The benchmark KSE-100 Index opened with a bullish trend. At 09:27 am, the index gained 200 points before plunging to the lowest level of 72,993.48 points during the intraday trade. During the intraday session, the 100-index experienced a negative trend with a high recorded at 73,909.14 points while the lowest was recorded at 72,982.59 points […]
Sources said the government is working on different proposals for salary increases in the range of 10 to 15% for public sector employees in the upcoming budget FY 2024-25. On the salaries front, the Ministry of Finance wants to raise the salary by just 10%, say sources. There is another proposal under consideration to jack […]
The government will present the budget 2024 with one eye on precarious economic conditions and the other on the 24th ‘longer and larger’ bailout program of the International Monetary Fund (IMF). According to sources, the initial estimate for expenditures on interest and loans is Rs 9,700 billion, while the initial estimate for subsidies is Rs […]
