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The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. ... October 16, 2023 at 10:34 ...
(Bloomberg) -- Pakistan’s government increased local fuel prices from Friday to meet a key condition set by the International Monetary Fund for reviving its bailout program after talks with the ...
The following table is a list of countries by number of public holidays excluding non-regular special holidays. Nepal and India have the highest number of public holidays in the world with 35 annually. Also, Nepal has 6 day working schedule in a week.
Pakistan holidays are celebrated according to the Islamic or local Pakistani calendars for religious and civil purposes, respectively. Religious holidays such as Eid are celebrated according to the Islamic calendar whereas other national holidays such as Labour Day, [1] Pakistan Day, Independence Day, and Quaid-e-Azam Day are celebrated according to the Gregorian calendar.
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 24 November 2024 Pakistan inflation rate was 4.9% lowest in 6.5 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
21 March – 2023 Afghanistan–Pakistan earthquake, Parts of Afghanistan and Pakistan were hit by a strong earthquake measuring 6.8 on the Richter scale, resulting in casualties and property damage. At least 11 people died in Pakistan, and a total of ten deaths were reported in Afghanistan and Pakistan combined as a result of the earthquake.
The Inland Freight Equalization Margin (IFEM) is a regulatory measure implemented in Pakistan to equalize the price of petroleum products across different regions of the country. [ 1 ] [ 2 ] It includes the costs for refineries to transport crude oil from its source to their facilities, as well as the expenses for Oil Marketing Companies (OMCs ...
"With Delta achieving an all-time record in single-day cash sales last week, management is increasingly confident in its ability to pass 100% of higher fuel costs to fare prices in 2Q22," the ...