Increase comes on back of a surge in prices of non-perishable food items. On a month-on-month basis, inflation increased by 0.4% in May. Cumulatively, 11MFY22 average...
Miftah says Russia neither offered oil nor responded to former govt’s requests. Says incumbent govt asked Russia and Ukraine, whoever can, to sell wheat to Pakistan....
Miftah Ismail says requested IMF to provide $2 billion additional funds. Country expects around $5 billion from Fund, finance minister says. Households not registered with BISP...
KSE-100 index closes at 42,440.25 after losing 1.53%. Delay in tough economic decisions and political uncertainty have unnerved investors. Shares of 314 companies were traded during...
Federal govt decides to restore Saturday as weekly off. Summary sent to federal cabinet for approval. Federal cabinet to meet tomorrow for final nod. ISLAMABAD: The...
Hajj will approximately cost Rs850,000 this year for Pakistanis. This year 81,132 Pakistanis will perform Hajj. In 2019, expenses for the pilgrimage were Rs435,000. ISLAMABAD: The Ministry of...