July 2, 2023: The National Disaster Management Authority (NDMA) has issued an advisory to all federal and provincial departments, urging them to take necessary precautions and ensure preparedness for the first monsoon spell forecasted to begin from July 3, 2023, and continue until July 8, 2023.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Signs Letter of Intent for $3 Billion IMF Loan
Islamabad: In a significant development, Pakistan signed a Letter of Intent (LOI) on Saturday, signaling its intention to obtain a nine-month, $3 billion loan program from the International Monetary Fund (IMF).
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Pakistan Increases High-Speed Diesel Price by Rs7.5 per Liter, Keeps Petrol Unchanged
Islamabad, June 30, 2023: Pakistan has announced an increase in the price of High-Speed Diesel (HSD) by Rs7.5 per liter for the next 15 days, while keeping the price of petrol unchanged.
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IMF Assistance to Address Pakistan’s Immediate Financial Challenges, APTMA Says
Islamabad, June 30, 2023: In a recent announcement, the All Pakistan Textile Mills Association (APTMA) highlighted the crucial support provided by the International Monetary Fund (IMF) to address Pakistan’s immediate financial challenges.
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Pakistan Clinches $3 Billion IMF Bailout Package
Islamabad, June 30, 2023: Pakistan has secured a crucial $3 billion bailout package from the International Monetary Fund (IMF) as the country grapples with economic challenges and external shocks.
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Pakistan Set to Surprise with Announcement of Petroleum Prices for Next 15 Days
Islamabad, June 29, 2023: Pakistan is preparing to make a surprise announcement regarding petroleum prices for the next 15 days, effective from July 1, 2023. The country follows a bi-weekly schedule for announcing price adjustments.
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PkRevenue.com Extends Warm Wishes for Eid ul Azha Celebrations
Islamabad: PkRevenue.com, a leading online platform dedicated to providing insights on revenue matters in Pakistan, extends heartfelt greetings to its readers worldwide on the auspicious occasion of Eid ul Azha. The team at Pakistan Revenue wishes everyone a joyous and blessed Eid ul Azha Mubarak.
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Bonded Warehouse Policy Introduced to Address Petroleum Sector Issues: Musadik Malik
Islamabad: In a bid to tackle the persistent dry outs in the petroleum sector, the government of Pakistan has unveiled a new policy known as the “bonded warehouse.”
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Finance Minister Ishaq Dar Optimistic about Positive IMF Outcome for Pakistan
Islamabad, June 28, 2023: Minister for Finance, Senator Mohammad Ishaq Dar, expressed optimism regarding the ongoing negotiations between Pakistan and the International Monetary Fund (IMF), stating that positive news would be announced soon.
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ECC Approves Policy for Petroleum Import through Customs Bonded Storage Facilities
Islamabad: In a meeting chaired by Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, the Economic Coordination Committee (ECC) of the Cabinet approved policy guidelines for the import of foreign supplier’s account through customs bonded storage facilities.
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