Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb will meet with the Industrial and Commercial Bank of China (ICBC)… Read More
Govt Likely to End Solar Net Metering and Impose Fixed Charges [Updated]
Update: The Power Division has denied the rumors that the net metering policy was ending in Pakistan. In a brief… Read More
SBP’s Credibility on the Line if Interest Rate Stays High Despite Falling Inflation
State Bank of Pakistan (SBP) is at risk of losing all credibility if it still manages to delay easing its… Read More
Govt Planning Upcoming Budget At Rs. 295/$
The federal government has made the decision to base the upcoming fiscal year budget on an exchange rate of Rs.… Read More
Currency in Circulation Down By Rs. 212 Billion So Far in FY24
Cash holdings in Pakistan have declined by Rs. 212 billion in the financial year 2023-24 to date, according to the… Read More
FBR Likely to Increase Service Charges on POS Invoices From July 2024
The Federal Board of Revenue (FBR) has proposed to increase the fee on invoices at the Point of Sale (POS)… Read More
Govt Likely to Further Increase Gas Prices For Fertilizer, Cement Manufacturers Next Fiscal Year
The federal government has shared with the International Monetary Fund (IMF) a plan to substantially increase gas prices next fiscal… Read More
New IMF Loan Program Only Possible After Budget
Discussions between Pakistan’s economic team and the International Monetary Fund (IMF) Mission this week will most likely end without a… Read More
Is Inflation in Pakistan Linked to Exchange Rate Depreciation? SBP Explains
The State Bank of Pakistan in its State of Pakistan’s Economy Report for H1-FY24 admitted that it doesn’t understand why… Read More
Islamabad High Court Orders to Stop Blocking Mobile Phone SIMs of Non-Filers
Islamabad High Court has temporarily stopped the federal government from initiating the nationwide blocking process of SIMs of over 500,000… Read More
IMF Wants Pakistan to Withdraw Incentives For International Investors
The International Monetary Fund (IMF) has recommended that Pakistani authorities withdraw/eliminate all incentives for savings and financial investors in the… Read More
50% RAAST IDs Belong to JazzCash Account Holders
JazzCash Emerges as Key Player in Financial Landscape for 2024… Read More
