In a major diplomatic and economic development, the International Monetary Fund (IMF) has approved a $2.4 billion loan package for Pakistan, consisting of two segments: a $1 billion tranche under the Extended Fund Facility (EFF) and a newly sanctioned $1.4 billion under the Resilience and Sustainability Facility (RSF). This critical approval comes despite India’s attempts […]
Tag: Economic news Pakistan
Gold Prices Surge in Pakistan Amid Global Economic Concerns
The gold market in Pakistan saw a significant surge on Tuesday, driven by rising international prices and economic uncertainties. The price of gold per tola skyrocketed by Rs4,800, reaching an all-time high of Rs306,300 in the local market. Similarly, the price of 10-gram gold increased by Rs4,115, bringing it to Rs262,602, as reported by the […]