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Oil Prices Dip Amid Oversupply Concerns and Stronger Dollar
ISLAMABAD, November 15, 2024 – Oil prices fell slightly on Friday as concerns about oversupply and weakening demand, fueled by a stronger U.S. dollar, outweighed a sharp decline in U.S. fuel stocks.
By 0105 GMT, Brent crude futures had…
IMF shows concerns over provinces’ fiscal performance, sources
ISLAMABAD: The International Monetary Fund (IMF) has expressed serious concerns over the provincial governments for not giving desired surplus budget to the federal government during the first quarter of the current fiscal year, well…
Intraday Market Surge: Bulls Boost PSX by 800 Points
Karachi: On Thursday, bulls took back control of the Pakistan Stock Exchange (PSX), as intraday shares increased by over 800 points, a move analysts credited to improving macroeconomic stability.
A day ago, the PSX recovered just 131…
No need to introduce minibudget, Pak, IMF agree
ISLAMABAD: The International Monetary Fund (IMF) and Pakistan has agreed on not to introduce minibudget to bridge the tax collection gap, well informed sources told the scribe on Wednesday.
The sources said that the FBR officials held…
Provinces likely to meet IMF tomorrow
ISLAMABAD: The International Monetary Fund (IMF) will likely to meet with provincial government tomorrow here in Islamabad, sources told the scribe.
Talks between Pakistan and IMF visiting mission are continue in Islamabad and will…
Bitcoin Price Climb: Heading Towards the $90,000
London: On Tuesday, Bitcoin surged to nearly $90,000, riding a wave of excitement following Donald Trump's election as US president and expectations that his administration would be pro-crypto.
The biggest cryptocurrency in the world,…
CDWP okays 7 projects including PM programmes on Hepatitis, Diabet
The Central Development Working Party (CDWP) has approved 7 development projects worth of Rs. 559.766 billion including Hepatitis C and Diabetes related PM programs.
Japan Approves USD 18.5 Million Grant to Enhance Flood Management in Pakistan
Japan Approves USD 18.5 Million Grant to Enhance Flood Management in Pakistan
ISLAMABAD, November 13, 2024: The Japanese government has approved a grant of JPY 2.831 billion (approximately USD 18.5 million) for a flood management project…
New Tax on Petroleum on the Cards; 3rd Day of IMF Talks
ISLAMABAD (Newsman): IMF has asked Pakistan to give equal treatment of foreign investors. This point has specially risen when Pakistan is giving Chinese investors and CPEC some preferential treatment.
IMF has urged Pakistan to enforce a…
Pakistan and Finland Collaborate to Enhance Trade Partnerships
Islamabad: A successful meeting between Finland's ambassador to Pakistan, Hannu Ripatti, and Pakistan's Federal Minister for Commerce, Jam Kamal Khan, has paved the way for a new chapter in the two countries' commercial ties.
At the…
