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WEB DESK
February 23, 2024

Who’s next for the thorny throne of Finance Minister?

Ishaq Dar has been the finance minister many times and also at a time when Pakistan is trying to get another package from International Monetary Fund (IMF) to avoid default, Ishaq Dar is being considered as the top favorite for this important post.

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WEB DESK
February 20, 2024

Speculation abounds over Pakistan’s next finance minister

Sources further disclosed that Kiyani, the second PML-N nominee for the portfolio after Ishaq Dar, faced opposition from the establishment.

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WEB DESK
December 22, 2023

EXIM Bank set to revolutionise Pakistan’s export sector

Caretaker Finance Minister Dr Shamshad Akhtar, speaking at the launch ceremony, underscored the pivotal role of EXIM in facilitating the nation’s trade landscape.

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WEB DESK
December 18, 2023

State Bank of Pakistan announces up to 30% salary raise for employees

The State Bank of Pakistan (SBP) announced a 30 per cent increase in salaries for its employees, effective July 1, 2023.

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WEB DESK
December 7, 2023

IMF proposes digital overhaul for Pakistan’s budget making process

The technical assistance mission of the International Monetary Fund (IMF) has reassured Pakistan by proposing solutions for digitising the budget-making process.

Pakistan

WEB DESK
November 30, 2023

SBP reserves increase by $77 million, reaching $7.26 billion in one week

During the week ending on November 24, 2023, the State Bank of Pakistan (SBP) saw a noteworthy increase of $77 million in its foreign exchange reserves, reaching a total of $7.26 billion, as reported in data released on Thursday.

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WEB DESK
November 25, 2023

FinMin foresees gradual inflation reduction amid improved financial management

Caretaker Finance Minister Shamshad Akhtar has expressed optimism that inflation in Pakistan will gradually decrease due to the country’s improved financial management.

Zafar Ali
November 16, 2023

Finance minister announces gas price hike in January 2024

Caretaker finance minister says the government will increase the gas prices again in January 2024 to curtail the circular debt

WEB DESK
November 16, 2023

Caretaker PM holds 10 tolas of gold, valuing at Rs 80,000

Caretaker finance minister Shamshad Akhtar owns a house worth Rs 4 million in Karachi DHA, phase 6, along with a plot in Karachi DHA valued at Rs 125,000, which she says was a gift by her father.

WEB DESK
November 11, 2023

Electricity prices up again for K-Electric consumers as ECC greenlights uniform tariff rise

The sources indicate that under the decision, consumers of K-Electric will experience an additional charge of 46 paisas per unit over the next three months.