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IMF Approves Rs1/kWh Power Tariff Cut for Pakistan: A Rs100 Billion Relief for ConsumersPakistan Secures IMF-Backed Electricity Relief Amid Economic Reforms In a major relief for electricity consumers across Pakistan, the International Monetary Fund (IMF) has approved a Rs1 per kWh reduction in power tariffs. This initiative, aimed at easing financial pressure on households and businesses, is expected to bring relief amounting to Rs100 billion nationwide. How Will the Relief Be...0 Comentários 0 Compartilhamentos 979 Visualizações 0 Anterior
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Pakistan Repays $1B Chinese Loan, Eyes Fresh RefinancingPakistan has successfully repaid a $1 billion loan to the Industrial and Commercial Bank of China (ICBC) in two installments. However, this repayment has temporarily brought down the country’s foreign exchange reserves to $10.6 billion. Despite this significant outflow, Islamabad remains hopeful of securing refinancing from China, a crucial move as another $300 million repayment to ICBC...0 Comentários 0 Compartilhamentos 908 Visualizações 0 Anterior
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Pakistan’s $1.3B IMF Deal: A Bold Step Toward Economic RevivalPakistan’s $1.3B IMF Deal: A Bold Step Toward Economic Revival Prime Minister Shehbaz Sharif has hailed the latest $1.3 billion agreement with the International Monetary Fund (IMF) as a major milestone in Pakistan’s journey toward economic stability. This much-needed financial boost raises the country’s foreign exchange reserves to $8.3 billion, providing crucial breathing...0 Comentários 0 Compartilhamentos 859 Visualizações 0 Anterior
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PM Shehbaz Sharif Applauds FBR’s Swift Rs. 34.5 Billion Recovery, Calls for Lasting ReformsPM Shehbaz Sharif Reviews FBR’s Performance, Stresses Sustainable Reforms Prime Minister Shehbaz Sharif, fresh from his visit to Saudi Arabia, wasted no time in addressing Pakistan’s economic priorities. Convening a high-level meeting, he reviewed the performance of the Federal Board of Revenue (FBR), lauding its recent success in recovering Rs. 34.5 billion on short notice....0 Comentários 0 Compartilhamentos 940 Visualizações 0 Anterior
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