The International Monetary Fund (IMF) on Friday refused a request of the Pakistan Tehrek-e-Insaf (PTI) to audit the February 8 election results. In a statement, the global lending institution said that it considers the politics of Pakistan an internal matter of the country and it had no mandate to comment on the issue. The statement مزید پڑھیں

With the month of Ramadan less than a week away, the Sui Southern Gas Company (SSGC) has announced a “load-shedding marred” gas supply for the holy month. In a statement, the SSGC said that it would only be able to provide gas between 3:00am to 9:00am (Sahar) and 3:00pm to 10:00pm (Iftaar) in Ramadan. Also, مزید پڑھیں

The International Monetary Fund announced on Thursday that it will send its team for the second review of the Stand-by agreement as soon as the new cabinet is formed. In a scheduled press briefing on Thursday, IMF Communication Director Julie Kozack said that the caretaker government has maintained economic stability through ‘through strict adherence to مزید پڑھیں

The per tola price of 24 karat gold increased by Rs.3,500 and was sold at Rs.220,300 on Saturday compared to its sale at Rs.216,800 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.3,001 to Rs.188,872 from Rs.185,871 whereas the prices of 10 gram 22 karat gold went مزید پڑھیں

The International Monetary Fund (IMF) has recommended the government of Pakistan to implement 18 per cent General Sales Tax (GST) on food, medicine, petroleum products, and stationery. According to details, the IMF experts have recommended the newly-elected government of Pakistan to end sales tax relaxation in its report dispatched to Islamabad. The IMF team visited مزید پڑھیں

The Ministry of Religious Affairs has announced the Nisab, or minimum amount of wealth liable to Zakat, for a deduction from bank accounts in the month of Ramadan 2024. Zakat is the essential third pillar of Islam which serves to cleanse the wealth accumulated by the rich every year to distribute the money among the مزید پڑھیں

Moody’s Investors Service on Thursday changed its outlook on Pakistan’s banking sector from “negative” to “stable” citing its solid profitability, stable funding and liquidity, which it said “provide an adequate buffer’ to withstand the country’s macroeconomic challenges and political turmoil. The international rating agency — one of the top three global rating firms — said مزید پڑھیں

In a recent announcement, the Administrator General Zakat unveiled the Nisab of Zakat for the upcoming Zakat year 1444–45 A.H., establishing the minimum threshold at Rs135,179. As per the Zakat and Ushr Ordinance of 1980, no Zakat deduction at source will be applied if the account balance remains below this amount on the inaugural day مزید پڑھیں

The world’s trade ministers are set for tough negotiations on Tuesday at a World Trade Organisation (WTO) meeting in Abu Dhabi, with fisheries and agriculture taking centre stage. The closed talks will take place on the second day of the WTO’s 13th ministerial conference which is scheduled to run until Thursday but could go into مزید پڑھیں

In a major development, China has rolled over a $2 billion debt to Pakistan. Pakistan has borrowed $2 billion from China on a 7.1% interest rate, the sources said, adding that the loan was maturing in the week of March. The sources said Pakistan paid Rs26.6 billion in the last fiscal year to China, Saudi مزید پڑھیں