Pakistan’s Higher Education Commission Cracks Down on Non-Compliant Institutions Islamabad, Pakistan – The Higher Education Commission (HEC) of Pakistan has issued a stern warning to students and parents to avoid enrolling in two-year undergraduate and graduate degree programs, as they are no longer recognized. Phased Out Programs HEC had previously phased out these programs, with … Read more
The gold market in Pakistan has witnessed a significant surge, with the price of 24-karat gold reaching an all-time high of Rs 2,41,300 per tola (11.66 grams). This marks an increase of Rs 1,900 per tola, according to market reports. Read Also: Budget 2024-25: Proposal to Increase Tax on Bank Profits for Non-Filers Detailed Breakdown – … Read more
The International Monetary Fund (IMF) has projected a GDP growth rate for Pakistan of 2 percent for the current fiscal year 2024, reflecting a notable improvement from the -0.2 percent recorded in fiscal year 2023. Alongside this growth, the IMF forecasts a decline in inflation from 29.2 percent to 24.8 percent and a decrease in … Read more
Islamabad, Pakistan – In a significant development for bilateral relations, Pakistan and Saudi Arabia have reaffirmed their commitment to expediting a $5 billion investment package. This agreement underscores a shared desire to bolster economic cooperation and strengthen the longstanding partnership between the two nations. Key Takeaways: Pakistan and Saudi Arabia prioritize implementation of a $5 … Read more
Islamabad, Pakistan – February 22, 2024: Former Prime Minister and founder of the Pakistan Tehreek-e-Insaf (PTI) party Imran Khan Demands Election Audit for IMF Talks. He is demanding an independent election audit as a precondition for further talks with the International Monetary Fund (IMF). This bold move shines a spotlight on concerns about electoral integrity … Read more
The sun shines brightly on Pakistan, but a storm of controversy swirls around its rooftop solar industry. Recent developments in the Senate Standing Committee on Power meeting have ignited a heated rooftop solar tariff debate, raising critical questions about affordability, equity, and the future of clean energy access in the country. Lower Rates, Higher Scrutiny: … Read more
Get ready for a shift in how non-essential medicines are priced in Pakistan! Pharmaceutical companies will soon have the reins on setting their own prices, following a green light from the federal cabinet. Here’s the lowdown: Non essential medicines get a pricing makeover: Say goodbye to government-regulated prices for non-essential medicines. Companies will now have the … Read more
Established under the guidance of Pakistan’s Ex-Prime Minister, the Special Investment Facilitation Council (SIFC) is a dedicated entity aimed at attracting overseas investments to fuel the economic advancement of the nation. Comprising Provincial Chief Ministers and the Army Chief, this council is focused on the urgent task of augmenting Foreign Direct Investment (FDI) in Pakistan … Read more
In Karachi, the State Bank of Pakistan (SBP) has directed financial institutions to guarantee convenient, timely, and trouble-free access to a comprehensive array of financial services, including credit, deposits, and payments, for farmers. During the annual Agricultural Credit Advisory Committee (ACAC) meeting, State Bank of Pakistan Governor Jameel Ahmed disclosed that despite formidable challenges such … Read more
Following the Supreme Court’s directive to the Election Commission of Pakistan (ECP) to unveil the election timeline for the general elections on February 8, 2024, the electoral body adhered to the order on Friday night. According to the electoral schedule, candidates can submit nomination papers to Returning Officers (ROs) between December 20 and December 22, … Read more
