Affairs

Govt Finally Announces a Big Decrease in Petrol Prices

The government has decided to reduce the prices of petroleum products by as much as Rs. 7.01, easing the burden on the country’s inflation-weary citizens, according to well-placed sources.The prices of petroleum products will go down with immediate eff…

Affairs

Govt to Consider Extending Deadline for Old Banknotes

The federal cabinet will today decide whether to allow some citizens to exchange old notes until December 31, 2026.Although the old currency notes were declared void almost 5 years ago, the State Bank of Pakistan (SBP) and the Ministry of Finance have …

Affairs

Pakistan Received 47% More Loans This Year: Report

The government received $15.32 billion in fresh foreign loans from multilateral institutions and commercial banks during the previous fiscal year, up over 47 percent from $10.45 billion the year before.According to the ‘Annual Report on Foreign Economi…