1 year ago Motorcyclists in Pakistan Paying Higher Tax on Petrol as Luxury Car Owners Get ‘Discount’ The federal government has raised the Petroleum Development Levy (PDL) on petrol to Rs. 70 per liter while maintaining a
1 year ago Govt Announces 3 Holidays for Eid ul Fitr The federal government has officially announced public holidays for Eid ul Fitr 2025, confirming a break from Monday, March 31
1 year ago Surge in Bank Financing to Private Sector Exceeds 250% in Current Financial Year Financing from commercial banks to the private sector has skyrocketed by over 250% in the current financial year, driven primarily
1 year ago Pakistan’s $1 Billion IMF Tranche Faces Setback as Review Remains Incomplete, Talks to Continue Virtually The International Monetary Fund (IMF) has concluded its in-person mission to Pakistan without reaching a Staff Level Agreement (SLA) on
1 year ago IMF and Pakistan Make “Significant Progress” to Staff Level Agreement: IMF The International Monetary Fund (IMF) has announced substantial headway in discussions with Pakistani authorities regarding the first review of the
1 year ago Govt Approves Massive Reduction in Solar Net Metering Rates The Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of Finance Minister Senator Muhammad Aurangzeb, met today and
1 year ago Google Wallet Officially Launches in Pakistan Google has officially launched its mobile payment service, Google Wallet, in Pakistan, bringing contactless payment capabilities to millions of smartphone
1 year ago 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
1 year ago 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
1 year ago 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