Business

Today, SBP will reveal the new policy rate.

Today, SBP will reveal the new policy rate.

The SBP’s Monetary Policy Committee is anticipated to lower policy rates by two to three percent, based on the specifics.…
WB approves a $240 million loan for Pakistan to upgrade the water and sewer systems in Karachi.

WB approves a $240 million loan for Pakistan to upgrade the water and sewer systems in Karachi.

The second phase of enhancing Karachi’s water and sewerage facilities will be funded by a $240 million loan granted by…
The economy of Pakistan is heading towards stability.

The economy of Pakistan is heading towards stability.

According to the fourth-quarter survey of the Ipsos Global Consumer Confidence Index, Pakistan’s economy has improved over the past 12…
The PSX 100 index crosses 113,000 points, marking a historic milestone.

The PSX 100 index crosses 113,000 points, marking a historic milestone.

The historic 113,213-point milestone has been surpassed for the first time by the Pakistan Stock Exchange (PSX), setting a new…
Pakistan’s business confidence has increased, according to the OICCI poll.

Pakistan’s business confidence has increased, according to the OICCI poll.

Business confidence has improved by 9% (pc), according to the study, but the overall indicator is still negative at -5…
The Privatization Commission Act is being amended by the federal government.

The Privatization Commission Act is being amended by the federal government.

The bill has reportedly been sent to the appropriate standing committee for examination. The transfer of important commission-related authority from…
ADB authorizes a $200 million loan for Pakistan to upgrade its power distribution system.

ADB authorizes a $200 million loan for Pakistan to upgrade its power distribution system.

A $200 million loan from the Asian Development Bank (ADB) has been authorized to update Pakistan’s power distribution system. The…
The US currency dominates the interbank market for the Pakistani rupee.

The US currency dominates the interbank market for the Pakistani rupee.

On the interbank exchange, the dollar is currently trading at Rs278.15, indicating a minor increase in value. The average exchange…
Delays affect more than $4 billion in foreign-funded energy projects.

Delays affect more than $4 billion in foreign-funded energy projects.

Problems with contracts, equipment purchases, and land acquisition are causing delays in a number of energy projects financed by foreign…
New regulations about importing items from overseas are issued by the FBR.

New regulations about importing items from overseas are issued by the FBR.

The Federal Board of Revenue (FBR) has outright prohibited the commercial importation of items under the guise of gifts or…
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