Photo: File LPG Association President Irfan Khokhar has said that gas marketing companies and liquefied petroleum gas (LPG) plant owners have refused to accept the government rates. Irfan Khokhar said in his statement that there has been an artificial shortage of LPG across the country. He said that the oil and gas regulatory authority (Ogra)…
The World Bank says Pakistan should freeze senior and middle-level government recruitment and salaries, reduce government staff meetings, travel spending and petrol consumption. The World Bank released a report on Pakistan’s recent economic development and concerns, recommending that the government stop buying vehicles, end subsidies and loans to public sector enterprises. According to the report,…
The Pakistan Stock Exchange (PSX) had a mixed day of business today. 100 index closed at 39 thousand 717 with an increase of 29 points. The index remained in a band of 239 points during the business day. 86.7 million shares worth 2.43 billion rupees were traded in the stock market today. The market capitalization…
The price of gold has increased by Rs 2500 per tola in the country today. According to All Pakistan Gems and Jewelers Association, after an increase of Rs 2500, the price of one tola of gold in the country has reached Rs 2 lakh 17 thousand. According to the association, the price of 10 grams…
Islamabad: A detailed decision was issued to dismiss Imran Khan’s bail application. According to the report, in the detailed judgment, the High Court raised questions on the evidence of the case. The judgment said that there was not a single proof that the money sent by Arif Naqvi was the proceeds of crime The court…
—File photo Even after funding from Saudi Arabia and the United Arab Emirates (UAE), the IMF’s staff-level agreement is in trouble. Sources in the Ministry of Finance have said that Pakistan needs 3 billion dollars in funding, while Saudi Arabia has verbally informed about funding 2 billion dollars. Sources have said that Finance Minister Ishaq…
Asian Development Bank released its annual outlook report The Asian Development Bank (ADB) says that the GDP growth rate in Pakistan this fiscal year has more than doubled to 27.5 percent and the economic growth rate will be 2 percent after a 0.6 percent decline in growth. setTimeout(function(){ !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’,…
International economist Atif Mian says that Pakistan’s economy is going from crisis to disaster, the system is becoming uncontrollable. In the statement issued, the international economist Atif Mian has said that the pace of development in Pakistan is rapidly decreasing and the prices are increasing rapidly. He says that inflation and large deficits are due…
One should learn the proper use of new inventions while accepting the situation. (Photo: File) Since the arrival of man in this world till today, man has passed through many periods. And every era has been trying to live a better life than before. Allah Ta’ala has blessed man with innumerable abilities, by using which…
Everyone knows the reasons why the seriousness of economic and economic crisis has increased in Pakistan. Photo file Recently, Federal Finance Minister Ishaq Dar said in a statement that we have to learn to live without the IMF, Pakistan was not made to default, it was also revealed that the foreign debt was reduced by…
