Sat, 27 Jul 2024
( 21 Muharram 1446 )

Author name: GTV English

IMF Pakistan

Pakistan projects current account deficit reduced to $4.5 bn

Pakistan while in talks with the International Monetary Fund (IMF) expects the Current Account Deficit (CAD) to decline by $2 billion to end at $4.5 billion compared to the $6.5 billion projected for the Financial year ending June 2024. The IMF – Pakistan consultations for the first review of the $3 billion standby arrangement the …

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Punjab declared 4-day holiday across the province

The Caretaker Chief Minister of Punjab Mohsin Naqvi decided to observe a four-day holiday — from November 9 to 12 — in the province.The federal government of Pakistan had already announced November 9 (Iqbal Day) a national holiday. The chief minister noted that through these measures, the government can make the air quality better, but …

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PML-N, MQM-P announced electoral alliance for February 8 general elections

The Pakistan Muslim League-Nawaz (PML-N) and Muttahida Qaumi Movement-Pakistan (MQM-P) announced an electoral alliance on Tuesday for the February 8 general elections. Today,an MQM-P delegation led by Khalid Maqbool Siddiqui, Farooq Sattar and Syed Mustafa Kamal with the PML-N supremo Nawaz Sharif in Lahore at the party’s Model Town secretariat. Both parties agreed to adopt …

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Rupee sheds 98 paisas settling at Rs285.29 to US dollar

The Pakistani rupee in the inter-bank market continued to fall in third consecutive week.In the interbank market, the local currency lost Rs0.98, reaching 285.29. During the week ended on November 3, the PKR depreciated by 3.74 rupees against the US dollar to settle at PKR 284.31, as compared to the previous week’s closing of PKR …

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PSX surges to all-time high, crosses 53,000 milestone

PSX at an all-time high of 53,860 points,index gained 12,408 points in 4 months

The 100-index of Pakistan Stock Exchange (PSX) witnessed an all-time high trend on Monday, gaining 737.33 points, a positive change of 1.39 percent, closing at 53,860.37 points against 53,123.04 points the previous day Nov 3. The highest level of the market today was 53,938 points while the lowest level of the market was 53,166 points.The …

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Asif Zardari ‘predicts’ Bilawal Bhutto’s victory in the February 8 Elections

Former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari reiterated: “The sun of February 8 will rise with the message of Bilawal Bhutto-Zardari’s victory.” “A few days of the public’s difficulties are left. The PPP will bring an end to the people’s ordeals.Sindh’s heart, Karachi, also raised the slogan of ‘Jiye Bhutto’,” Zardari …

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