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ISLAMABAD: The International Monetary Fund (IMF) has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to sit together and find a way forward for financing the Pakistan Remittances Initiative (PRI) – a scheme for facilitating remittances through formal channels. This was revealed by the finance secretary,
KARACHI: Pakistani rupee registered slight gain against the US dollar, appreciating 0.02% in the inter-bank market on Tuesday. At close, the currency settled at 284.67, a gain of Re0.05. On Monday, the currency settled at 284.72. Globally, the US dollar hovered near a three-week high versus major peers on Tuesday
ISLAMABAD: In a positive development, the government of the United Kingdom (UK) on Tuesday introduced e-Visas for Pakistani students and workers as part of an “improved” border and immigration system. “Most of main applicants travelling to the UK on study or work-related visas will no longer need a physical sticker
ISLAMABAD: Petrol and diesel prices in Pakistan are expected to increase by up to Rs6.60 (2.5 percent) per litre for the next 15 days starting from July 16, 2025, according to an estimate of the petroleum industry. The estimated increase includes Rs6.60 per litre increase in petrol and Rs5.27 per
