The IMF’s stance comes as Pakistan seeks to secure the next $1 billion tranche under the $7 billion Extended Fund Facility (EFF). According to sources, the IMF delegation maintained that tax exemptions for international investments would hinder the country’s revenue generation. According to sources, the government had requested Gulf countries to invest in the Chaghi-Gwadar […]
According to Bloomberg, “The positive outlook mirrors the Government of Pakistan’s positive outlook,” Moody’s stated, noting that Pakistani banks maintain significant exposure to sovereign risk through substantial holdings of government securities. Economic growth projections have brightened considerably, with Moody’s forecasting a 3% expansion in 2025, up from 2.5% in 2024 and a contraction of 0.2% […]
Sources indicate that he will formally announce his decision after a meeting with the PPP leadership. However, his inclusion in the party has raised concerns among some PPP leaders in Azad Jammu and Kashmir, the sources said and added they have urged the leadership not to grant him any key position. There is also speculation […]
In her latest appearance on a private news channel’s comedy show, Fazila Qazi recalled how her actor-director husband, Kaiser Khan Nizamani, would follow her on the sets of her drama shoots. “So I confronted him one day and told him that he shouldn’t be doing all this as it maligned my image and could hinder […]
2000 was a big year for Indian pageantry, as all three finalists of Miss India, Dia Mirza, Priyanka Chopra and Lara Dutta went on to win three international beauty crowns, i.e. Miss Asia Pacific, Miss World and Miss Universe respectively. As all three of them entered Bollywood later, there have always been undeniable comparisons of […]
During her latest outing on a private TV channel’s Ramadan transmission, actor Zara Noor Abbas called out Pakistan’s drama industry over its lack of recognition and awards nominations for additional crew members, adding that it is not even big enough to be called an industry. “Rather than an industry, it is more like a community, […]
Amid the long-standing rumours of their troubled marriage, celebrity couple Justin and Hailey Bieber are reportedly seeking ‘tons of therapy’ and counselling sessions to sort out their issues. Sources close to the celebrity couple revealed to a foreign publication that the supermodel turned beauty mogul is getting increasingly frustrated with the childish behaviour of the […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3.517. Additionally, the price for an ounce of gold is Saudi Riyal 10,938. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update […]
The selling rate of the Saudi Riyal was recorded at Rs74.65. The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial […]
The buying rate for the Omani Riyal in exchange for the Pakistan Rupee (PKR) stood at 724.5 while the selling rate is Rs 733.00 in the open market on Wednesday, March 12, 2025. The exchange rates were updated at noon PST on March 12. The Omani Riyal denoted as OMR, serves as the official currency […]
