Pakistan Nears IMF Staff-Level Agreement as Draft Policy Framework Shared
Pakistan has moved closer to securing a staff-level agreement with the International Monetary Fund after the lender shared a draft
KP Raises Concerns Over Rs. 6.5 Billion Share in Federal Development Budget Cut
The Khyber Pakhtunkhwa government has expressed concerns over the federal government’s decision to reduce the development budget, particularly the inclusion
Pakistan May Raise Petroleum Levy by Rs.5/Litre as IMF Deal on $1.2 Billion Tranche Nears
Pakistan is considering increasing the petroleum levy on petrol and diesel by Rs5 per litre as part of efforts to
Sharia-Compliant Funds Cross Rs. 2 Trillion for the First Time in Pakistan
Sharia-compliant mutual funds in Pakistan have crossed the Rs. 2 trillion milestone for the first time, reflecting sustained investor interest
CDA to Surrender Posh Islamabad Plots Within Weeks as Development Nears Completion
The Capital Development Authority (CDA) is preparing to begin handing over possession of plots in Islamabad’s E-12 sector within the
Massive Oil Theft Operation Busted in Sindh
Oil and Gas Development Company Limited (OGDC) has uncovered a large-scale crude oil theft operation along one of its key
Pakistan Raises Rs. 118 Billion in Sukuk Auction on Strong Demand
The government mobilised Rs. 118.05 billion through the latest auction of Ijarah Sukuk, as investor interest in Islamic instruments remained
Govt Releases Rs. 27 Billion to Pay for Unchanged Petrol, Diesel Prices
The federal government has disbursed Rs. 27 billion to the Oil and Gas Regulatory Authority (OGRA) to settle outstanding price
FBR Opens New Customs Station At Pak-Iran Border
The Federal Board of Revenue (FBR) has set up a new customs facility at the Pakistan-Iran border to manage incoming
SECP Approves 7 Pension Funding Schemes For Balochistan Govt
The Securities and Exchange Commission of Pakistan (SECP) has given the green light to seven pension funds for the Government
