The approval will unlock from Pakistan’s international partners around US$38 billion over the program period. Washington (US), July 3, 2019: The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a 39-month extended arrangement under the Extended Fund Facility (EFF) for Pakistan for an amount of SDR 4,268 million (about US$6 billion or…
Karachi, July 03, 2019: PIA Pre-hajj operation of transporting intending pilgrims to Saudi Arabia from Pakistan will commence from July 5, 2019. PIA will transport more than 78,000 intending pilgrims to Saudi Arabia through nearly 300 flights from Pakistan. Four Pre-Hajj flights that will depart on the first day of Pre-Hajj operation on July 5, 2019, include PK741 from…
Karachi, July 03, 2019: Pakistan stock market continued its upward momentum, taking inspiration from yesterday’s close amid anticipation of the approval of bailout package worth $6 billion from the IMF executive board due today. On Wednesday At the end of the session, the pakistan stock exchange’s (psx) benchmark 100-share index recorded an increase of 589.44 points…
Karachi, July 03, 2019: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciated the Government decision for releasing exporters’ refunds pertaining to Drawback of Local Taxes and Levies (DLTL) amounting to Rs. 35 billion which were a long demand of FPCCI. He indicated that the payment of…
Islamabad, July 03, 2019: In a bid to empower women, Prime Minister Youth Affairs (PMYA) has planned to reserve a separate quota of young women in “Kamyab Jawan Program”. “Women were comprised more than half of the population so there was dire need to uplift them economically to bring them into the mainstream of social…