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Category: Economy

Pakistan to Introduce New Polymer Currency Notes by Year-End 2024
EconomyNews
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

Pakistan to Introduce New Polymer Currency Notes by Year-End 2024

Pakistan is set to replace all of its existing currency notes, ranging from Rs. 10 to Rs. 5,000, by the…

ADB Country Director Meets President Zardari: A Step Towards Strengthening Economic Ties
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

ADB Country Director Meets President Zardari: A Step Towards Strengthening Economic Ties

In a significant development, the Asian Development Bank’s (ADB) Country Director for Pakistan met with President Asif Ali Zardari to…

PM Shehbaz Sharif to Reveal Ambitious 5-Year Economic Plan
EconomyNews
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

PM Shehbaz Sharif to Reveal Ambitious 5-Year Economic Plan

Prime Minister Shehbaz Sharif is set to unveil an ambitious five-year economic plan aimed at steering Pakistan towards sustainable growth…

FBR Takes Action Against Officers Seeking ‘Choice Postings’ 2024
BlogsEconomyNews
byHafiz Rahat UsamaAugust 22, 2024August 22, 2024

FBR Takes Action Against Officers Seeking ‘Choice Postings’ 2024

The Federal Board of Revenue (FBR) in Pakistan is taking a stern approach towards officers who are actively seeking ‘choice…

Government Opts to Retain 1 Health Ministry, Plans Structural Reforms
BlogsEconomyNews
byHafiz Rahat UsamaAugust 21, 2024August 21, 2024

Government Opts to Retain 1 Health Ministry, Plans Structural Reforms

The federal government has decided against abolishing the Ministry of National Health Services, Regulation, and Coordination, despite earlier discussions suggesting…

Schedule for Privatization of DISCOs Prepared, International 1 Advertising Launched
BusinessEconomy
byUzma SaharAugust 21, 2024August 22, 2024

Schedule for Privatization of DISCOs Prepared, International 1 Advertising Launched

The federal government has accelerated the privatization process of Pakistan’s Electricity Distribution Companies (DISCOs) with significant steps already underway. This…

US Introduces the Heartland Visa: A New Path to Permanent Residency Focused on Economic Revival
BlogsBusinessEconomyNewsTravel
bySumavaya IqbalAugust 21, 2024August 22, 2024

US Introduces the Heartland Visa: A New Path to Permanent Residency Focused on Economic Revival

In a groundbreaking move to stimulate economic growth in America’s de-industrialized regions, the United States Conference of Mayors has endorsed…

Punjab University Introduces Rs. 6,000 Fee for Degree Collection Amid Financial Challenges
BlogsEconomy
byAnas AhmedAugust 20, 2024August 22, 2024

Punjab University Introduces Rs. 6,000 Fee for Degree Collection Amid Financial Challenges

Punjab University, one of Pakistan’s oldest and most prestigious educational institutions, has introduced a significant policy change amid ongoing financial…

Pakistan to Begin Commercial Hemp Cultivation in January 2025, Eyeing Billion-Dollar Market
BlogsEconomy
bySumavaya IqbalAugust 20, 2024August 22, 2024

Pakistan to Begin Commercial Hemp Cultivation in January 2025, Eyeing Billion-Dollar Market

In a groundbreaking move aimed at entering the lucrative global hemp market, the Pakistani government has announced plans to allow…

Senate Committee Agrees to Dissolve Ministry of Industries and Production, Ministry of Energy (Petroleum Division)
EconomyNews
byHafiz Rahat UsamaAugust 20, 2024August 20, 2024

Senate Committee Agrees to Dissolve Ministry of Industries and Production, Ministry of Energy (Petroleum Division)

The Senate Functional Committee on Devolution has reached a consensus to dissolve two key federal ministries: the Ministry of Industries…

Ahsan Iqbal Emphasizes Economic Restoration as Pakistan’s Top 1 Priority
BlogsEconomy
bywebstaffAugust 19, 2024August 22, 2024

Ahsan Iqbal Emphasizes Economic Restoration as Pakistan’s Top 1 Priority

Federal Minister for Planning, Ahsan Iqbal, emphasized on Sunday that the restoration of Pakistan’s economy remains the government’s foremost challenge.…

Government Poised to Introduce Fuel Price Adjustment in Gas Bills 2024
BlogsEconomyNews
bySumavaya IqbalAugust 19, 2024August 22, 2024

Government Poised to Introduce Fuel Price Adjustment in Gas Bills 2024

In a significant move aimed at addressing the financial challenges within Pakistan’s energy sector, the federal government is reportedly planning…

Google Unveils AI Academy in Pakistan to Propel Startup Growth 2024
BusinessDigitalEconomyTP
byAnas AhmedAugust 18, 2024August 22, 2024

Google Unveils AI Academy in Pakistan to Propel Startup Growth 2024

Google for Startups has taken a monumental step in fostering technological innovation in Pakistan by launching an ‘AI Academy’ aimed…

Government Set to Expand Benazir Income Support Program to Reach 10 Million Beneficiaries
BlogsEconomyNewsTips & Tricks
byUzma SaharAugust 18, 2024August 22, 2024

Government Set to Expand Benazir Income Support Program to Reach 10 Million Beneficiaries

The federal government has made a strategic decision to significantly expand the Benazir Income Support Program (BISP), with a target…

Punjab Government Announces Rs. 14 Per Unit Relief for Electricity Consumers in August and September
EconomyNews
bySyeda RubabAugust 17, 2024August 22, 2024

Punjab Government Announces Rs. 14 Per Unit Relief for Electricity Consumers in August and September

In a significant move aimed at alleviating the financial burden on electricity consumers in Punjab, the provincial government has announced…

Government Bolsters Bureaucracy with Over 60 Promotions
BlogsEconomyNews
byUzma SaharAugust 16, 2024August 16, 2024

Government Bolsters Bureaucracy with Over 60 Promotions

In a significant administrative development, the government has promoted over 60 bureaucrats from Grade 18 to Grade 19, as per…

Punjab Government Rolls Out 1 Free Solar Panels for Citizens Under Roshan Gharana Programme
BlogsEconomyNewsTrending
byHafiz Rahat UsamaAugust 14, 2024August 14, 2024

Punjab Government Rolls Out 1 Free Solar Panels for Citizens Under Roshan Gharana Programme

In a significant step towards providing relief to the citizens of Punjab, the provincial government has approved the Chief Minister…

Punjab Overhauls Property Tax System with New Valuation Formula 2024
BlogsBusinessEconomy
byHafiz Rahat UsamaAugust 14, 2024August 14, 2024

Punjab Overhauls Property Tax System with New Valuation Formula 2024

The Punjab Excise, Taxation, and Narcotics Control Department (PETSCD) has introduced a significant change to the property tax system, marking…

Government Expected to Slash Petrol and Diesel Prices This Week
EconomyNewsTrending
byHafiz Rahat UsamaAugust 13, 2024August 13, 2024

Government Expected to Slash Petrol and Diesel Prices This Week

The federal government is likely to bring much-needed relief to the public this week with a significant reduction in the…

Karachiites to Face 1 Additional Charges in Electricity Bills as KMC Introduces New Municipal Tax
BlogsEconomyLifestyleTrending
byHafiz Rahat UsamaAugust 13, 2024August 13, 2024

Karachiites to Face 1 Additional Charges in Electricity Bills as KMC Introduces New Municipal Tax

Residents of Karachi are set to experience an increase in their electricity bills as the Karachi Metropolitan Corporation (KMC) has…

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