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CRISP Program: Pakistan, World Bank set to Collaborate

In a collaborative effort, Pakistan is set to engage with the World Bank to secure an additional financing of $250 million for the Competitive and Livable City of Karachi (CRISP) Program. This strategic collaboration...

FBR Commits to IMF: Pledges to Increase Taxes on Digital Markets

In a significant development, the FBR commits to the International Monetary Fund (IMF) that it will undertake measures to raise taxes on digital markets during the fiscal year 2024. This commitment is part of...

Walee takes over Operational Management of Snack Video Pakistan

WALEE, MENAP's largest creator economy player, is thrilled to announce a landmark strategic move - the take over of operating rights for the Snack Video platform in Pakistan. This take over not only strengthens...

PTA Amends SOPs for the Sale of Mobile Phones and SIMs

In a recent regulatory update, the Pakistan Telecommunication Authority (PTA) amends the SOPs governing the sale of mobile phones and SIMs. This revision is part of the regulatory body's ongoing efforts to enhance transparency,...

Mobile Phone Imports in Pakistan Surge by Almost 120%

In a remarkable economic development, the mobile phone imports in Pakistan has witnessed an impressive surge of nearly 120% during the first half of the fiscal year 2024. This substantial increase in mobile phone...

Pakistan Tells IMF of Intent to Increase Key Interest Rate

In a recent communication with the International Monetary Fund (IMF), Pakistan Tells IMF its intention to raise the key interest rate should there be a simultaneous occurrence of rupee depreciation and a surge in...

Pakistan Assures IMF of Maintaining a Market-Determined Rate

In a recent development, Pakistan assures IMF of its dedication to maintaining a market-determined exchange rate. This commitment is a significant aspect of the ongoing collaboration between Pakistan and the IMF, aiming to stabilize...

Pakistan’s Textile Exports Decline by 5% in First Half of FY24

In a noteworthy economic development, Pakistan's textile exports have observed a decline of 5% in the first half of the fiscal year 2024. This decrease, as reported by industry analysts, raises concerns and calls...
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