Latest Petrol Price Hike Announced by Government Government’s Decision on Fuel Prices In a significant move, the caretaker government, led by Prime Minister Anwaar Ul Haq Kakar, announced an increase in petrol prices just days before the end of their term. The price of gasoline has been raised by …
Read More »Probably from March 1, petrol prices will go up.
Introduction to OGRA’s Proposal Petrol Prices The Oil and Gas Regulatory Authority (OGRA) has put forward a proposal for adjusting petroleum product prices. This move comes in response to the climbing global oil prices and looming revenue challenges. The authority’s suggestions aim to realign domestic fuel prices with international trends, …
Read More »PSX shares rise 900 points as IMF says it will cooperate with the incoming government.
Friday saw bulls dominate the Pakistan Stock Exchange PSX shares rise by over 900 points after the IMF signaled its willingness to work with the new administration. The PSX website said the KSE-100 index finished at 62,815.81 points, up 901.47 points, 1.46 percent from 61,914.34. The IMF said today it looks …
Read More »FBR reports a 30% increase in tax collection, above the objective.
The Federal Board of Revenue (FBR) has declared that tax collection has performed well for the first seven and a half months of the current fiscal year, surpassing its objective. The FBR highlighted noteworthy accomplishments, pointing out that the most extensive tax collection occurred in December 2023, demonstrating a promising …
Read More »structural issues
The fact that Pakistan’s stock and currency markets aren’t feeling particularly upbeat despite Qatar’s stated commitment to spend $3 billion in important commercial and investment areas of the country’s economy suggests that these markets require more than just verbal assurances to improve. It hasn’t helped that the ambitions of the …
Read More »