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Tomorrow, the Met Office predicts another round of rain for the nation.

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As a result of this weather system, the Met Office reported that from April 24 to April 27, rain is predicted in many parts of Balochistan, with a few heavy falls.

Rainfall will be intermittent between April 25 and April 29 in Peshawar and a number of other areas in Khyber Pakhtunkhwa.

Rainfall will be intermittent between April 26 and 29 in Gilgit-Baltistan and Kashmir.

Rainfall will be intermittent between April 26 and 29 in Punjab and the federal capital of Islamabad. However, from April 26 to 28, rain is expected in the southern Punjab areas.

During such time, isolated locations may also see hailstorms.

Sukkur, Jacobabad, Kashmore, Larkana, Dadu, Qambar-Shahdad Kot, Jamshoro, and Sanghar districts of Sindh are anticipated to have dust and thunderstorms on April 25 and 26, along with little rain.

The local nullahs/streams in Balochistan, particularly those in Noushki, Pishin, Harnai, Zhob, Barkhan, Gwadar, Kech, and Awaran, as well as the districts of Dir, Swat, Chitral, Manshera, and Kohistan in KP and portions of Kashmir, may experience flash floods on April 26 and 27 due to isolated moderate to heavy rainfall.

The 27th and 29th of April could bring hazards due to the possibility of landslides in Upper Khyber Pakhtunkhwa, Murree, Galiyat, Kashmir, and Gilgit Baltistan.

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Business

Pakistan’s gold prices continue to decline.

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The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

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Business

Price of LPG “slashed” by Rs. 20 per kilogram

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Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

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Business

ADB delegation stops by FBR headquarters

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Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

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