Latest Petroleum Prices in Pakistan Updated up to July 13
ISLAMABAD – The government of Pakistan has announced the latest petroleum prices, effective from July 13 until July 15, 2023.
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Author: Mrs. Anjum Shahnawaz
Pakistan Braces for More Monsoon Rains from July 13
Islamabad: The Pakistan Meteorological Department has issued a warning of further monsoon rains across the country from July 13 to July 17, with intermittent breaks in between.
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PM Sharif Hails Approval of IMF Bailout Package as a Milestone for Pakistan
Islamabad, July 13, 2023 – Prime Minister Shehbaz Sharif has lauded the approval of a Stand-by Agreement totaling three billion dollars by the Executive Board of the International Monetary Fund (IMF) as a significant achievement.
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IMF Board Greenlights $3 Billion Stand-By Arrangement for Pakistan
Washington, DC, July 12, 2023 – In a move to bolster Pakistan economic stabilization efforts, the Executive Board of the International Monetary Fund (IMF) has granted its approval for a nine-month Stand-By Arrangement (SBA) worth SDR2,250 million (equivalent to approximately $3 billion or 111 percent of quota).
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President Alvi Rejects Bank Alfalah’s Appeal, Orders Refund to Customer
Islamabad, July 12, 2023 – President Dr. Arif Alvi has dismissed an appeal by Bank Alfalah against the decision of the Banking Ombudsman, directing the bank to issue a refund to a customer and send him an apology.
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Google Briefs Pakistani Authorities on Data Protection
Islamabad, July 12, 2023 – A delegation from Google held a meeting with Pakistani authorities on Wednesday to discuss data protection matters.
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Pakistan Set to Announce Petroleum Prices for Second Half of July
Islamabad, July 12, 2023 – Pakistan is gearing up to announce the petroleum prices for the second half of July 2023, as the country faces the challenges of surging international oil prices and stringent conditions under the International Monetary Fund (IMF) loan program.
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PM Sharif Expresses Gratitude to Saudi Arabia for $2 Billion Deposit
Islamabad, July 12, 2023 – In a significant development for Pakistan’s economy, Prime Minister Shehbaz Sharif expressed his heartfelt thanks to Saudi Arabia for depositing a substantial amount of $2 billion with the State Bank of Pakistan (SBP).
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Fitch Upgrades Pakistan’s Rating on Enhanced Liquidity and Funding Conditions
Pakistan’s Foreign-Currency Issuer Default Rating (IDR) has been upgraded by Fitch Ratings from ‘CCC-‘ to ‘CCC,’ signaling improved external liquidity and funding conditions, according to a statement issued Monday.
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PM Shehbaz Sharif Urges Swiss Companies to Invest in Renewable Energy and IT Sectors
In a bid to boost investment and collaboration in renewable energy and IT sectors, Prime Minister Shehbaz Sharif has extended an invitation to Swiss companies.
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