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Articles for tag: Bank, Disorders, financial, midst, Pakistan's poverty reduction has stopped in the midst of financial disorders: World Bank, Pakistans, Poverty, reduction, Stopped, world

September 23, 2025

News Desk

Pakistan’s poverty reduction has stopped in the midst of financial disorders: World Bank

Pakistan’s sharp decline in poverty has stopped in recent years due to economic vibrations and the lack of structural reforms, the World Bank said on Tuesday. The international lender said that between 2001 and 2015, a wave of urbanization helped reduce the national poverty rate from 64% to 22% by 2019, as agricultural workers were transferred to informal urban jobs in areas such as transport, construction and trade. However, this progress has since slowed down, with poverty rising to 25% by 2024. “The development model that supported the initial decline in poverty has proved inadequate to maintain progress,” said a

September 18, 2025

News Desk

American Fed makes the first reduction of interest rate 2025 for employment risks

WASHINGTON: The US Federal Bank on Wednesday reduced interest rates for the first time this year, pointing out the slower profits from work and employment risks, as policy -makers are facing increased pressure under President Donald Trump. The Fed cut the reference rate by 25 basis points in a series of 4.0 % and 4.25 %, while the pencil in two more possible cuts this year. Fed President Jerome Powell stressed that the Central Bank remains “strongly committed” to maintaining its independence by politics when asked about adding a key adviser to Trump between its ranks this week. He added

August 8, 2025

News Desk

The team proposes a reduction in corporate tax, a refund in 72 hours

Listen to the article Islamabad: Industrial Policy Committees have proposed to reduce the tax rate of companies and to introduce a 72 -hour money refund system. At a high -level meeting in Pakistan’s industrial policy, sub -entities for tax rationalization and export boosting reforms are recommended to attract investment and boost exports. The meeting was chaired by Prime Minister’s Special Assistant (SAPM) for industries and production, Haroon Akhtar Khan and watched Prime Minister Rana Ehsan Afzal, federal revenue officials and other key members. One of the main recommendations was to gradually reduce the income tax rate from 29% to 26%

July 22, 2025

News Desk

Bullish Momentum returns to PSX in the midst of optimism of reform, hopes of interest rate reduction

Broker is busy with Pakistan’s Stock Exchange (PSX) on Wednesday 18 June 2025. – PPI The stock market increased on Tuesday, as investor feeling was reinforced with high -level financial stability assurances, policy -making expectations and strong corporate profits. The Pakistani Stock Exchange (PSX) reference index rose to an intra-admirable high of 139.901.77, earning 1,684.19 points or 1.22%, before falling to a low of 138,197.81, below 19.77 points or 0.01%. “Stocks negotiating at a new meeting of all time after business leaders with Field Marshal Munir assured the army’s support for financial progress,” said Ahsan Mehanti, CEO and CEO of

May 14, 2025

News Desk

Car sales increased in the reduction of the policy interest rate

Listen to the article Karachi: Sales of passenger cars increased by 32.2% to 83,269 points during the first 10 months of current year compared to the same period last year due to the fall of the interest rate announced by the Pakistani Bank (SBP) and the improved buyer. According to data published by the Pakistani Car Manufacturers Association (PAMA), sales of all vehicles, including two, three and four wheels, increased, while sales of agricultural tractors declined. Jeep-Cum-Pickups increased by 69% to 28,063 points. At the same time, truck and bus sales increased by 88.8% to 3,261 points and by 68.6%

May 1, 2025

News Desk

Reduction of gasoline by RS2 per liter for the next fortnight as global oil markets

The new fuel price list that appeared after rising oil prices in Islamabad on January 29th 2023. – App Movement follows adjustments to global oil prices, the stability of exchange rates. After cutting, gasoline sold in RS252.63 per liter, below Rs254.63. HSD now costs RS256.64 per liter, compared to the previous RS258.64. ISLAMABAD: In an effort to provide consumers relief, the federal government on Wednesday reduced the prices of the diesel engine and diesel oil spill (HSD) by RS2 per liter for the next fifteen days, amid subtle international oil markets. Oil prices expanded reductions on Wednesday and set for

April 21, 2025

News Desk

The collapse against studies leads to a reduction of 84% in Afghanistan’s transit trade

A general view of border position in Torkham between Pakistan and Afghanistan. – Reuters/file Bilateral goods increases by $ 27% to $ 1,575 billion in July -March. The load forward by 64%, reducing to $ 809 million. The reverse load is also reduced by 46% to record to $ 50 million. Islamabad: Although the trade ties between Pakistan and Afghanistan show signs of revival, the Afghan transit trade through Pakistan has collapsed by 84% after Pakistan’s sweeping collapse, The news Reported on Monday The latest figures from the Customs Department reveal that bilateral trade in goods has increased by 27%

March 30, 2025

News Desk

Govt pursues Rs1.71 per unit reduction of electricity price

Representative image showing electric grids. – pixabay The request for the reduction applies to all distribution companies. Life’s domestic consumers should not be covered by this adjustment. Govt is seeking subsidy for three months to improve electricity demand. ISLAMABAD: The Federal Government formally made a request to the National Electricity Authority (NEPRA) which seeks a reduction in RS1.71 per unit in electricity prices. According to the report, the proposed reduction in the power invoice will be implemented by increasing tariff grants. The request recommends that the reduction in all distribution companies, including K-Electric, apply for the period from April to

March 8, 2025

News Desk

Analysts predict the seventh reduction rate amid low inflation

Listen to the article Karachi: Most analysts provide on Monday a seventh consecutive interest rate from Pakistan’s Central Bank, amid the first International Monetary Fund (IMF) review of $ 7 billion during the lower inflation in almost a decade. The Nation of South Asia, which has been linked to cash could unlock a further funding installment if the IMF review was approved prior to the presentation of the June budget, as it seeks the financial reforms assigned by the IMF program. The Central Bank’s relaxation cycle, one of the most aggressive among emerging markets, follows a series of interest rates

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