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Tuesday, November 12, 2024

Breakthrough Oil Discovery by Mari Petroleum in Sindh Province

Mari Petroleum Company Limited achieves a historic oil discovery at Shawal-l well in Sindh Province.

SBP Set to Deliberate Key Policy Rate Amidst Mixed Expectations

SBP to convene MPC meeting on April 29, 2024, amidst expectations and risks.

Pakistan Seeks Long-Term Economic Partnership with World Bank and ADB

Pakistan engages with international financial institutions like the World Bank and ADB.

Federal Government Raises Petrol and Diesel Prices

Petrol will now cost Rs293.94 per liter while HSD will be priced at Rs290.38 per liter, reflecting a hike of Rs8.14.

Pakistan Successfully Repays $1 Billion International Bond

Pakistan repays $1 billion international bond, demonstrating financial resilience and stabilization of foreign exchange reserves.

PM Approves Hefty Bonuses for Bureaucrats while Working Class Struggles

Amid Pakistan's economic crisis and bailout negotiations with the IMF, controversy brews as the PM's Office approves hefty bonuses for officials.

Textile Exports Show Marginal Growth

Pakistan's textile exports experienced marginal year-on-year growth in March.

World Bank’s Bleak Outlook for Pakistan’s Economy

The World Bank paints a bleak outlook for Pakistan's economy, projecting modest growth.

Pakistan Forecasts Inflation Easing Amidst Economic Reforms

Pakistan grapples with inflation as the Finance Ministry projects moderation in March and April.

Fuel Price Surge Looms Over Pakistan

Amidst IMF proposals for a carbon tax and fiscal policy adjustments, Pakistan grapples with impending petrol price hikes,.

IMF Demands 18% GST on Petroleum Products

The IMF pressures Pakistan for tax reforms, advocating for an 18% GST on petroleum and various fiscal policy changes.

PPP Stands Firm on NFC Award

PPP stands firm on the National Finance Commission Award formula, emphasizing provincial rights amidst IMF discussions.