UN issued $160 Million Flash Appeal to Help Pakistan with Flood
United Nations issued a $160 million flash appeal to help Pakistan deal with devastating floods that have killed more than 1,100 people.
Category: Business
Stay informed about Pakistan’s dynamic business landscape. Explore the latest trends, market insights, and economic developments driving the nation’s growth and prosperity.
Important meeting of IMF for bailout package will be held today
Board of International Monetary Fund (IMF) is set to meet today (Monday) to consider a loan plan for Pakistan, as officials in the cash-strapped country expect a month to come.
Facebook and Instagram have no plans to monetize content in Pakistan
Facebook monetization is not available in Pakistan. Meta – the parent company of Facebook and Instagram has no plans to monetize content in Pakistan.
Saudi Arabia announced investment of $1 billion in Pakistan
King Salman bin Abdulaziz ordered an investment of $1 billion in the brotherly country Pakistan in line with the kingdom’s stance in supporting the country’s economy and its people.
PM Shahbaz Sharif will meet the Emir of Qatar today
Shahbaz Sharif will meet the Emir of Qatar Sheikh Tamim bin Hamad Al Thani today, to discuss promoting cooperation in renewable energy, aviation, treaty structures, tourism and other areas.
PM abolished fuel adjustment charges for 17 million consumers
Prime Minister Muhammad Shahbaz Sharif announced a complete exemption from payment of Fuel Adjustment Charges (FAC) in electricity bills to about 17.1 million of the country’s 30 million electricity consumers.
IMF likely to release the tranche this week
The IMF’s $1.2 billion loan program for Pakistan is expected to begin later this week. The IMF Executive Board may meet before August 20. Pakistan and the IMF signed a $6 billion bailout agreement in 2019.
Impact of Budget 2022-23 on Pakistan’s Real Estate Sector
Finally, Pakistan’s long-awaited budget for 2022-23 has arrived, and as expected, the Finance Bill 2022-23 has made some important policy changes, primarily related to the real estate sector. The Federal government has imposed new taxes of Rs 440 billion in the budget for the next financial year 2022-23, focusing on the real estate sector. In…
Read More “Impact of Budget 2022-23 on Pakistan’s Real Estate Sector” »
