Prime Minister Shehbaz Sharif chairs a meeting of the federal cabinet in Islamabad. — APPPM Shehbaz Sharif chairs federal cabinet meeting.Pension increase will be effective from January 1.5-year import extension granted for life-saving drugs.ISLAMABAD: The federal cabinet…
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Arif Habib consortium plans to expand PIA fleet to 64 aircraft after Rs135bn takeover
A Pakistan International Airlines plane prepares to take-off at Alama Iqbal International Airport in Lahore. — Reuters/FileHabib confirms Fauji Fertiliser has also joined corporate consortium.Adds remaining 25% stake would fetch Rs45 billion to exchequer.Govt expects airline…
SBP maintains key policy rate at 11%
State Bank of Pakistan building is seen in this undated image. — SBP/File
The Monetary Policy Committee of the State Bank of Pakistan on Monday announced its decision to maintain the existing policy rate unchanged at 11%.
This marks the fourth straight MPC meeting…
Pakistan launches virtual asset licensing regime, sets September 5 deadline
A representation of cryptocurrencies are seen in this illustration. — Reuters/File
ISLAMABAD: Pakistan has completed its virtual asset licensing framework in less than six months, with existing virtual asset service providers required to submit applications by September 5 or cease…