The federal government has stepped up oversight of petroleum reserves to ensure uninterrupted fuel availability across Pakistan, as regional developments continue to impact global energy markets. Authorities say the move is aimed at preventing any potential supply disruptions and maintaining price stability for consumers. A key meeting of the committee formed by Prime Minister Shehbaz […]
Pakistan has moved its ongoing negotiations with the International Monetary Fund (IMF) to a virtual format amid prevailing security concerns, while keeping the review process on schedule. Officials from the Ministry of Finance confirmed that although the format has shifted from in-person meetings to online discussions, the timeline and agenda of the talks remain unchanged. […]
The federal government is reviewing the future of the Rs. 10 banknote, as the federal cabinet has constituted a high-level committee to examine whether the currency note should be discontinued or retained. The move has sparked public interest, given the widespread daily use of the Rs. 10 note across Pakistan. According to sources familiar with […]
Former finance minister and ex-governor of the State Bank of Pakistan, Dr Shamshad Akhtar, passed away on Saturday at the age of 71. Her demise marks the loss of one of Pakistan’s most respected economists, whose career spanned decades of national service and international leadership in global financial institutions. Dr Shamshad Akhtar was widely recognized […]
A banking court in Lahore has issued arrest warrants for Federal Deputy Secretary of Finance Sehar Mannoo and her husband, Qadeer Ashfaq, in connection with an alleged bogus cheque submitted to a private bank. The order was announced during Saturday’s hearing, according to details shared by 24NewsHD. The court directed the DIG Police Lahore to […]
