The projects include 32 ongoing and 30 new initiatives, with a focus on improving healthcare facilities across the country. Sources claimed that Rs5.56 billion has been allocated for ongoing projects, while Rs3.35 billion has been earmarked for new projects. The ministry has also proposed allocating Rs200 million for the construction of four basic health units […]
According to market experts, the interest rate in Pakistan is likely to decrease by two percent due to the recent decline in inflation. The State Bank of Pakistan’s Monetary Policy Committee will be held today, after which the new policy will be announced. Currently, the interest rate across the country stands at 22 percent. However, […]
If approved by Prime Minister Shehbaz Sharif and subsequently by the National Assembly without succumbing to the pressure from traders, this proposal has the potential to add hundreds of billions of rupees to tax receipts. According to two other proposals, the tax authorities have recommended an increase in withholding tax by at least 1% on […]
Sources said that the matter was taken up during a recent meeting of the Economic Coordination Committee (ECC) of the cabinet, where it was highlighted that PIA had allegedly flouted the terms of a loan agreement reached with the National Bank of Pakistan (NBP). During the discussion, the arrangement made with the bank regarding the […]
The President of Pakistan is pleased to constitute the National Economic Council, according to a notification issued by the Cabinet Division on Friday. The federal government had convened the NEC meeting on June 3rd without realizing that the NEC was not in place. The NEC meeting will now take place on Monday. The Deputy Prime […]
Today, the gold Rate in Pakistan on 8 June 2024 is sold for Rs. 206200 per 10 grams, and the price of Gold is RS 240500 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
Elevate a fintech based in London and Dubai has secured financing of $5 million to expand further into South Asia. They’ve raised a total of $10 million in equity and debt from investors including Y Combinator, Goodwater, Global Founders Capital, and VSQ Since launching earlier this year, over 50,000 Freelancers and remote workers from Pakistan […]
Easypaisa is bringing ease and convenience to its users this Eid-ul-Azha for the sale and purchase of sacrificial animals through its own in-app Raast-based QR code payment mechanism. The initiative is part of the State Bank of Pakistan’s (SBP) QR code payment system under the Raast instant payment service aimed at facilitating the public and […]
According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 309.91 points as compared to 308.52 points during the past week. As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of […]
Sources said that the Food Security Ministry sought a one-off relaxation in the application of Pakistan Animal Quarantine Rules 1980 for the import of wildlife from Africa. However, a recent cabinet meeting dismissed the request. During the discussion, the cabinet expressed concern over the import of wild animals from an African country from which the […]
