Remittances Sent by Overseas Pakistanis Surge 55% to $3.1 Billion in February
Remittances from overseas Pakistanis substantially increased in February 2025, rising by 55 percent year-on-year to reach $3.1 billion, according to
SBP Approves Merger of Silk Bank with UBL
The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank Limited
Govt to Cut Buyback Rate for Excess Electricity to Discourage Rooftop Net Metering Power Producers
The federal government is working on slashing the buyback rate for excess electricity while increasing the grid supply price for
IMF Engages in Crucial Policy-Level Talks With Govt
An International Monetary Fund (IMF) delegation is currently in Pakistan, holding critical policy-level discussions with the government to address key
PM Forms Inquiry Committee to Probe Port Qasim Land Deal
The Prime Minister has established a three-member inquiry committee to investigate the controversial Port Qasim land deal, valued at Rs.
IMF Rejects GST Waiver on Electricity Bills and Winter Relief Extension
During the ongoing economic review talks between Pakistan and the International Monetary Fund (IMF), the global lender has rejected the
IMF Expresses Concern Over Delay in Gas Tariff Notification for Captive Power Plants
The International Monetary Fund (IMF) has raised concerns over the government’s failure to notify revised gas tariffs for captive power
Pakistan’s Govt Debt Surges to Rs. 72.123 Trillion, Up 11.2% YoY
The federal government’s total public debt stock saw an 11.2% year-on-year (YoY) increase in January 2025, according to the latest
Govt Officials Ordered to Declare Assets by September 2025 to Meet IMF Conditions
The federal government has directed all government officials in Pakistan to declare their assets by September 2025, in compliance with
Govt Proposes Drastic Reduction in Solar Net Metering Rate
The government has shared a proposal with the International Monetary Fund (IMF) delegation to revise electricity tariffs for net metering
