Pakistan Gets IMF’s Green Signal for Reducing Electricity Prices
The International Monetary Fund (IMF) has approved a reduction in electricity prices for Pakistani consumers, according to sources close to
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
SBP Keeps Interest Rate Unchanged After 6 Successive Cuts
The State Bank of Pakistan (SBP) announced on Monday that it has kept the interest rate unchanged at 12 percent.
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
Govt Considers New Pay Scales and Reforms for Top Bureaucracy
The government is exploring the creation of new pay scales for senior bureaucrats to address the growing demands of technical
Zarea Limited Expands into Local Coal Supply Chain
Zarea Limited has announced its strategic expansion into the local coal supply chain, aiming to solidify its position in the
Action Initiated Against Airport Officials Over Passport Blocking and Bribery Allegations at Airports
The federal government has initiated an investigation into allegations of passport blocking and bribery at airports, following a formal complaint
Govt to Submit New Solar Panel Policy to ECC, Aims to Address Circular Debt
Federal Minister for Power Division, Sardar Awais Ahmad Khan Leghari, has announced that a new solar panel policy will soon
