News – Page 1348 – Pakinomist

How to Apply for Asaan Karobar Finance Scheme in Punjab

Listen to the article The Punjab government recently launched the Asaan Karobar Finance scheme, offering interest-free loans to small and medium enterprises (SMEs). Chief Minister Maryam Nawaz launched Punjab Asaan Karobar finance and card schemes to promote business activities in the province. Addressing the inauguration ceremony, she said, “Under the Asaan Karobar Finance Scheme, interest-free […]

How to Apply for Asaan Karobar Finance Scheme in Punjab Read More »

IMF Downgrades Pakistan’s 2025 GDP Growth Forecast to 3%

News / Leave a Comment

Listen to the article The International Monetary Fund (IMF) has revised Pakistan’s economic outlook, downgrading its projected gross domestic product (GDP) growth for 2025 to 3%, down from 3.2% expected just three months ago. The adjustment comes amid a broader global economic assessment presented in the IMF’s “World Economic Outlook Update: Global Growth – Divergent

IMF Downgrades Pakistan’s 2025 GDP Growth Forecast to 3% Read More »

$582 million C/A profit posted

News / Leave a Comment

Listen to the article KARACHI: In December 2024, Pakistan recorded its third consecutive month of current account (CA) surplus of $582 million, reflecting a 109% year-on-year increase. This positive trend is attributed to improved exports, robust remittances driven by mass migration of human resources, moderate international commodity prices and reduced non-essential imports due to declining

$582 million C/A profit posted Read More »

Karachi citizens can benefit from NADRA’s hassle-free motorcycle service

News / Leave a Comment

Listen to the article The National Database and Registration Authority (NADRA) has launched a new service in the city of Karachi that aims to bring considerable convenience to the citizens. According to officials, this initiative is designed to save residents from the hassle of long waits and queues. The new service will begin on Monday,

Karachi citizens can benefit from NADRA’s hassle-free motorcycle service Read More »

FIA, IB officials travel to Morocco to investigate migrant boats

News / Leave a Comment

Listen to the article Pakistan has dispatched investigative teams to Morocco to investigate a migrant boat tragedy that left dozens dead, officials said. The teams, comprising officials from the Federal Investigation Agency (FIA), Intelligence Bureau (IB) and the Home Ministry, will collect evidence and interview survivors to ascertain the circumstances of the wreck, a senior

FIA, IB officials travel to Morocco to investigate migrant boats Read More »

The government is cutting PTV positions by 23%

News / Leave a Comment

Listen to the article ISLAMABAD: The government has decided to eliminate almost one in four sanctioned posts at Pakistan Television Corporation (PTV) as part of efforts to reduce the national entity’s losses and has also approved a new business plan for the state-owned entity. On Friday, the Information Ministry informed the Cabinet Committee on State-Owned

The government is cutting PTV positions by 23% Read More »

Short-term inflation eases to 0.39% due to fall in food prices

News / Leave a Comment

Listen to the article KARACHI: The Sensitive Price Indicator (SPI), a key short-term inflation gauge, recorded a week-on-week decline of 0.39% for the week ending January 16, 2025, but year-on-year the reading was up 1.16%. The fall in the inflation rate compared to the previous week was primarily driven by falls in the prices of

Short-term inflation eases to 0.39% due to fall in food prices Read More »

Duty reduction of Rs1.03 expected

News / Leave a Comment

Listen to the article ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely to cut power tariffs by Rs1,035 per unit as part of the monthly fuel price revision for December 2024, bringing some relief to electricity consumers who bear very high tariffs. The Central Power Purchasing Agency-Guarantee (CPPA-G) has submitted a formal request

Duty reduction of Rs1.03 expected Read More »

Talks with government to continue, says Gohar

News / Leave a Comment

Listen to the article ISLAMABAD: Talks between the PTI and the ruling PML-N will continue despite PTI founder Imran Khan and his wife being convicted in a corruption case, PTI Chairman Ali Gohar Khan announced on Friday. “[Talks] will not be interrupted because of this [judgment]”, Gohar quoted Imran as saying shortly after an accountability

Talks with government to continue, says Gohar Read More »

The World Bank clears the air on the ‘criticism’ of the Uraan plan

News / Leave a Comment

Listen to the article World Bank country director Najy Benhassine on Friday rejected reports that the international financial institution had criticized Pakistan’s Uraan plan, calling the claims “a false interpretation”. In a social media post on X (formerly Twitter), Benhassine addressed the confusion caused by articles published on Friday. He clarified that the reports misinterpreted

The World Bank clears the air on the ‘criticism’ of the Uraan plan Read More »