Tag: Economy


  • France, Pakistan talk about progress on key improvement initiatives

    Might 29, 2025 (MLN): France and Pakistan reviewed progress on key improvement initiatives and mentioned acceleration of a number of pipeline initiatives, together with the €120 million Babu Sabu Wastewater Remedy Undertaking in Lahore. The discussions happened throughout a gathering between French Ambassador Nicolas Galey and Federal Minister for Financial Affairs Ahad Cheema. The assembly centered…

  • Pakistan, ADB to develop local weather technique, centered on carbon credit

    Could 29, 2025 (MLN): Pakistan and the Asian Improvement Financial institution (ADB) have agreed to formulate a complete and mutually aligned local weather change technique, with a particular give attention to carbon credit score mobilization, local weather innovation, and outcomes-based undertaking implementation. This was mentioned throughout a gathering between the Federal Minister for Local weather Change…

  • SCAP seeks tax reduction for salaried class in finances 2025-26

    Could 29, 2025 (MLN): The Salaried Class Alliance of Pakistan (SCAP) has referred to as on the federal government to offer rapid reduction to the salaried phase within the upcoming Finance Finances 2025-2026, citing disproportionately excessive tax burdens, rising inflation, and worsening financial situations. In response to the Alliance, salaried people—comprising authorities and personal workers, together…

  • Gold value in Pakistan stays unchanged

    Could 29, 2025 (MLN): Gold value in Pakistan remained unchanged on Thursday, with pure gold being bought at Rs349,300 per tola, unchanged from the earlier session. Equally, pure gold per 10-gram was bought at Rs299,468 unchanged from the earlier session, in line with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The…

  • Attock Cement attracts investor curiosity

    Might 29, 2025 (MLN): Attock Cement Pakistan Restricted (PSX: ACPL) has revealed that a number of potential buyers have expressed curiosity and plan to submit binding provides following due diligence. The corporate confirmed that PIGL stays dedicated to divesting its stake, offered it receives a commercially acceptable supply. To help the divestment course of, Commonplace Chartered…

  • Saudi Riyal to PKR alternate fee

    Might 29, 2025 (MLN): The present alternate charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) towards the Pakistani Rupee (PKR) as of [12:30 pm PST] confirmed minor actions in right now’s session, sustaining a largely secure pattern. SAR was qouted at 75.15 for purchasing and 75.90 for promoting. AED adopted…

  • Public sale Consequence: Govt raises Rs772bn by way of T-bills

    Might 27, 2025 (MLN): The State Financial institution of Pakistan (SBP) carried out an public sale on Tuesday during which it bought Market Treasury Payments (MTBs) value Rs772.27 billion. The goal was to lift Rs650 billion whereas the maturity quantity was Rs 818bn. Lower-off yields stood at 11.0998% (-15bps) for one month, 11.1467% (-9bps) for 3 months, 11.1849%…

  • China to roll over .7bn to Pakistan by June finish

    Might 27, 2025 (MLN): With the intention to present a key supply of exterior help forward of upcoming debt maturities, China has dedicated to roll over $3.7 billion in loans to Pakistan earlier than the tip of June 2025, individuals aware of the matter stated. The quantity contains $2.4bn set to mature subsequent month and a…

  • Govt to shift tax burden from salaried class to undocumented sectors

    Might 27, 2025 (MLN): The federal government is dedicated to shifting the tax burden away from the already compliant formal sector and salaried class in direction of segments of the economic system which have up to now remained undocumented or under-taxed. This dedication was mentioned throughout a gathering between the Federal Minister for Finance and Income,…

  • FinMin urges workforce retooling to fulfill rising trade wants

    Could 27, 2025 (MLN): The necessity for upskilling and retooling the workforce to fulfill rising trade calls for was emphasised by Federal Minister for Finance and Income, Senator Muhammad Aurangzeb, throughout a gathering held to assessment the progress of outcome-based funding initiatives. These initiatives had been advisable by the Committee on Social Impression Finance, a physique…