Search For "pkr"
Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 8 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
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Pakistan plays 'flag war' despite country’s critical financial situation
Updated : 2 years, 8 months ago IST
Pakistan has been busy playing 'flag war' despite the critical financial status of the country and has decided to keep PKR 40 crore aside for a flag-raising ceremony in Lahore.
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Pakistan: Sugar exports push retail price to PKR 150 per kg
Updated : 2 years, 8 months ago IST
According to the Sensitive Price Index (SPI) for the week ending July 13, sugar retail prices in Karachi were hovering at Rs 138-150 per kg, up from Rs 128-135 the previous week ending June 22, according to Dawn.
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Pakistan: Court grants bail to Chaudhry Parvez Elahi in money laundering c
Updated : 2 years, 8 months ago IST
The court directed Elahi to submit a surety bond of Pakistani Rupees (PKR) 500,000 against the bail.
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Pakistan: Govt hikes petrol levy by 5 PKR per litre
Updated : 2 years, 8 months ago IST
The Pakistan government on Saturday hiked the petroleum development levy (PDL) on petrol by 5 Pakistani Rupees (PKR)
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Pakistan govt considering to increase levy on petrol, diesel: Report
Updated : 2 years, 9 months ago IST
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
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Pakistan aims to generate PKR 215 billion in new taxes to help seal IMF de
Updated : 2 years, 9 months ago IST
"Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review," Finance Minister Ishaq Dar said on Saturday.
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Pakistan set to face burden of PKR 7.3 trillion in next fiscal year: Repor
Updated : 2 years, 9 months ago IST
Initially, the Pakistani government had budgeted PKR 3.9 trillion to cover markup on loans for the ongoing fiscal year 2022-23. However, revised estimates have revealed that the spending on interest payments rose to PKR 5.52 trillion.
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Pakistan: Riots caused damage worth PKR 250mn in Islamabad, says report
Updated : 2 years, 10 months ago IST
According to a report issued by Islamabad police, armed miscreants set the office of the DPO Industrial Area, and opened fire at Ramna Tarnol and Sangjani police stations during the three days of violence.
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Islamabad police detains over 500 people for violence after Imran Khan's a
Updated : 2 years, 10 months ago IST
The Islamabad police on Sunday said that 564 people have been detained for violence after Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan's arrest and more arrests are being made, Dawn reported. It said that government property worth Pakistani rupees (PKR) 25 crores was damaged during the
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Trade bodies hold rallies and seminars, raise demand for fixing minimum wa
Updated : 2 years, 10 months ago IST
The participants at the events raised the demand for fixing the minimum wage at Pakistani Rupees (PKR) 50,000 per month, an increase in workers' salaries keeping in view the inflation, doubling the pension and withdrawing all recent increases in the tariffs of water, electricity and petroleu
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Pakistan: Economic uncertainty shrinks Eid-related spending by 40 pc
Updated : 2 years, 11 months ago IST
According to a report in The Express Tribune, the amount spent on Eid in 2023 was around PKR 432 billion, which was the lowest amount in ten years. This is significantly less than the previous high of PKR 1.1 trillion in 2018 and even less than the PKR 480 billion spent in 2021 amid the Covi
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