Petrol Price Declines as Global Oil Rates Ease ISLAMABAD: Pakistan is expected to cut petrol prices starting August 1, 2025, as global oil markets trend downward. According to official sources, the petrol price per barrel has fallen from $75.27 to $73.19. In parallel, the import premium on petroleum has also declined sharply—from $9.61 to $6.74…
Pakistan’s Central Bank Eyes Strong Reserve Build-Up KARACHI: Pakistan’s Central Bank has projected that foreign exchange (FX) reserves will climb past $17 billion by the end of FY26 Business RecorderThe Express Tribune. This is a key signal of growing international confidence, despite ongoing external debt repayments and macroeconomic pressures . At the close of FY25…
KARACHI: The State Bank of Pakistan (SBP) has kept the benchmark interest rate unchanged at 22%. The announcement came during its latest monetary policy meeting on Wednesday. This decision was cautious but expected. It comes amid high inflation, global economic uncertainty, and ongoing talks with the International Monetary Fund (IMF). The Monetary Policy Committee (MPC)…
KARACHI: In a landmark development for Pakistan’s financial markets, all three actively traded Pakistan’s Eurobonds have crossed the $1 premium mark in global capital markets — a first in recent history. This significant price surge reflects renewed global investor confidence in Pakistan’s macroeconomic stability and debt repayment ability. Speaking at the monetary policy press conference…
ISLAMABAD:In a strategic move, Pakistan has withdrawn the 5% digital tax on foreign tech companies. This step aims to boost progress on the Pakistan-US trade agreement. The Federal Board of Revenue (FBR) announced the exemption on Wednesday. It removes a key obstacle raised by the US administration during trade talks. The tax was introduced in…
WASHINGTON: On Wednesday, former US President Donald Trump announced a landmark energy trade deal with Pakistan. The agreement marks the start of a major Pakistan Oil Deal. It is aimed at unlocking Pakistan’s untapped oil reserves. Under the deal, the United States will work closely with Pakistan. Both countries will collaborate to explore and develop…
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Do you always run out of money by the end of the month? Or in an emergency, you feel helpless because you never try to save up some money for such a situation? It may happen to all of us. Whenever we try to stabilize our financial condition, the best way we see is how…
Living in a society where everything is being looked at on the standard of money rather than happiness or worth, how people say that money can’t buy everything. Shocked right? Yes, this is the reality of today’s world. Every single person in our society is behind on how to get more money. Money is the…
