Tag: Pakistan Economy
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Pakistan confirms request for $10 billion US exchange stabilisation facility
Finance Minister Muhammad Aurangzeb says Pakistan has formally sought a $10 billion facility from the US Treasury, with progress expected by September.
WEB DESK: Finance...
Cnergyico expands US crude imports as Hormuz disruptions reshape oil trade
Pakistan’s Cnergyico is increasing crude imports from the United States as disruptions around the Strait of Hormuz push refiners to diversify supplies.
WEB DESK: Pakistan's...
KP Government Rejects Rs64bn Cut in Federal Financial Transfers
Khyber Pakhtunkhwa says the proposed reduction would undermine its financial position and has urged the federal government to release the province's due share.
PESHAWAR, PAKISTAN...
Gold Prices Fall After Several Days of Consecutive Gains
Gold prices declined by Rs3,500 per tola in Pakistan, while international gold prices also dropped by $35 per ounce.
WEB DESK: Gold prices in Pakistan...
Electricity Tariff Set to Rise for Three Months Across Pakistan
The National Electric Power Regulatory Authority (Nepra) has announced a potential quarterly adjustment that could increase electricity prices by Rs1.34 per unit for three...