Karachi, April 22, 2024 – In a remarkable economic turn, Pakistan has registered a current account surplus of $619 million for the month of March 2024, as announced by the State Bank of Pakistan (SBP) on Monday.
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Mari Petroleum Announces First Oil Discovery in Sindh
Karachi, April 22, 2024 – In a significant development for Pakistan’s energy sector, Mari Petroleum Company Limited (MPCL) revealed on Monday that it has discovered oil at the Shawal-1 exploratory well in the Sindh province.
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Pakistan Imports Mobile Phones Worth $1.30 Billion in 9 Months
In a significant uptick, Pakistan has imported mobile phones worth $1.30 billion during the first nine months (July – March) of the fiscal year 2023-24, marking a 181 percent increase from the same period last year. This surge compares to a modest $462 million in mobile phone imports during the corresponding months of the previous fiscal year, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
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Iranian President Kicks Off Visit to Pakistan Starting April 22, 2024
In a significant diplomatic move, the President of the Islamic Republic of Iran, Dr. Seyyed Ebrahim Raisi, is set to arrive in Pakistan on Monday for a three-day state visit from April 22 to 24.
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Car Imports in Pakistan Skyrocket by 274% in 9MFY23
Pakistan has seen an unprecedented surge in car imports, with a 274 percent increase during the first nine months of the fiscal year 2023-24.
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Pakistan Railways Revives Safari Tourist Train
Pakistan Railways, in collaboration with PK-Unicorn, is set to revive the beloved Safari Tourist Train, offering an enhanced travel experience aimed at exploring the rich cultural heritage of the Pothohar region.
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Pakistan Discusses Reforms with Global Rating Agencies
In a crucial meeting held on Saturday, Finance Minister of Pakistan Muhammad Aurangzeb engaged with representatives from two of the world’s leading credit rating agencies, S&P Global and Fitch Ratings.
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Gold Reaches Historic High at Rs 252,200 per Tola in Pakistan
Karachi, April 20, 2024 – The shimmering allure of gold reached unprecedented heights in Pakistan today as the precious metal surged to a historic high of Rs 252,200 per tola.
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President Hails Mohtasib for Providing Rs 1.26 Billion Relief
President Asif Ali Zardari has commended the Banking Mohtasib for its remarkable efforts in processing over 25,000 complaints and extending monetary relief amounting to Rs. 1.26 billion to banking customers during the year 2023.
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Pakistan Set to Deregulate Petroleum Prices: Reports
Pakistan is poised to deregulate petroleum prices in response to concerns raised by the oil industry regarding the influx of smuggled oil products and the escalating fuel prices, according to recent reports.
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