Pakistan to Present 6th Review to IMF Board Next Month
The government of Pakistan will present the sixth review of the authorities’ reform program supported by the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) on 12 January 2022.According to a spokesperson for the Ministry of Finance, Pa…
Pakistan’s First On-Demand Delivery Service Raises Investment
Pakistan’s first on-demand delivery marketplace, Batoor, has raised an undisclosed amount in pre-seed funding from Astore Partners.Based in the small village of Shahmansor, Swabi, Batoor was launched in January 2019 by Sanad Khan with only a meager sum…
Rupee Finally Breaks Its Record-Breaking Streak Against the US Dollar After US Good News
The Pakistani Rupee (PKR) posted minimal gains against the US Dollar (USD), appreciating three paisas to stand at Rs. 178.12 against the greenback in the interbank market today. It hit an intra-day low of Rs. 178.65 against the USD during today’s open …
Jazz Tops PTA Complaint Charts Yet Again
Data from the Pakistan Telecommunication Authority (PTA) has revealed that Jazz leads the chart with 6,407 complaints, followed by Telenor as the second-most complaint about telecommunications operators with 5,149 complaints.Zong was third with 2,701 c…
Senate Chairman Urges Saudi Businessmen to Invest in Pakistan
Chairman Senate Muhammad Sadiq Sanjrani in his meeting with the Chairman of Shura Council of Saudi Arabia on Thursday urged the Saudi businessmen to take advantage of the investment-friendly opportunities in Pakistan.A high-profile parliamentary delega…
SBP Responds to FIA Crackdown on Credit Cards Used for Cryptocurrency Trading
The State Bank of Pakistan (SBP) has stated that the Federal Investigation Agency (FIA) is the appropriate authority to investigate illegal transactions in cryptocurrencies.Responding to queries raised by ProPakistani, an SBP spokesperson said in case …