The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, US, October 9, 2016. — Reuters$1.2bn disbursement expected to arrive on December 9.Tranche consists of $1bn EFF and $200m RSF.SLA reached on October 14…
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Pakistan’s 90% gold trading occurs outside formal channels: report

An undated file image of gold sets displayed at a jewellery store. — AFP/FileStudy highlights fragmented regulation driving distortions.CCP urges hallmarking to ensure nationwide purity standards.Proposed authority aims to unify gold sector governance.
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Nepra imposes fixed charges on domestic consumers using up to 300 units

A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/FileConsumers using up to 100 units to pay Rs200 fixed charges.Consumers using up to 200 units to pay Rs300 fixed charges.Nepra cuts electricity rates for industrial consumers by…
PM forms 18-member committee to oversee oil prices amid regional conflict

An overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/FileFinMin Aurangzeb to lead 19-member committee.Strategy to prevent fuel shortages nationwide, Committee to assess prolonged war impact on economy.
ISLAMABAD: Prime…




