The government will approach the International Monetary Fund regarding a plan to shift the electricity tariff reset to January – Trendy Blogger

The government will approach the International Monetary Fund regarding a plan to shift the electricity tariff reset to January

 – Trendy Blogger

The Pakistani government has decided to formally notify the International Monetary Fund of its plan to change annual electricity tariffs from July to January, a move aimed at easing financial pressures on consumers during the peak summer months. The amendment comes as part of broader efforts to address public dissatisfaction over rising electricity costs, which … Read more

Pakistan’s remittances exceed exports in first half of fiscal year 2024-25, reflecting shift in foreign inflows – Trendy Blogger

Pakistan’s remittances exceed exports in first half of fiscal year 2024-25, reflecting shift in foreign inflows

 – Trendy Blogger

Remittances from overseas Pakistanis exceeded export earnings during the first half of fiscal year 2024-25, highlighting a shift in foreign exchange inflows despite the government’s efforts to boost exports. According to data issued by the State Bank of Pakistan, remittances amounted to $17.645 billion, exceeding exports of $16.561 billion, a difference of $1.084 billion. In … Read more