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government reduces diesel and petrol costs

government reduces diesel and petrol costs

Prime Minister (PM) Shehbaz Sharif gave his permission, and the Ministry of Finance thereafter released a statement. The announcement states…
In the first month of FY 2024–2025, FBR collected Rs 659.2 billion.

In the first month of FY 2024–2025, FBR collected Rs 659.2 billion.

According to a news release from FBR here on Wednesday, the board has made reimbursements of Rs 77.9 billion. The…
The chairman of FBR wants to retire early due to criticism.

The chairman of FBR wants to retire early due to criticism.

Amjad Zubair Tiwana, the chairman of the Federal Board of Revenue (FBR), declared his intention to retire early. A letter…
Aug. 20, 2024, Rs. 100 Prize Bond: Verify the draw date and winning sum

Aug. 20, 2024, Rs. 100 Prize Bond: Verify the draw date and winning sum

The ballot for the Rs100 Prize Bond will be held on Thursday, August 15, 2024, at the National Savings Division…
The key policy rate is lowered by SBP by 100 bps to 19.5 pc.

The key policy rate is lowered by SBP by 100 bps to 19.5 pc.

The State Bank of Pakistan (SBP) lowered the benchmark interest rate on Monday from 20.5 percent to 19.5% by 100…
Under its new monetary strategy, SBP may lower interest rates today.

Under its new monetary strategy, SBP may lower interest rates today.

The market is expecting a second straight interest rate drop when Governor SBP Jameel Ahmad makes his monetary policy announcement.…
Pakistan currently has $14.3 billion in foreign exchange reserves.

Pakistan currently has $14.3 billion in foreign exchange reserves.

SBP’s holdings of Pakistani reserves fell by US$397 million to US$9.02 billion, according to a statement from the central bank.…
Weekly inflation in Pakistan increased by 0.17 percent.

Weekly inflation in Pakistan increased by 0.17 percent.

The SPI for the week under review in the aforementioned group was reported at 321.95 points, as opposed to 321.40…
An investigation was “launched” into PTA’s inability to get Rs. 78 billion back from Telcos

An investigation was “launched” into PTA’s inability to get Rs. 78 billion back from Telcos

The PTA has reportedly been instructed to reply to NAB by July 29. According to the enquiry, the national exchequer…
IPPs in Pakistan are receiving billions of rupees while not generating any electricity.

IPPs in Pakistan are receiving billions of rupees while not generating any electricity.

In the worst-case scenario, power plant agreements have led to capacity payments to independent power producers (IPPs), which are fully…
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