News & Updates

News Update

23

Mar 2025

Mar 23, 2025 • 5 min read

Car Prices in Pakistan Expected to Decrease After Latest IMF Relief

Pakistan and the IMF have agreed to reduce the country’s weighted average tariffs to 6 percent over five years, cutting...

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News Update

22

Mar 2025

Mar 22, 2025 • 5 min read

FPSC to Re-evaluate Bureaucrat Appointments After Govt Orders Fresh Probe

In a significant development, the federal government has decided to send the cases of all civil officers regularized by...

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News Update

22

Mar 2025

Mar 22, 2025 • 5 min read

IMF Allows Pakistan to Lower Property Tax

After discussions, the International Monetary Fund (IMF) has signaled a tentative agreement to adjust certain tax measur...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Govt’s Mobile Phone Installment Program Faces Deadlock

The government’s plan to provide mobile phones on installments has hit a roadblock once again due to disagreements among...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

SECP Amends Insurance Accounting Regulations

The Securities and Exchange Commission of Pakistan (SECP) has allowed the shareholders’ funds of life insurers to purcha...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Starlink Gets NOC to Launch in Pakistan

In a significant development, the Pakistan Space Activities Regulatory Authority (PSARA) has issued a No Objection Certi...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

PSX Settles Below All-Time High After Closing in Red

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Friday, losing 327.60 points, a neg...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Finance Minister Calls Climate Change an “Existential Threat” to Economic Sustainability

Finance Minister Muhammad Aurangzeb emphasized on Friday that climate change poses an “existential threat” that could je...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Pakistan Crypto Council CEO Pitches Idea to Use Surplus Electricity for Bitcoin Mining

The inaugural meeting of the Pakistan Crypto Council (PCC) was held today under the chairmanship of Federal Minister for...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Pakistan Set to Get Over $2 Billion from IMF After Staff-Level Agreement Next Month

A staff-level agreement with the International Monetary Fund (IMF) will likely be reached by the end of April as the len...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Gold Takes a Breather After Record-Breaking Rally

The price of 24 karat per tola gold decreased by Rs. 2,000 and was traded at Rs. 318,800 on Friday as compared to its sa...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Govt Aims to Ease Tax Burden on Salaried Class

The government has acknowledged the financial strain on the salaried class due to taxation and reaffirmed its commitment...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

SBP Governor Optimistic About Reaching IMF Agreement Soon

State Bank of Pakistan (SBP) Governor Jameel Ahmed expressed optimism on Thursday that Pakistan and the International Mo...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Bank Holidays Schedule Announced for Eid-ul-Fitr

The State Bank of Pakistan (SBP) Friday announced a three-day holiday for Eid-ul-Fitr. According to an official statemen...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Finance Minister Confident of Reaching IMF Deal Soon

Federal Minister for Finance Muhammad Aurangzeb has expressed optimism about the ongoing negotiations with the Internati...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Pakistan’s First PKR-denominated Green Bond Launched to Accelerate Climate Finance

In a groundbreaking move for Pakistan’s sustainability-focused financial sector, Parwaaz Financial Services Limited (PFS...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Trinasolar Strengthens Pakistan Presence with New Partnerships Amid Soaring Demand

Trinasolar, a global leader in smart PV and energy storage solutions, has reinforced its commitment to Pakistan’s renewa...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

SBP Grants Paysa Technologies In-Principle Approval to Operate as EMI

The State Bank of Pakistan (SBP) has granted in-principle approval to another fintech operator, Paysa Technologies. The...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

ECC Approves Rs. 2 Billion Grant to Settle Media Advertisement Dues

The Economic Coordination Committee (ECC) of the Cabinet met today under the chairmanship of Federal Minister for Financ...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Competition Appellate Tribunal Dismisses Appeal of Karachi Dairy Farmers

The Competition Appellate Tribunal (CAT) has resumed hearings after an eight-month hiatus and, in its first session, dis...

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News Update

21

Mar 2025

Mar 21, 2025 • 5 min read

Pakistan’s Foreign Reserves Post Slight Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $49 million on a weekly basis according t...

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