Karachi, January 4, 2025 – A leader from the Workers Federation State Bank of Pakistan has raised concerns about the accuracy of the inflation figures being presented by the government, claiming that they do not reflect the true economic conditions faced by the public.
(more…)Category: National
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Pakistan Faces Major Internet Disruption After AAE-1 Cable Fault
Islamabad (2nd January 2025): Pakistan is facing a significant internet disruption following a reported fault in the AAE-1 submarine cable near Qatar.
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Islamabad Extends Vehicle Tax Payment Deadline to January 15
Islamabad, January 2, 2025 – The Islamabad Excise and Taxation Department has extended the deadline for vehicle token tax payments, giving vehicle owners a 15-day grace period.
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Pakistan Tightens Pension Rules, Limits Multiple Benefits Draw
Islamabad, January 2, 2025 – Pakistan has introduced sweeping reforms to pension rules, effectively restricting individuals from drawing multiple pensions simultaneously. This move, outlined in a notification issued by the Pakistan Finance Division, is based on the recommendations of the Pay and Pension Commission 2020 and aims to streamline pension disbursements and curb inefficiencies in the system.
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Pakistan Burns Rs 276 Billion on Cigarettes in Nine Months
Karachi, January 2, 2025 – In the midst of unprecedented economic challenges, Pakistanis spent a staggering Rs 276 billion on cigarettes during the first nine months of 2024. This shocking revelation emerges as the nation grapples with soaring inflation and dwindling resources for essential commodities.
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Inflation Eases: Pakistan’s CPI Drops to 80-Month Low
Karachi, January 1, 2025 – Pakistan’s headline inflation, measured by the Consumer Price Index (CPI), dropped to an 80-month low of 4.1% year-on-year (YoY) in December 2024. This marks the lowest level since April 2018, when inflation was recorded at 3.96%.
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Schools Reopen Across Sindh After Winter Vacations
KARACHI: The Sindh Education Department announced on Tuesday that schools and colleges across the province, including Karachi, would reopen on Wednesday (today), bringing clarity to the resumption of classes after the winter break.
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Pakistan Increases Petroleum Prices on New Year 2025
ISLAMABAD: The federal government of Pakistan has increased the price of petrol by Re0.56 per litre, effective from the first fortnight of 2025. The announcement, made on New Year’s Eve, reflects adjustments based on fluctuations in the international oil market, as stated in a notification issued by the Finance Division.
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Karachi Sit-ins Turn Violent, Several Vehicles Set on Fire
Karachi, December 31, 2024 – Sit-ins organized by the Majlis Wahdat-e-Muslimeen (MWM) across various locations in Karachi took a violent turn on Tuesday, with multiple vehicles set ablaze and clashes reported between protesters and law enforcement.
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Sindh Extends School Winter Vacations?
Karachi, December 31, 2024 – Speculation is rife as residents await confirmation from the Sindh government regarding a possible extension of school winter vacations.
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