Business
According to Aurangzeb, the SBP can further cut interest rates in November.
October 23, 2024
According to Aurangzeb, the SBP can further cut interest rates in November.
“For the third consecutive meeting, SBP has lowered its benchmark interest rate by 450 basis points, from a record 22%…
Pakistan solicits an additional $2 billion from the IMF for climate finance.
October 22, 2024
Pakistan solicits an additional $2 billion from the IMF for climate finance.
International Monetary Fund (IMF) Deputy Managing Director Kenji Okamura met with Pakistan’s economic delegation, headed by the finance minister, at…
PSX reaches an all-time high as the KSE-100 Index surpasses 86,000 points.
October 22, 2024
PSX reaches an all-time high as the KSE-100 Index surpasses 86,000 points.
The Pakistan Stock Exchange (PSX) has achieved a significant milestone, as the benchmark KSE-100 Index has attained an unprecedented peak.…
In three months, Pakistan’s IT exports increased by 33.54 percent.
October 22, 2024
In three months, Pakistan’s IT exports increased by 33.54 percent.
During the first three months of FY 2024-25 (July to September), Pakistan’s IT export remittances hit US$ 876 million, a…
The Green Tractor program garnered almost 1.5 million applications.
October 21, 2024
The Green Tractor program garnered almost 1.5 million applications.
Over a million applications have been submitted to the Punjab government under the Green Tractor Program, which was made available…
Pakistan “asks” the IMF for an additional $2 billion climate fund.
October 21, 2024
Pakistan “asks” the IMF for an additional $2 billion climate fund.
The proposal will reportedly be made by Finance Minister Muhammad Aurangzeb during the annual IMF meetings later this month, according…
SBP reserves surge above $11bn, highest in 30 months
October 18, 2024
SBP reserves surge above $11bn, highest in 30 months
The country possessed $16.11 billion in liquid foreign reserves overall, according to a statement from the central bank. Commercial banks…
Final settlement: Govt to pay five IPPs Rs 72 billion.
October 17, 2024
Final settlement: Govt to pay five IPPs Rs 72 billion.
On October 10, Prime Minister (PM) Shehbaz Sharif declared that the agreements with five IPPS would be terminated in the…
Pakistan’s new country director is appointed by ADB
October 15, 2024
Pakistan’s new country director is appointed by ADB
According to an ADB press statement released here, Ms. Fan will manage ADB’s operations in Pakistan as Country Director, including…
FBR begins pursuing tax evaders.
October 15, 2024
FBR begins pursuing tax evaders.
The Chief Financial Officer of a well-known battery company has been placed under arrest for his suspected involvement in a…