Pakistan paid $3.5 billion in interest to IMF, Senate Committee told
In the last four years, Pakistan borrowed over $6.26 billion from the IMF and repaid $4.52 billion. ISLAMABAD: Over the…
Economy
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Petrol Price in Pakistan reduced for August 2024; Check new rates
The new price of high-speed diesel (HSD) will be Rs272.77 from the existing rate of Rs283.63 per litre following a…
Latest currency exchange rates in Pakistan Today – August 1, 2024
Exchange rates usually vary based on the location and the Exchange Company or bank involved in the transaction. KARACHI: The US…
Gold Rate in Pakistan today – August 1, 2024
Sarafa Markets in various cities provided the above rates. KARACHI: According to the most recent information from the Karachi, Multan,…
SBP cuts key policy rate by 100bps to 19.50pc
The decision has been taken amid a decline in the inflation rate, Jameel Ahmed said. KARACHI: State Bank of Pakistan…
Pakistan to privatise energy sector in 2025: Details inside
The privatisation initiative is part of a broader economic reform agenda that Pakistan has committed to in exchange for financial…
ADB approves $40 Million loan for Pakistan
The project will offer conditional cash grants for livestock, agriculture, small businesses, and e-commerce. MANILA: The Asian Development Bank (ADB)…
Pakistan sets $60 billion target for annual exports in three years
The prime minister tasked the power ministry to present a comprehensive plan to provide low-cost electricity to the industries. ISLAMABAD:…
Dettol maker Reckitt Benckiser fined Rs 1.5 crore for false advertisements
The Dettol maker was found guilty of deceptive marketing practices for violating the Competition Act, 2010. ISLAMABAD: The District Competition…
Abu Dhabi Ports announces $250 million investment in Karachi port
The terminal will be able to handle cargo ships of up to 120,000 tonnes as well as boost economic activities…