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Wednesday, November 13, 2024

PM announces imposition of ‘super tax’

Prime Minister Shahbaz Sharif imposes 10 percent super tax in an attempt to save the poor and avoid further loans

Bloodbath at PSX after PM Shehbaz’s ‘tough’ decisions

The benchmark KSE-100 Index plunged after PM said the government will impose a 10% "super tax" on large industries.

Qatari LNG bid: Opportunity or another challenge?

Pakistan received the most expensive bid for a single cargo shipment from Qatar which has added to the list of growing challenges

Miftah: We will provide relief to the inflation-affected masses

Miftah said that there is downward trend in brent crude prices and relief will be provided to the inflation-affected masses

Sherry Rehman jumped on the bandwagon

Sherry Rehman blamed PTI government for bringing Pakistan economy on the verge of bankruptcy and named strict measures as "crisis management"

SBP introduces energy conservation drive

In compliance with federal and provincial government, SBP has introduced measures for energy and fuel conservation in the banking sector

Pak-China loan facility agreement signed

Chinese consortium of banks has also signed $2.3 billion loan agreement with Pakistan and inflow is expected within some days

Shaukat Tarin reveals IMF and government deal

Shaukat Tarin highlighted that the IMF demanded to match policy rate with headline inflation rather than the core inflation previously

Miftah Ismail denies link between fuel price hike, IMF accord

The minister says the Fund had not demanded to increase the fuel prices, but it was a result of global inflation.

SBP’s restriction caused panic for auto assemblers in Pakistan

Auto assemblers in the country will likely experience a delay in the import of CKD (Completely Knocked-Down) kits.

Pakistani Rupee dives into the sea

Amid prevailing uncertainty, PKR declined around 16.5 percent against the USD and its performance has been marked as worst in whole Asia

Pakistan finally secures deal with IMF

Pakistan and IMF on Tuesday night reached an understanding on the federal budget for 2022-23, which lead to revival of the extended fund facility.