Chairman Businessman Group Zubair Motiwala has expressed his opinion on the agreement with the International Monetary Fund (IMF) and said that there is positive news at the beginning of the morning, it was not expected but the agreement was reached. The rupee will strengthen, which will reduce inflation. In a statement, Zubair Motiwala said that…
According to the notification, the domestic LPG cylinder price for June was fixed at Rs 2321 67 paise. From July 1, Liquefied Petroleum Gas (LPG) has been reduced by Rs 19 to 46 paise per kg. According to the notification issued by the Oil and Gas Regulatory Authority (Ogra), an 11.8 kg domestic cylinder of…
Islamabad: On the occasion of Eid, the federal government has reduced the LPG price to Rs 19.45 per kg. The new prices will be applicable from today (July 1). In this regard, the Oil and Gas Regulatory Authority (Ogra) has issued a notification to reduce the price of LPG. The notification states that the price…
Islamabad: The Federation of Pakistan Chambers of Commerce and Industry has welcomed the agreement with the IMF. FPCCI President Irfan Iqbal Shaikh says that the agreement with the IMF is a big gift for the stability of the country’s economy, this agreement will determine the right direction of the country’s economy. He said that he…
—File photo Like Sri Lanka, there is a strong possibility that the rupee will stabilize in Pakistan. According to the data, the Sri Lankan rupee has gradually improved by 60 rupees against the dollar since the agreement with the IMF. Before the agreement, 1 dollar was equal to 368 Sri Lankan rupees, after the agreement,…
Pakistan’s Eurobond became expensive after the agreement with the International Monetary Fund (IMF). The $1 billion Eurobond maturing in April 2024 rose 16 cents to 71 cents. The $500 million Eurobond maturing in September 2025 rose 13 cents to 55 cents. From October 2022, the value of Pakistani bonds has increased by 70 to 80…
—File photo In view of the terms of Pakistan’s agreement with the International Monetary Fund (IMF), preparations are being made for further increase in electricity rates. According to the sources of the Ministry of Finance, as a result of this agreement, electricity and gas will become more expensive, while there is a possibility of an…
—File photo Economist Khaqan Najib has said that we will have to do another program with the International Monetary Fund (IMF). Commenting on the agreement between the International Monetary Fund (IMF) and Pakistan, Khaqan Najeeb said that 1 billion dollars will come from the IMF in July, the short-term pressure on reserves will end. He…
Prime Minister Shahbaz Sharif – file photo The staff level agreement between Pakistan and the International Monetary Fund (IMF) was made possible through the efforts of Prime Minister Shahbaz Sharif. Prime Minister Shehbaz Sharif had 3 meetings and contacts with IMF leadership in Paris in 2 days, Prime Minister also had meetings with MDIMF in…
—File photo Economist Muhammad Sohail says that after the agreement, the value of the rupee is likely to improve temporarily and the stock market will also have a positive impact. Mohammad Sohail has said that this program is important because till now there was uncertainty about what will happen after June. He said that there…
