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Govt to approach IMF ‘immediately after budget’ for new programme

Govt to approach IMF ‘immediately after budget’ for new programme

Govt is planning to wind up existing IMF programme. New programme is expected to be “tougher”, sources say. Next bailout…
Gold price falls as international rate continues to fluctuate

Gold price falls as international rate continues to fluctuate

Rate of gold declines by Rs1,800 per tola. International rate down by $21 per ounce. Price of silver remains unchanged. …
Govt to introduce new policy for existing refineries soon

Govt to introduce new policy for existing refineries soon

New policy is in the final stage and will offer incentives to refineries. Investors will be granted protection under Foreign…
SSGC issues statement on ‘gas loadshedding plan for Karachi, other areas’

SSGC issues statement on ‘gas loadshedding plan for Karachi, other areas’

The Sui Southern Gas Company (SSGC) has denied the media reports claiming that a gas loadshedding plan had been notified…
Gold price registers meagre increase in Pakistan

Gold price registers meagre increase in Pakistan

Rate of gold (24 carats) increases by Rs500 per tola. Interbank and open market rate gap widens. Gold falls $12…
PASHA partners with law firm to provide legal services to members at discounted rates

PASHA partners with law firm to provide legal services to members at discounted rates

PASHA — Pakistan Software Houses Association for IT and IT-enabled services sector — has announced a new partnership that will…
Govt yet to withdraw petrol subsidy in writing to IMF causing further dealy

Govt yet to withdraw petrol subsidy in writing to IMF causing further dealy

Officials suspect IMF delay is political game. Formal agreement with KSA is expected to be signed “very soon”. Authorities are…
Gold hits all-time high in Pakistan, yet again

Gold hits all-time high in Pakistan, yet again

Price of gold (24 carats) rises by Rs450 per tola. Gold reached previous high of Rs218,600 on 14th. Silver price…
Chinese envoy assures Pakistan of continued support

Chinese envoy assures Pakistan of continued support

Pang Chunxue offers Eid ul Fitr greetings. Dar appreciates Chinese support for Pakistan. Two discuss ways to enhance the cooperation. …
Gold nears historic high as rupee recovers

Gold nears historic high as rupee recovers

Gold price in Pakistan jumped to near a historic high after the rupee recovered as investors await the resumption of…
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