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
In this image, the Pakistan State Bank building in Karachi can be seen. – SBP / Website The Pakistan State Bank (SBP) lowered the key interest rate of 100 basic points (BPS), which reduces it to 11%, the change taking effect from May 6, 2025. Explaining this decision, the Monetary Policy Committee said: “Inflation has … Read more
US President Donald Trump has a decree signed on AI, in the White House Oval Office in Washington, United States, January 23, 2025. – Reuters The International Monetary Fund has greatly reduced its forecast for global economic growth, citing the disruptive impact of the new prices of President Donald Trump, AFP reported. In its latest … Read more
Listen to the article Only 23,620 Pakistani pilgrims will be able to carry out the HAJJ as part of the private program in 2025, the Ministry of Religious Affairs announced Thursday, marking a significant reduction of more than 66,000 compared to the initially allocated private quota. The development comes after Pakistan received a total quota … Read more
Workers wash the 300 kWp photovoltaic solar system after installation at the Nishtar Medical University and Multan Hospital on December 4, 2022. – App In a major policy change, the Economic Coordination Committee of the Cabinet (ECC) revised the redemption rate of solar consumers on the roof at 10 rupees per unit of RS27 per … Read more
The registered office of the National Electric Power Regulatory Authority (NEPRA) can be seen. – Facebook @ nepra / file The Nepra orders the disco to follow the court decision on the implementation of the FCA. The adjustment applies to most categories, with the exception of Lifeline, others. The FCA revises electric prices according to … Read more
The Governor of SBP, Jameel Ahmed, is addressed to the media on January 27, 2025. – Screengrab via Geo News The central bank has reduced interest rates since June 2024. Inflation should go further in January before going up. Pakistan economy increased by 0.92% in the first quarter of the fiscal year. The Pakistan State … Read more
Federal Minister for Energy Sardar Awais Ahmad Leghari addresses a press conference in Islamabad on January 15, 2024. — APP Regulations on electric vehicle charging stations must be implemented. The charging stations will be powered at Rs39.70 per unit. Revised agreements with 18 additional IPPs proposed. Federal Minister for Power Sardar Awais Ahmad Leghari on … Read more