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Minimum wage in Pakistan Most countries in the world have minimum wage law. Minimum wage law enforces an employer to pay the minimum amount of money to an employee set by the government. Pakistan also has minimum wage law. Pakistan minimum wage is set every year on the budget day, 6th of June. Pakistan’s current…

State Bank of Pakistan has decreased the interest rate from 8.0% to 7.0%. This is the lowest interest rate in the history of Pakistan. Last time record low interest rate was during the times of President Musharraf 2003-2005. According to the State Bank of Pakistan, this decrease in interest rate is due to the decrease…

Pakistani celebrity homes Where do celebrities live in Pakistan? A Celebrity Historically, only kings, queens, lords and generals were considered as the celebrities. But this trend changed in the 16th& 17th centuries, when doctors, engineers and artists emerged as the new celebrities. The 18th & 19th centuries saw great technological advancements. Inventors and scientists emerged…

Gwadar is jewel of the world Gwadar is jewel of the 21st century world due to it’s strategic location & importance. Historically, the first city to be called as the jewel of the world was Cordoba or Qurtaba, the 10th century capital of Umayyad Empire of Spain. Cordoba surpassed the rest of the world in…

State Bank of Pakistan cuts interest rate by 1.0 percent Today, State Bank of Pakistan cuts interest rate by 1.0 percent. Now discount rate by the State Bank of Pakistan is 8.50 percent. According to the Governor of the State Bank of Pakistan, Ashraf Wathra, this lower rate is due to the declining inflation rate…