The per tola price of 24 karat gold increased by Rs1,600 and was sold at Rs 214,800 on Monday against its sale at Rs 213,200 the previous day. The price of 10 grams of 24 karat gold also increased by Rs1,371 to Rs 184,156 from Rs 182,785 whereas the price of 10 grams 22 karat مزید پڑھیں

Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar on Saturday said that the government has reduced the price of petrol by Rs9 per litre, while the rate of high-speed diesel (HSD) slashed by Rs7 per litre. In a televised address on Saturday, the finance minister said one petroleum product had witnessed increase while مزید پڑھیں

Prime Minister Shehbaz Sharif has assured that Pakistan will fully honor the agreement reached with the International Monetary Fund. In a telephonic conversation with Managing Director of IMF Kristalina Georgieva, the Prime Minister said, during a meeting with his economic team, he made it clear that even the slightest violation of the agreement will not مزید پڑھیں

Steadfast policy implementation is critical for Pakistan in the period ahead, International Monetary Fund (IMF) spokesperson Julie Kozack said Thursday, after the lender approved a bailout for the cash-starved. “This will be critical for success of the programme and, of course, ultimately, for to aid and support the people of Pakistan,” the IMF spokesperson’s said مزید پڑھیں

The International Monetary Fund (IMF) on Thursday transferred US$1.2 billion to State Bank of Pakistan (SBP) out of total $3 billion under the Stand-By Agreement (SBA) that was approved by the IMF board the previous day. Talking to media persons, Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said that the balance amount مزید پڑھیں

Minister for Power Khurram Dastagir has said no increase has been made in the basic tariff of electricity since September last year. Addressing a news conference in Islamabad today, he said the fuel price adjustment has also been kept at the minimal level. The Minister for Power said the feeders of Category I and II مزید پڑھیں

Finance Minister Ishaq Dar said on Wednesday that the United Arab Emirates (UAE) has deposited $1 billion in Pakistan’s central bank, another boost for the country’s depleting foreign exchange reserves. Ishaq Dar has said that Pakistan has received $1 billion from the United Arab Emirates (UAE) as part of its financial commitment to help Pakistan مزید پڑھیں

Rating agency Fitch on Monday revised its outlook on Pakistan from ‘CCC-’ to ‘CCC’ as Pakistan managed to secure a last-minute bailout deal. In the latest update, the American credit rating agency said the upgrade depicts improved external liquidity and funding conditions in light of SLA with the IMF on a nine-month Stand-by Arrangement (SBA). مزید پڑھیں

The National Electric Power Regulatory Authority (Nepra) Monday approved another Rs1.24 per unit hike in power tariff on account of third-quarter adjustments of the financial year 2022-23. This amount will be recovered from the consumers in the month of July, August and September. Furthermore, the increase in electricity tariff will apply to all the consumer مزید پڑھیں

Gold prices continued downward trend in domestic market for second consecutive day on Tuesday as Pakistani rupee made rebound against the US dollar following IMF loan deal. The price of per tola gold plunged by Rs2,200 to close at Rs205,000 while the price of 10 grams of 24 carats gold saw a decline of Rs1,887 مزید پڑھیں