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Islamabad, July 6, 2023 – In a major development, the President of Pakistan has approved a substantial salary increase of up to 35 percent for government employees. The finance ministry issued a notification outlining the details of this salary raise.
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Islamabad, July 6, 2023 – The government of Pakistan has taken a significant step towards improving the welfare of retired individuals by announcing a substantial increment in the minimum pension.
(more…)In a significant development, the Finance Division has issued a notification on Wednesday, July 5, 2023, announcing a substantial increase in the pension of government employees.
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Karachi, July 4, 2023: Pakistan’s foreign exchange reserves have experienced a significant increase of $477 million over the course of a week, as revealed by data released by the State Bank of Pakistan (SBP).
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Islamabad, July 3, 2023: Pakistan has made significant progress in its trade dynamics, as official data released on Monday reveals a remarkable 43% decline in trade deficit during the fiscal year 2022-23 when compared to the preceding fiscal year.
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Islamabad, July 3, 2023: Pakistan’s headline inflation reached 29.4 percent in June 2023, marking a substantial increase compared to the previous month, according to official data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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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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Islamabad, June 30, 2023: Prime Minister Shehbaz Sharif announced on Friday that Pakistan has reached a Staff-Level Agreement with the International Monetary Fund (IMF) on a nine-month US$3 billion Stand-By Arrangement (SBA).
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Karachi, June 30, 2023: Pakistan’s new standby arrangement (SBA) with the International Monetary Fund (IMF) has surpassed expectations, according to analysts at Topline Research.
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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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