FLASHNEWS:

Day: September 27, 2024

IMF Sanctions $7 Billion Loan to Bolster Pakistan’s Economy

Islamabad: The International Monetary Fund (IMF) has sanctioned a $7 billion loan to aid Pakistan’s economy, focusing on crucial reforms aimed at enhancing economic stability and growth. This funding, approved on Tuesday, is intended for a three-year e…

Federal Minister Assesses Progress at Sky Gardens Housing Project

Islamabad: Federal Minister for Housing and Works Mian Riaz Hussain Pirzada conducted an inspection of the Sky Gardens housing project on Thursday to evaluate its infrastructural developments. This visit highlights the government’s commitment to enhanc…

Development Scheduled for Kings Town Phase 2’s Block B

Lahore: Al Kabir Developers has outlined imminent commencement plans for development in Block B of Kings Town Phase 2. The company, having recently indicated upcoming map releases and surcharge waivers, seeks to push forward with construction efforts. …

SBP Reports $24 Million Increase in Foreign Exchange Reserves

Karachi: The State Bank of Pakistan (SBP) experienced a $24 million rise in its foreign exchange reserves over the past week, with total reserves reaching $9.53 billion as of September 20. This incremental growth contributed to the broader stability of…