Category: Finance

FBR freezes PIA’s accounts

The Federal Board of Revenue (FBR) has all over again frozen the accounts of the Pakistan International Airlines (PIA) over non-price of dues, which has disturbed the schedule of the….

Govt targets borrowing record Rs11tr

The government has set a target to elevate a report high debt-financing of Rs11.10 trillion from home industrial and Shariah-compliant banks inside the first three months of the modern-day financial….

NEPRA indicates another tariff hike of Rs1.9

The National Electric Power Regulatory Authority (Nepra) indicated on Wednesday that energy tariff would be multiplied through any other Rs1.Ninety in keeping with unit under fuel value adjustment (FCA) for….

Pakistan set to become 4th biggest IMF debtor

Pakistan will become the fourth biggest International Monetary Fund (IMF) borrower within the global after receiving additional loans of $3 billion inside the next nine months below the standby association….

PSX shows signs of recovery amidst economic struggles

Despite dealing with significant hurdles during the monetary 12 months 2023, the Pakistan Stock Exchange (PSX) controlled to bounce back from a three-12 months low and near nearly flat, instilling….

S African company invests $1m into Pakistani startup

In a groundbreaking flow that promises to revolutionise Pakistan’s financial panorama, South Africa’s famend company, DNI Group, has made a vast investment of $1 million into Neem, an rising startup….

Overcoming obstacles for Pakistani SMEs in trade

Small and medium establishments (SMEs) are often known as the engine of increase due to the fact they no longer handiest produce a huge percentage of products and services but….

Budget FY24: missing the bus again

The macroeconomic instability that plagues Pakistan today dates lower back to 1989 –the yr which marked the give up of Afghanistan’s invasion and consequently, the stoppage/ slowdown of US resource….

NEPRA notifies tariff hike of Rs1.61 per unit

The National Electric Power Regulatory Authority (Nepra) has notified a power tariff hike of Rs1.61 in keeping with unit due to fuel costs adjustment (FCA) for April 2023. According to….

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