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Pakistan receives $1.3 billion tranche from IMF

IMF reaches staff-level agreement with Pakistan for $1.2bn tranche

ISLAMABAD (Kashmir English): The International Monetary Fund (IMF) on Friday announced that it had reached a staff-level agreement with Pakistan for the disbursement of about $1.2 billion tranche under the Extended Fund Facility and Resilience and Sustainability Facility. In a statement, the IMF mission chief Iva Petrova said that a staff-level agreement was reached on

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AJK govt announces monthly Petrol, Diesel allowances for officers

Aramco announces discount on price of high-octane petrol in Pakistan

ISLAMABAD (Kashmir English): Saudi Arabia’s leading energy company, Aramco, has announced a major relief to consumers in Pakistan by significantly reducing the price of high-octane petrol at its petrol pumps. The company has said that the citizens can buy high-octane at a reduced price of Rs 410 per liter, instead of Rs 610 per liter. This

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Fact Check: Diesel and Petrol price reduced in Pakistan?

Petrol subsidy app in testing phase, says federal government

ISLAMABAD (Kashmir English): The federal government has started preparing an application to provide petrol subsidy, which is currently in the testing phase. On the instructions of the federal government, the Ministry of Information Technology (IT) has developed an Petrol subsidy app to provide petrol subsidy, which is currently in the testing phase. According to sources,

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