Business
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Govt unveils Rs32tr borrowing plan
The government announced on Tuesday that it will need Rs32 trillion in loans this fiscal year, including rollovers from foreign…
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Solar projects receive lowest-ever tariff bid
In a landmark development, K-Electric’s (KE) 150-megawatt solar energy projects in Balochistan have achieved the country’s lowest-ever tariff bid, setting…
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REER rises in July, signaling overvalued rupee
Pakistan’s real effective exchange rate (REER) – the value of local currency as compared to a basket of currencies of…
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Internet disruptions jeopardise digital economy
IT experts and the Pakistan Freelancers Association (PAFLA) have raised alarms over the continuous slow internet in Pakistan, warning that…
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Energy Minister admits Pakistan has the most expensive electricity in the region
The Federal Minister for Energy, Awais Leghari, acknowledged that the country has the highest electricity costs in the region, stating…
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C/A deficit hits $162m in July
Pakistan posted a current account deficit (CAD) of $162 million in the first month (July) of the current fiscal year…
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4 tech zones set up amid increased surveillance
The Special Technology Zones Authority (STZA) has announced the creation of four new special technology zones (STZs), with an investment…
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PSX shrugs off slump, rallies by around 650 points
The Pakistan Stock Exchange (PSX) has shrugged off its downward slump on Thursday and surged by 667 points to reach…
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Pakistan’s economic outlook improves
State Bank of Pakistan (SBP) Governor Jameel Ahmad has emphasised that the country’s economic outlook has got better, following improvement…
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Govt approves Rs60b relief package
The government on Thursday approved a Rs60 billion relief package to provide five essential goods to poorer households at subsidised…
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