Govt to present the federal budget on June 10 while the IMF discussions extend Blogging Sole

Govt to present the federal budget on June 10 while the IMF discussions extend

 Blogging Sole

An employee has Pakistani rupee tickets in a Peshawar bank. – Reuters The economic survey which will be unveiled on June 9 as part of budgetary preparations. No agreement concluded with the IMF on budgetary objectives in recent negotiations. Discussions with the IMF will continue until next week to finalize the budget details. The federal … Read more

The IMF defends the bailout of Pakistan, rejects Indian objections Blogging Sole

The IMF defends the bailout of Pakistan, rejects Indian objections

 Blogging Sole

IMF spokesperson Julie Kozack tackles a press conference in Washington on this unclean photo. -IMF Says unused disbursement for soldiers or the budget. Structural reforms and guarantees in place. Impact of noted conflict; Peace has urged. The International Monetary Fund (IMF) defended its recent disbursement in Pakistan on Thursday under prolonged funds (EFF), rejecting Indian … Read more

IMF reluctant to budget relief measures, binds them to FBR income Blogging Sole

IMF reluctant to budget relief measures, binds them to FBR income

 Blogging Sole

A view of the International Logo of the Monetary Fund at its head office in Washington, DC, United States, November 24, 2024. – Reuters Defense expenses were exempt in the midst of security considerations. Pakistan is looking for $ 1 billion in water loans. The government aims to finalize the budget aligned by the IMF … Read more

Electricity production records 22% overvoltage in April after reduction of the price Blogging Sole

Electricity production records 22% overvoltage in April after reduction of the price

 Blogging Sole

A power transmission tower is seen one day after a power failure across the country, in Karachi, on January 24, 2023. – Reuters The cost of energy production in April increased by 8.0% in annual shift. “The April electricity production was the highest in eight months”. RLNG electricity production leads to an increase in prices. … Read more

The IMF pressure for higher taxes on fertilizers, pesticides Blogging Sole

The IMF pressure for higher taxes on fertilizers, pesticides

 Blogging Sole

A participant stands near an IMF logo in the International Monetary Fund – Annual Réunion de la Banque 2018 World Bank in Nusa Dua, Bali, Indonesia, October 12, 2018. ← Reuters The IMF provides for an increase in the fertilizer FED from 5% to 10%. The world lender also offers a new 5% tax on … Read more

Govt reduces the profit rates of national savings as yields decrease Blogging Sole

Govt reduces the profit rates of national savings as yields decrease

 Blogging Sole

Central Directorate of the national savings building seen in this undated photo. – App / file Certificate of special saving certificate now 10.9% after a reduction of 30 bps. Retirees benefit and Behbood certificates report 13.44% after revision. Islamic savings rates are lowered by 10 BPS in the midst of declining market yields. The Central … Read more

KSE-100 reaches a record while the rally extends over the bullish feeling Blogging Sole

KSE-100 reaches a record while the rally extends over the bullish feeling

 Blogging Sole

Stockbroker monitors Pakistan stock market prices in Karachi on April 7, 2025. – INP The equity market rallied on Thursday, with the Benchmark KSE-100 index reaching a new summit of all time at the start of trade, continuing its upward trajectory while investors maintained the purchase of dynamics in the key sectors. The rally follows … Read more

Govt likely to impose RS2.50 per liter carbon lever on police products Blogging Sole

Govt likely to impose RS2.50 per liter carbon lever on police products

 Blogging Sole

An image of representation of a fuel filling machine. – Reuters Measure the alignments on the conditions established by the International Monetary Fund. The lender provides Pakistan $ 1.3 billion under the RSF. RS2.50 Levy on three products would help recover RS6-7 billion a month. The oil division made a summary to the cabinet committee … Read more

Bitcoin goes to a new high record, Eclipses January Top Blogging Sole

Bitcoin goes to a new high record, Eclipses January Top

 Blogging Sole

Bitcoin tokens and a price table are seen in this illustration photo taken on November 21, 2024.— Reuters The price of Bitcoin reached its highest level ever recorded on Wednesday, eclipstating the previous summit from January, while the feeling of risk continues to improve after the sale induced by the price of last month. The … Read more

The OGRA suggests an increase in the gas rate for SNGPL, cutting for SSGC Blogging Sole

The OGRA suggests an increase in the gas rate for SNGPL, cutting for SSGC

 Blogging Sole

The headquarters of the Oil and Gas Regulatory Authority (OGRA). – App / file The revised gas prices for FY2025-26 by OGRA. RS534BN Back needed to settle for SNGPL. Final rates subject to government approval. Islamabad: the oil and gas regulatory authority (OGRA) proposed on Tuesday revised gas prices for financial year 2025-26, recommending an … Read more

The PM emphasizes a decisive action to correct the 70th anniversary of mismanagement ‘in the tax system Blogging Sole

The PM emphasizes a decisive action to correct the 70th anniversary of mismanagement ‘in the tax system

 Blogging Sole

The PM Shehbaz Sharif chairs an exam meeting concerning the FBR reforms in Islamabad on May 20, 2025. – PID PM says that the maximum facilitation to provide honest taxpayers. Add a tax evasion to deal with strict legal action without any concession. Digital surveillance systems will be installed to limit smuggling. Prime Minister Shehbaz … Read more