Business
IMF conditions likely to be implemented in budget 2023-24
The federal government has begun planning for the fiscal year 2023-24, in which the International Monetary Fund (IMF) criteria are...
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Finance Ministry Forecasts “Sustained High Inflation” in the Upcoming Months
Ministry of Finance Forecasts Continued Elevation of Headline Inflation in the Near Future, Raising Concerns for Public and Government According...
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FY 2023-24 Budget Presentation Anticipated in Early Jun
The schedule for preparing the new budget has been affected due to a delay in reaching an agreement with the...
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Eni Earns $550 Million by Reselling Cancelled LNG Contract to Pakistan: Report
According to a report published Friday, Eni S.p.A. profited almost $550 million by canceling and then reselling contractual liquefied natural...
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ADB backs out of multibillion-dollar Malir Expressway project
According to The News, the Asian Development Bank (ADB) has removed the Malir Motorway from its list of priorities and...
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SBP Provides Clarification on Rs75 Commemorative Banknote Demonetization
State Bank of Pakistan (SBP) Clarifies Rumours Regarding Demonetization of Rs75 Commemorative Banknote In response to the circulating rumors suggesting...
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PIA earns around 60 million profit in first quarter of 2023
Pakistan International Airlines (PIA) earned roughly Rs60 million profit in the first quarter (January-March) of 2023, according to Parliamentary Secretary...
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Reserves held by the SBP have increased to $4.46 billion
As the country attempts to acquire external finance and stay afloat, the State Bank of Pakistan's (SBP) foreign exchange reserves...
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SBP releases $50 million for govt Hajj scheme
The Pakistani Hajj Mission in Saudi Arabia has received the first payment of $50 million from the State Bank of...
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Slight decrease observed in rupee’s value against US dollar
During the early hours of trade on Thursday, the Pakistani rupee depreciated 0.07% against the US dollar in the interbank...
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