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تم نے شاید سنا ہوگا کہ حکومت IMF سے قرض لے رہی ہے، لیکن جانتے ہو یہ IMF ہے کیا؟ اور پاکستان کو اتنے قرضے کی ضرورت کیوں پڑتی ہے؟ آج ہم سادہ زبان میں سمجھیں گے! IMF کیا ہے؟...
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The interim government has implemented further increases in petrol and diesel prices in Pakistan. The new tariffs, which will come into effect from September 16, 2023, will set petrol prices at Rs 331.38 per liter and diesel prices at Rs...
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Sources told Geo News that the International Monetary Fund (IMF) has given the green light to a relief proposal for consumers using up to 200 units, allowing authorities to bill money electricity in batches. However, the care government's plan to...
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Acting Federal Minister for IT, Telecommunications and Science and Technology, Dr. Umar Saif, announced that the launch of PayPal and Stripe payment gateways in Pakistan is a top priority for the current government. Speaking at the ITCN Asia 2023 ceremony...
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The currency war between UAE and Asia: Due to the strengthening of the dollar index and a loss in Asian rivals, the Indian rupee fell during the opening hours of trading on Tuesday. Around 8am, the South Asian currency was...
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Pakistan's economy has breathed a sigh of relief following the recent agreement on the International Monetary Fund's monetary policy. However, it is important to view this as an opportunity for self-reliance and long-term stability. To achieve economic transformation, digital inclusion...
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The world's richest man, Elon Musk, lost a whopping $20 billion overnight after he said Tesla could cut prices further in "turbulent times."On Forbes and Bloomberg's real-time billionaire lists, the Tesla CEO tops the list of biggest losers as of...
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Every nation in the world uses the US dollar, not only Americans. For more than a century, the dollar has made it easier for money and things to travel the globe. Purchase or sale of oil? Usually done using money....
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The announcement of the program comes just days after the government raised prices for all petroleum products.In a report detailing the pricing strategy behind the prime minister's oil bailout program,the government announced his two-tiered pricing that splits bailouts into two-wheelers...
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Dr. Kazim Niaz (Minister of economy) and Yong Ye,(Country Director of the Asian Development Bank ADB) signed the grant agreement at the Ministry of Economy on Tuesday.The ceremony was witnessed by Mr. Takahiro Yasui, ADB's Executive Director for Japan.Japan offers...
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The world's largest food group says the price of staple items will rise further this year, adding to a string of warnings from consumer giants of more pain to come for stretched households.The maker of Nescafé coffee and KitKat chocolate...
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Prime Minister Shebaz Sharif called for an All Party Conference (APC) in Islamabad on Thursday and invited the country's political leaders,including PTI Chairman Imran Khan,to discuss ways to address the challenges facing the country. The country is also in trouble...
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The International Monetary Fund (IMF) mission will be in Pakistan from January 31 until February 9, where he will hold consultations related to the 9th Review. The Pakistani representative of the fund, Esther Perez Ruiz issued a statement that "the...
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The local currency suffered a heavy blow in the interbank market during intraday trading on Thursday,dropping more than 24 rupees per day after unofficial caps were lifted in the open market.The local currency was trading at Rs. 255 against the...
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It is likely that Bangladesh will overtake China as the EU's biggest apparel source in the near future, due to China's decreasing share of trade due to the economic slowdown caused by the Covid-19 pandemic. This is due to the...
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With bilateral talks underway between Pakistan and Russia, a Kremlin delegation will visit South Asian country on January 17 to discuss oil, LNG trade and billion-dollar gas deals and pipeline projects.Islamabad is set to host a Russian delegation tomorrow and...
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Apple CEO Tim Cook has taken a voluntary 40% pay cut for 2023. It's an unusual move "in response to shareholder ," according to the company's annual proxy statement.The decision set Cook's compensation target from his $84 million in 2022...
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The cost of chicken is likely to continue to increase in the coming days.The warning from the Pakistan Poultry Association follows a statement by Federal Food Security Minister Tariq Bashir Cheema said "he would not eat chicken raised on "muzr-e-sehat"...
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