To bolster Pakistan’s energy sector, the Executive Directors of the World Bank on Tuesday approved an additional $1 billion financing for the Dasu Hydropower Stage I (DHP I) Project.
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Pakistan to Announce 2024-25 Budget on June 12, 2024
PkRevenue.com – Pakistan announced on Monday that the federal budget for the fiscal year 2024-25 will be presented in the parliament on Wednesday, June 12, 2024.
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Pakistan Decides to Export 150,000 MT Sugar
Islamabad, June 10, 2024 – Pakistan has conditionally approved the export of 150,000 metric tons of sugar, following a request from the Pakistan Sugar Mills Association (PSMA). This decision aims to balance the needs of local markets while fulfilling the demands of sugar producers.
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SBP Announces 150bps Cut in Benchmark Policy Rate to 20.5%
Karachi, June 10, 2024 – In a move aimed at providing much-needed relief to the economy, the State Bank of Pakistan (SBP) has announced a reduction in the benchmark policy rate by 150 basis points, bringing it down to 20.5 percent.
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Latest Petroleum Prices in Pakistan as of June 10, 2024
PkRevenue.com — The Government of Pakistan has updated petroleum prices effective from today, June 10, 2024, which will remain applicable until June 15, 2024.
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Pakistan Records Highest Monthly Remittances $3.2B in May 2024
PkRevenue.com – Pakistan has achieved a historic milestone by recording all-time high monthly remittances of $3.24 billion in May 2024, according to official data released on Friday by the State Bank of Pakistan (SBP).
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Pakistan and China Resolve to Protect CPEC from Detractors
Pakistan and China on Friday reaffirmed their steadfast commitment to safeguarding the China-Pakistan Economic Corridor (CPEC) from its detractors and adversaries.
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Sarim Burney Arrested on Human Trafficking Charges
PkRevenue.com – Sarim Burney, a well-known social activist and chairman of the Sarim Burney Welfare Trust, was arrested by the Anti-Human Trafficking Police upon his arrival in Karachi from the United States.
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PM Shehbaz Guarantees Chinese Investors of Facilities, Security
PkRevenue.com — Prime Minister Shehbaz Sharif on Wednesday assured Chinese investors of comprehensive facilitation and robust security for their projects and investments in Pakistan.
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Pakistan Sees Massive 27% Exports Jump YoY in May 2024
PkRevenue.com – Pakistan has registered a significant 27.08 percent increase in exports on a year-on-year (YoY) basis in May 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. Exports surged to $2.80 billion in May 2024, up from $2.20 billion in the same month of the previous year.
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