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In a move that caught many analysts off guard, the State Bank of Pakistan (SBP) kept its key policy rate unchanged at 11% on July 30, 2025. The central bank’s decision came amid easing inflation and growing calls for further cuts to support economic recovery. However, concerns over energy prices and future inflation risks appear …
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The government has introduced a comprehensive policy to promote electric vehicles (EVs), aiming to reduce carbon emissions and stimulate green innovation. Officials believe the policy will bring long-term benefits for the environment, economy, public health, and industry. Cleaner Mobility, Cleaner Future Muhammad Saleem Shaikh, spokesperson for the Ministry of Climate Change and Environmental Coordination, announced …
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Pakistan’s Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged at 11 percent, emphasizing monetary stability amid emerging economic risks and steady growth. The committee made this decision in response to rising inflation, external pressures, and budgetary challenges ahead of FY26. Inflation and Growth Outlook Inflation rose to 3.5 percent in May, …
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At the Artificial Intelligence Action Summit in Paris, Fei-Fei Li, a leading AI researcher from Stanford University and founder of World Labs, called for balanced AI governance. She stressed the need to base policies on scientific reality rather than sensationalism, urging leaders to support a diverse AI ecosystem rather than concentrating power in a few …
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New Zealand recently made an announcement regarding the Residency visa situation for doctors and nurses. New Zealand stated that it will give immediate residency visa to immigrant doctors and nurses. Nation’s immigration minister, Michael Wood also mentioned that this changed policy will be implemented on the 15th of December in 2022. Moreover, Michael Wood suggested …
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