Search For "pkr"
Imran Khan's party protests cost Pak govt PKR 2 billion in 18 months
Updated : 1 year, 4 months ago IST
As per official data, PKR 2.7 billion was spent managing PTI's protests and sit-ins during the last 18 months
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IMF raises concerns on Pakistan again, flags solarisation, power demand ch
Updated : 1 year, 4 months ago IST
The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and surplus imported gas caused by weak economic demand. During talks on Pakistan's USD 7 billion bailout, the IMF highlighted the need for better strategies to manage these chall
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Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's
Updated : 1 year, 4 months ago IST
Al-Nihang, an overseas Pakistani group has offered to acquire Pakistan International Airlines for the cost of PKR 100 billion amid a set of terms and conditions, Ary News reported.
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Pakistan Oil faces financial crisis as receivables soar to PKR 800 billion
Updated : 1 year, 4 months ago IST
Pakistan State Oil (PSO) is confronting a severe financial crisis, with total receivables reaching PKR 800 billion. The crisis is primarily driven by significant debts owed by Sui Northern Gas Pipelines Limited (SNGPL) and other key players in the energy sector.
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Pakistan Airlines gets just one bidder, quotes PKR 10 billion for 60% shar
Updated : 1 year, 4 months ago IST
Pakistan government's attempt to privatise Pakistan International Airlines (PIA) hit a snag as the only bidder, Blue World City, offered PKR 10 billion for a 60 per cent stake--far below the minimum sale price of PKR 85 billion. The bidding process saw no competition after five other parties
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Pakistan govt's debt hits record high of PKR 70 trillion mark
Updated : 1 year, 5 months ago IST
Pakistan government's debt reached a record high of Pakistani currency (PKR) 70.36 trillion, a staggering figure that's sparking concerns about the country's economic stability.
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Former Pak National Assembly speaker Asad Qaiser says government likely to
Updated : 1 year, 5 months ago IST
Asad Qaiser, the former speaker of the National Assembly, asserted that the Pakistan Tehreek-e-Insaf (PTI) members had been promised PKR 112 million in exchange for constitutional modifications, speculating that the government is likely to collapse by December this year, according to ARY New
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Pak: PIA air hostess, 2 passengers arrested for smuggling iPhones
Updated : 1 year, 5 months ago IST
Customs officials revealed that PIA Air Hostess Nadia Batool attempted to smuggle 30 iPhones, worth over PKR 11.2 million, concealed in various parts of her body and belongings
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Pakistan's financial mismanagement continues, debt per person alarmingly h
Updated : 1 year, 6 months ago IST
The average debt per citizen in Pakistan has now touched PKR 295,000. The total debt owed by the country currently has risen by PKR 8.36 trillion, bringing the total to PKR 71.24 trillion in 2024, ARY News said, citing a report by Pakistan's Ministry of Finance.
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Financial crunch adds to Pak passport printing woes
Updated : 1 year, 6 months ago IST
Despite placing an order and finalising a tender, the Finance Division has not yet released the PKR 2.9 billion needed, resulting in a substantial backlog
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Pakistan customs seize PKR 446 million worth of smuggled phones and goods
Updated : 1 year, 6 months ago IST
Pakistan Customs intercepted and seized mobile phones and other goods valued at PKR 446 million at Sost Port. The smuggled items were discovered in a truck that had crossed from China through Khunjerab Pass and was abandoned on the Karakoram Highway.
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Pakistan's power regulatory authority imposes fine on K-Electric over elec
Updated : 1 year, 6 months ago IST
Amid a drastic surge in electrocution cases, the power regulatory authority of Pakistan imposed a PKR10 million fine on K-Electric (KE), according to ARY News.
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