Islamabad, April 10, 2025 – A wave of anticipation is sweeping across Pakistan as citizens eagerly await a substantial reduction in petroleum prices, following a dramatic decline in global crude oil rates.
(more…)Category: Pakistan
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ADB Projects 2.5% GDP Growth for Pakistan in FY25
Islamabad, April 9, 2025 – The Asian Development Bank (ADB) has projected Pakistan Gross Domestic Product (GDP) growth at 2.5% for the fiscal year 2025, attributing the forecast to ongoing tight macroeconomic policies.
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Pakistan Eyes Strategic Openings in US Tariff Shift: Aurangzeb
Islamabad, April 5, 2025 – Finance Minister Muhammad Aurangzeb announced on Saturday that Pakistan is actively seeking opportunities within the recent tariff impositions by the US administration, viewing the move not merely as a challenge but also as a chance to strengthen its global trade presence.
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Pakistan’s Consumer Price Inflation Drops to 0.7% in March 2025
Islamabad, April 3, 2025 – Pakistan’s consumer price inflation has declined significantly, falling below 1% in March 2025, largely due to reduced food prices and lower costs in the housing and transport sectors.
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World Bank Okays $300 Million for Punjab Air Quality Improvement
The World Bank Group Board of Directors has given the green light for a $300 million International Development Association (IDA) loan to support the Punjab Clean Air Program (PCAP).
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Pakistan’s Foreign Exchange Reserves Drop by $465 Million: SBP
Karachi, March 27, 2025 – Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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IMF Approves Pakistan’s EFF, RSF for Stability Boost
Washington, March 25, 2025 – Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) on the first review of its Extended Fund Facility (EFF) and a new arrangement under the Resilience and Sustainability Facility (RSF).
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OGDCL Shares Major Updates on Reko Diq Gold Project
Karachi, March 25, 2025 – The Oil and Gas Development Company Limited (OGDCL) has provided a significant update on the progress of the Reko Diq gold and copper project, a major mining initiative in Pakistan.
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President Felicitates Nation on Pakistan Day, March 23
Islamabad: The President of Pakistan, Asif Ali Zardari, has extended his heartfelt congratulations to the entire nation on the momentous occasion of Pakistan Day, celebrated on March 23.
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Pakistan Bans Import of Polyol and Chlorodifluoroethanes
Islamabad, March 20, 2025 – Pakistan has officially imposed a ban on the import of polyol blended and chlorodifluoroethanes with immediate effect.
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