KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $328 million to $10.558 billion in the week ending April 23, according to figures issued by the central bank on Thursday. As of April 23, the country’s total foreign reserves, including net reserves held by commercialRead More →
The country’s export of sports goods increased by 35.23 percent during the first three quarters of fiscal year (2021-22) when compared to the same quarters last year (2020-21). According to the Pakistan Bureau of Statistics, the country exported sports goods worth $259.851 million from July to March (2021-22) compared toRead More →
Miftah Ismail, Federal Minister for Finance and Revenue, announced on Sunday that the International Monetary Fund (IMF) has agreed to deploy a delegation to Pakistan in the middle of May 2022 to continue the Extended Fund Facility (EFF) programme. The federal minister told a news conference in Washington that heRead More →
Miftah Ismail, Federal Minister of Finance and Revenue, met with a group from the US-Pakistan Business Council in Washington on Friday. The conference was also attended by Pakistan’s Ambassador, Secretary of Finance, and Governor of the SBP. Miftah Ismail, speaking on the occasion, stated that Pakistan has a long andRead More →
The price of 10 gram 24 karat gold increased by Rs300 to Rs114,455 from Rs114,155 while that of 10 gram 22 karat also went up to Rs104,917 from Rs104,642, All Sindh Sarafa Jewellers Association reported. The price of per tola and ten gram silver remained constant at Rs1520 and Rs1303.15Read More →
Pakistan International Airlines (PIA) postponed its direct flights to Sydney, which were set to begin on April 22. According to a PIA spokesperson, the first direct flight from Lahore to Sydney was scheduled to depart on April 22. The Australian Interior Ministry decided at the last minute to review theRead More →
On late Tuesday night, a fire broke out at an illegal oil and gas agency in Multan’s busy residential sector. The fire swiftly spread and burned many surrounding businesses. In a three-hour frantic effort, at least eight fire department trucks and rescue squads arrived on the scene and got theRead More →
The World Economic Outlook Report has been released by the International Monetary Fund (IMF). According to the IMF’s World Economic Outlook, Pakistan’s economic growth, inflation, and current account deficit targets will not be met this year. According to the report, economic growth is expected to be 4% this year, upRead More →
Pakistan Muslim League-Nawaz (PML-N) leader and Prime Minister (PM) Shehbaz Sharif stated that China is Pakistan’s most important ally and has supported the country since its inception. While inaugurating the Metro Bus Service from Peshawar Morr to New Islamabad International Airport, Prime Minister Shehbaz Sharif will travel by Metro BusRead More →
Prime Minister Shehbaz Sharif declared on Tuesday that the Metro from Islamabad Peshawar Mor to the airport would be operational within five days. According to information, the PM instructed that all plans for running the metro bus be completed within five days, and that the responsible departments complete the arrangementsRead More →
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