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An IMF official says Pakistan’s economy is headed in the right direction.

An IMF official says Pakistan’s economy is headed in the right direction.

After the IMF Executive Board meeting, Kristalina Georgieva gave a press conference where she praised Pakistan’s leadership and people. She…
IMF gives Pakistan a $1 billion loan tranche.

IMF gives Pakistan a $1 billion loan tranche.

The International Monetary Fund (IMF) approved a $7 billion loan for Islamabad under the Extended Fund Facility and disbursed the…
Today, the IMF board is expected to approve Pakistan’s $7 billion EFF programme.

Today, the IMF board is expected to approve Pakistan’s $7 billion EFF programme.

“Pakistan 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility” is on the Executive…
Unregistered enterprises are the target of the FBR’s announcement of action.

Unregistered enterprises are the target of the FBR’s announcement of action.

According to the information provided, the crackdown will target individuals who are running business under benami, which is an abbreviation…
“IPP owners warned to update PPAs or risk penalties.”

“IPP owners warned to update PPAs or risk penalties.”

Details indicate that owners of one independent power producer (IPP) created under the 2002 policy and four others established under…
Power output reaches a seven-year low.

Power output reaches a seven-year low.

As per the AHL Research research, Pakistan’s power generation in August 2024 was 17,714 megawatts (MW) or 13,179 gigawatt-hours (GWh),…
“81 industries closed in five years as a result of the electricity crisis.”

“81 industries closed in five years as a result of the electricity crisis.”

The house was informed by Parliamentary Secretary of Industries and Commerce Department Ali Ahmed, in answer to questions from MPs,…
OGDCL and CCDC Ink Memorandum of Understanding to Investigate Pakistan’s Shale and Tight Gas Prospects

OGDCL and CCDC Ink Memorandum of Understanding to Investigate Pakistan’s Shale and Tight Gas Prospects

To explore Pakistan’s shale and tight gas potential, the Chinese company CCDC and the country’s Oil and Gas Development Company…
Positive Trend At PSX: The 100-Index Rises More Than 1500 Points, Reaching 81,900 Points

Positive Trend At PSX: The 100-Index Rises More Than 1500 Points, Reaching 81,900 Points

The 100-index increased by more than 1500 points and was trading at 81,900 at the opening of business on the…
SIFC Promotes Growth in the Oil Sector by Selected Four Companies for Strategic Initiatives

SIFC Promotes Growth in the Oil Sector by Selected Four Companies for Strategic Initiatives

Pakistan’s oil and gas industry is expanding thanks in part to the Special Investment Facilitation Council. The purpose of this…
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