Tag: Economic Relief
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Govt may cut petrol price by more than Rs10 per litre
The government is poised to provide significant relief by potentially reducing petrol and diesel prices by Rs13 and Rs15 per litre, respectively, in the upcoming fortnightly pricing update.
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Islamabad’s public transport fares reduced by 10%
With immediate effect, public transport fares in Islamabad have been reduced by 10 per cent in direct response to the recent decline in petroleum prices.
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IMF’s ‘yes or no’ decision nears on relief for electricity bills
In the midst of extensive protests regarding soaring electricity charges, the interim government has reportedly devised a strategy aimed at alleviating the financial burden on electricity consumers in the country.
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Painful IMF compliance, but no new taxes on agriculture and real estate, clarifies Dar
Finance Minister Ishaq Dar made a resolute declaration on Thursday, assuring the public that the coalition government, despite having taken stern measures that burdened the masses, has no intentions of imposing additional taxes on the agriculture and real estate sectors.
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IMF reaches $3 billion stand-by arrangement with Pakistan, averting impending default
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on a stand-by arrangement worth $3 billion, announced the lender. This decision has been eagerly anticipated by Pakistan, a South Asian nation that is on the verge of default.