ADB launches $3.5 billion initiative for sustainable water use
This initiative comes in response to the accelerating glacial melt due to climate change
KP’s export taxes and rules affecting trade with Afghanistan and Central Asia
2% infrastructure development cess (IDC) on trade via KP has hampered the growth of bilateral trade, President PAJCCI
Pakistan expands BISP with $330M loan approval
The government acquires this loan from the Asian Development Bank (ADB), which has already provided $600 million for the BISP
Pakistan launches first National Carbon Market Policy
Carbon markets offer a platform for trading carbon credits, which represent reductions in greenhouse gas emissions
Pakistan rules out mini-budget after constructive IMF talks
FBR would achieve its tax collection target of Rs12,970 billion, Federal Finance Minister
IMF board to decide on Pakistan’s bailout progress
IMF decides to present the findings of its unscheduled visit to Pakistan to its executive board for a decision
Netflix suffers outage, affecting thousands of users
The disruption occurred just as viewers were tuning in to watch the much-anticipated boxing match between Mike Tyson and Jake Paul
Lawsuit claiming Elon Musk rigged dogecoin ends
Investors originally sought $258 billion, and amended their complaint four times in two years
Government asks fertiliser firms to cut DAP by Rs3,000
Punjab's DAP demand in October 2024 surged by 44%, reaching 309,000 tonnes against the projected offtake of 215,000 tonnes
PSX projected to climb to 120,000 points by December 2025: report
Anticipated growth signifies a 27% return over the next 13 months, driven by stabilizing macroeconomic fundamentals and an undervalued equity market, forecasts AHL
PM forms panel for wheat procurement with IMF Input
The committee headed by Finance Minister Muhammad Aurangzeb to draft a wheat procurement plan for Food Year 2024-25
Refineries seek sales tax resoulution to unlock $6 billion upgrade plans
They pointed out that discussions during the SIFC meeting were positive but the problem remains unresolved
16 out of 29 organizations under review for closure or privatization
Utility Stores Corporation shifts from closure plans to privatization list with 4,300 outlets
Nepra warns Discos, K-Electric to resolve overbilling issues or face legal action Â
Regulator outlines pro-rata billing adjustments to protect consumers Â
Large-scale manufacturing shrinks by 0.76% in Q1 FY25
Garments and automobiles lead growth; cement and iron & steel record significant declines Â