'Transitioning to electric vehicles will reduce travel expenses. Advancements in technology & infrastructure are making electric vehicles more efficient & affordable, offering a cost-effective option for commuters & travelers.' Ali khizar

#FutureofEnergy

'The power sector circular debt cannot be ended without privatization in the energy sector' Monis Alvi, CEO KE

Ali Pervaiz Malik is likely to become State Minister of Finance & Revenue, with an additional charge of Power.

Industry may not get reduced power tariffs, as IMF is not at all in a mood to cater for elite interest groups.

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The IMF’s latest country report has a special focus on external account assessment within its emphasis on the exchange rate to act as a buffer for shocks and emphasizes refraining from restrictions on any imports. The report also mentioned that the removal

Interestingly, the story broke by BR is back in news.
brecorder.com/news/40292952

These are pertinent questions need to be addressed

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Reportedly, the IMF expects FBR tax revenues to grow by over 30% in the upcoming fiscal year (FY25).

It is nearly impossible to achieve tax growth twice that of nominal GDP growth, which is anticipated to be around 15-16% (comprising 12-13% inflation and

'We (I and Dar sb) are absolutely on the same wavelength '

Auri

“A mission team led by Nathan Porter, IMF’s Mission Chief to Pakistan, will meet with authorities next week to discuss the next phase of engagement. The aim is to lay the foundation for better governance and stronger, more inclusive, and resilient economic growth that will

A brokerage house CEO is likely to join soon as a CEO of Pakistan's largest AMC (asset management company - Mutual Fund)

Jazz management team has hinted about listing at PSX

The core Objective is to not raise capital (as they have other avenues); but to build brand and provide opportunity for consumers to become investors

PS: Growth is envisaged in verticals which are beyond telecom

IMF team is expected to arrive this weekend for a couple of weeks.

The plan is likely to outline the new programme which should then reflect in the budget.

The negotiations are likely to be tough, which will make it difficult for the govt to provide relief to either the

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The recent data points and trends suggest that inflation is likely to come down at a faster pace than expected. This is in stark contrast to last year when the inflation hike exceeded expectations.

The State Bank of Pakistan (SBP) was behind the curve in

Sri Lanka's central bank has reduced the policy rate by 50 bps to 8.5-9.5% due to falling inflation.

SBP ka sabin slow hai

At a time when car assemblers are slashing prices of certain price range cars, there is 'on' on specific cars -
such as there is premium people on charging for instant delivery on Haval, Santa Fe and Alto.

Supply and demand is driving this.

The car in demand is having

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The headline is that the headline inflation is finally below 20%. It stood at 17.3% for April 24 – the lowest since May 22. Twenty percent plus inflation for the last two years tells a lot about the misery the common man went through in managing the

Inflation is finally below 20%
April update
CPI Inflation 17.3%
Monthly decline 0.4%
Food inflation in single digit - 9.7%
Core inflation - urban (13.1%), rural (19.3%)
Wholesale price inflation - 13.9%
10MFY24 average - 26.0%

Cars price war

Recently, Toyota, Honda, Kia, and Suzuki have decreased prices of some of their cars. The biggest decrease is in Kia Stonic (by 24%) followed by Suzuki Swift GLX CVT (by 13%) and then Toyota Yaris 1.3 CVT (by 3%) and Honda City CVT (by 3%).

Interestingly, all

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Pakistan’s socioeconomic priorities need to change to adapt to the modern economic structures. The country missed the chance to grow in the past thirty years and to shift gears, we must change our thinking. Something similar is emphasized by the World