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IMF Projects Pakistan’s Economy to Grow by 3.5% in FY25

The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2 percent for the current fiscal year 2024 compared to -0.2 percent in fiscal year 2023, and projected decline in inflation from 29.2 percent to 24.8 and unemployment…

PSX to Switch Regular Market Symbols to One Share Lot

The Pakistan Stock Exchange (PSX) has notified investors that all regular market symbols which are currently traded in lot sizes of 20, 50, 100, and 500 shares, shall be converted into lot size of ONE Share and these symbols shall be discontinued in …

Govt Announces Increase in Prices of Petrol and Diesel

The federal government has announced an increase in the prices of petroleum products.

According to a notification issued by the finance ministry, the price of petrol has been increased by Rs. 4.53 per liter to Rs. 293.94, while the price of high-spe…

FBR Revises Customs Value On Import of Submersible Motors

Directorate General of Customs Valuation Karachi has taken steps to control under-invoicing on the import of ‘Submersible Motors’ from China, Europe, and other origins.

The Directorate has issued a new valuation ruling number (1869 of 2024). The new…

Petrol, Diesel Prices Likely to Increase Tonight

MS petrol and High-Speed Diesel (HSD) prices are expected to rise sharply today despite the international oil market’s neutral reaction to the surprise Iran strike on Israel last week.

The new federal government is expected to hike the price of petr…

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