Federal Finance Minister Muhammad Aurangzeb on Friday provided updates on the country’s economic recovery efforts, emphasizing the positive strides made in various sectors. Addressing an event at the Pakistan Stock Exchange, the minister revealed that the current account deficit had remained in surplus throughout February. He further stressed the pivotal role played by the stock مزید پڑھیں

The per tola rate of 24 karat gold witnessed an increase of Rs.100 and was sold at Rs.229,500 on Wednesday compared to its sale at Rs. 229,400 on the last trading day. The price of 10 grams of 24 karat gold also increased by Rs.86 to Rs.196,760 from Rs. 196,674 whereas the price of 10 مزید پڑھیں

Gold rates in Pakistan advanced on Tuesday in line with an increase in the international rate. The yellow metal was priced at Rs229,400 per tola after a gain of Rs1,200 during the day. The 10-gram gold was sold at Rs196,674 after an increase of Rs1,029, according to rates shared by the All Pakistan Gems and مزید پڑھیں

Islamabad has decided to approach Washington to seek a waiver on the Iran-Pakistan gas pipeline project, Petroleum Minister Musadik Malik said on Monday. “Pakistan will vigorously present its case and will try to seek exemption from US sanctions by presenting technical and political arguments,” he said in an informal conversation with the media. In February مزید پڑھیں

In order to support Digital Economy Enhancement Project (DEEP) and Sindh Barrages Improvement Project (SBIP), the World Bank’s Board of Executive Directors has approved $149.7 million in financing for Pakistan. DEEP worth $78 million will support the expansion of digitally enabled public services delivery for citizens and firms, while the second additional financing for the مزید پڑھیں

Finance Minister Muhammad Aurangzeb said on Friday that the matter of an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) will be discussed in Washington next month as the country looks to alleviate a full-scale economic crisis. The standby $3 billion arrangement with the global lender expires on April 11, and the two مزید پڑھیں

24 karat gold per tola price witnessed an increase of Rs4,600 and was sold at Rs232,400 on Thursday compared to its sale at Rs227,800 on the last trading day. According to All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karat gold also increased by Rs3,943 to Rs199,245 from Rs195,302 whereas the مزید پڑھیں

Hours after talks between Pakistan and International Monetary Fund concluded, the Fund officially said a staff-level agreement has been reached regarding the stand-by agreement. The agreement will lead to $1.1 billion being released. “The IMF team has reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan’s stabilization program مزید پڑھیں

The gold rates continue to increase in Pakistan in line with the international rate. The yellow metal was priced at Rs227,800 per tola after an increase of Rs500 during the day, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). The 10-gram gold was sold at Rs195,302 after it jacked مزید پڑھیں

The International Monetary Fund (IMF) review mission has extended its stay in Pakistan by a day as both sides have been unable to develop a consensus on a staff level agreement for the second review and release of the third tranche worth $1.1 billion under the Stand By Arrangement. The lender is seeking assurance from مزید پڑھیں