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Pakistan Grants Temporary Trade Exemptions for Exports via Iran
Pakistan allows exports via Iran and Central Asia without bank guarantees or LCs for 3 months, covering rice, seafood, pharma, and more. Boost to regional trade & economic growth.
News Desk
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Govt Plans Petrol Subsidy for Motorcycles, Rickshaws Amid Rising Fuel Costs
Pakistan govt plans targeted petrol subsidy for bikes & rickshaws with QR code system; final decision on fuel prices expected next week.
News Desk
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IMF Approves $1.2 Billion Deal for Pakistan, Endorses Key Economic Reforms
IMF reaches staff-level agreement with Pakistan for $1.2B disbursement, backing reforms in fiscal policy, energy sector, and climate resilience amid global economic uncertainty.
News Desk
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World Bank set to provide $10.7bn loan for Pakistan’s energy sector project
Pakistan likely to receive $10.7bn from World Bank for a major energy project, supported by Asian Infrastructure Bank & Islamic Development Bank, to upgrade transmission, storage, and power system reforms.
News Desk
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Yousuf Raza Gilani approves Rs265m surrender to national exchequer amid austerity drive
Senate Chairman Yousuf Raza Gilani approves surrender of Rs265m to support govt austerity drive, vows further spending cuts to stabilise economy.
News Desk
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64% of Pakistan’s State-Owned Enterprises Yet to Complete Audits: Finance Ministry
Over 64% of Pakistan’s state-owned enterprises remain unaudited, raising concerns over transparency, financial losses & privatization delays
News Desk
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Govt Finalises App-Based Fuel Quota System to Target Subsidies for Low-Income Users
Pakistan plans app-based fuel quota system for bikes & rickshaws to target subsidies and curb fuel use amid rising oil prices
News Desk
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Cabinet Committee Confirms Stable Oil & Gas Reserves in Pakistan
Pakistan’s Cabinet Committee on Petroleum says oil and gas reserves are satisfactory; imports and local production stable, refineries running normally. Government prioritizes uninterrupted fuel supply.
News Desk
