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The Herald Today

12 April 2025

Posts Tagged: "Pakistan economy"

Pakistan Initiates Second Attempt to Privatize PIA, Offering Up to 100% Stake
Pakistan Initiates Second Attempt to Privatize PIA, Offering Up to 100% Stake

The Government of Pakistan has embarked on a renewed effort to privatize Pakistan International Airlines (PIA), the nation’s loss-making flag...

By Web Desk | March 19, 2025 | Category: Business

Pakistan’s Revised IPP Agreements Yield Rs1.3 Trillion in Savings, Aiming to Reduce Electricity Tariffs
Pakistan’s Revised IPP Agreements Yield Rs1.3 Trillion in Savings, Aiming to Reduce Electricity Tariffs

The Government of Pakistan has successfully renegotiated agreements with Independent Power Producers (IPPs), resulting in lifetime savings of approximately Rs1.3...

By Web Desk | March 19, 2025 | Category: Business

Pakistan Set to Announce Rs. 8 Per Unit Reduction in Electricity Tariffs on March 23
Pakistan Set to Announce Rs. 8 Per Unit Reduction in Electricity Tariffs on March 23

In a significant move to alleviate the financial burden on consumers and enhance industrial competitiveness, Prime Minister Shehbaz Sharif is...

By Web Desk | March 19, 2025 | Category: Breaking News, Business

Pakistan Secures $102 Million World Bank Loan to Strengthen Microfinance Sector
Pakistan Secures $102 Million World Bank Loan to Strengthen Microfinance Sector

The World Bank has approved a $102 million loan for Pakistan under the Resilient and Accessible Microfinance (RAM) Project, aiming...

By Web Desk | March 19, 2025 | Category: Breaking News, Business, World

Pakistan Receives MEFP Draft from IMF; Staff-Level Agreement Under $7 Billion EFF Pending
Pakistan Receives MEFP Draft from IMF; Staff-Level Agreement Under $7 Billion EFF Pending

Pakistan has received the draft Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund (IMF), a pivotal...

By Web Desk | March 18, 2025 | Category: Breaking News, Business, Latest

Second Major Oil and Gas Reserves Discovered in Waziristan Block
Second Major Oil and Gas Reserves Discovered in Waziristan Block

Pakistan has achieved a significant milestone in its energy sector with the discovery of a second substantial oil and gas...

By Web Desk | March 18, 2025 | Category: Breaking News, Business

Pakistan’s Current Account Deficit Narrows Sharply to $12 Million in February 2025
Pakistan’s Current Account Deficit Narrows Sharply to $12 Million in February 2025

Pakistan’s current account balance significantly improved in February 2025, recording a minimal deficit of $12 million, a substantial decrease from...

By Web Desk | March 18, 2025 | Category: Business

Finance Ministry Denies Reports of Salary and Pension Increases for Government Employees
Finance Ministry Denies Reports of Salary and Pension Increases for Government Employees

The Ministry of Finance has officially refuted recent reports suggesting that Finance Minister Muhammad Aurangzeb announced increases in salaries and...

By Web Desk | March 18, 2025 | Category: Breaking News, Business

PSX Rallies Amid Positive IMF Negotiations and Circular Debt Reduction Efforts
PSX Rallies Amid Positive IMF Negotiations and Circular Debt Reduction Efforts

The Pakistan Stock Exchange (PSX) commenced the week on a bullish trajectory, buoyed by positive developments in ongoing negotiations with...

By Web Desk | March 17, 2025 | Category: Business

Pakistan Secures IMF Approval for $1 Billion Tranche Amid Economic Reforms
Pakistan Secures IMF Approval for $1 Billion Tranche Amid Economic Reforms

Pakistan has successfully concluded negotiations with the International Monetary Fund (IMF), resulting in the approval of a $1 billion tranche...

By Web Desk | March 14, 2025 | Category: Breaking News, Business