Representations of virtual cryptocurrencies are visible in this illustration taken on November 28, 2021. – Reuters Finnish Aurangzeb to chair the meeting. The CEO of the CCP, Bilal Bin Saqib, to attend the session. Meeting to discuss the framework to govern digital assets. Islamabad: Pakistan Crypto Council (PCC) should hold a high -level meeting on … Read more
A currency broker stands near his stand, which is decorated with photos of currency tickets, while dealing with customers, along a road to Karachi.— Reuters / File Ficch Mode Testament at the macroeconomic station in FY25. Income growth has exceeded spending, reducing the budget deficit. C / A posted an excess of $ 1.9 billion, … Read more
An image of a Pakistan International Airlines plane (PIA). – App / file Extended date of 15 days from the previous deadline of June 3. The manager indicates that the date has been extended due to Eid Ult Adha. The process is one of the reforms agreed with the IMF by virtue of the eff. … Read more
A view of the K -Electric head office, with solar panels in the parking lot, in Karachi, January 24, 2023. – Reuters NEPRA grants KE 12% USD ROE for the transmission segment The Ministry of Energy rejects the yields linked abroad as unjustified. Critics warn high dollar yields for electricity consumers in difficulty. In a … Read more
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 Federal Minister of Planning, Ahsan Iqbal, speaks with Reuters during an interview in Islamabad, August 29, 2022. – Reuters 700 billion rupees necessary to meet the requirements of the donor project. PSDP financing is less than RS1 600 billion target estimate. Govt reduces 200 projects of the current development program. Islamabad: The federal government … Read more
London / Dubai: OPEC + agreed to speed up oil production increases for a second consecutive month, increasing production in June by 411,000 barrels per day, the group announced on Saturday, despite the drop in prices and the expectations of a lower demand. After an online meeting lasting just over an hour, the group of … Read more
Finance Minister Muhammad Aurangzeb during an interview Finance Minister Muhammad Aurangzeb said the government intends to launch Panda Bond by June this year to strengthen the country’s presence in China’s capital markets. “Pakistan plans to raise around $200 million from Chinese investors through the issuance of the Panda Bond,” the finance minister said in an … Read more
Finance Minister Muhammad Aurangzeb speaking at a press conference in Islamabad on Tuesday, January 7, 2025. — YouTube/Geo News screenshot 60% of vacant regular positions eliminated, declares the Minister of Finance. Aurangzeb’s wish committee will reduce 80 institutions to 40. He says they are trying to cut public spending by 900 billion rupees. ISLAMABAD: Finance … Read more
A worker bends over as he carries bundles of textile fabrics on his back to deliver them to a nearby store at a market in Karachi June 24, 2022. — Reuters The government’s domestic debt stood at Rs47,536tr in the first quarter of FY25. External debt increases to Rs22,034tr during the July-September period. The total … Read more