Pakistan is planning to issue its debut green bond next week to raise $500 million, Bloomberg reported on Friday. This… Read More
Rupee Slides Even Further Against the US Dollar 4th Day in a Row
The Pakistan Rupee (PKR) is continuing its downslide against the US Dollar for the fourth day in a row. ALSO… Read More
Finance Minister Proposes New Reforms for Taxpayers
Finance Minister, Shaukat Tarin, aims to include tax reforms in the coming budget that are progressive and reduce the need… Read More
Government Auctions T-Bills for Rs. 575.3 Billion
The Government of Pakistan raised Rs. 575.3 billion through the auction of treasury bills (T-bills) on Wednesday. The trend of… Read More
WAPDA is Highly Dependent on Government Support: Moody’s
Moody’s Investors Service published a periodic review of Pakistan’s Water and Power Development Authority (WAPDA) and other ratings associated with… Read More
Rupee Posts Huge Losses Against the US Dollar Third Day in A Row
The Pakistan Rupee (PKR) continues to slide down against the US Dollar for the third day in a row after… Read More
Saudi Arabia to Resume Deferred Oil Facility to Pakistan
Saudi Arabia has agreed, in principle, to resume deferred oil facility to Pakistan. The facility will be $3 billion per… Read More
Wyeth Pakistan Announces to De-List from PSX
Wyeth Pakistan Ltd, a pharmaceutical company listed on the Pakistan Stock Exchange (PSX), announced that its parent company, Wyeth LLC,… Read More
CCOP Reconsidering Sale of Pakistan Petroleum and OGDCL
The Cabinet Committee on Privatization (CCOP) has started re-considering divestment of Pakistan Petroleum Limited (PPL) and Oil and Gas Development… Read More
Govt Announces New Profit Rates for National Saving Scheme Certificates
The government has announced new profit rates on the National Saving Schemes effective from 10 May 2021, according to a… Read More
LHC Dismisses Petition to Delay Discontinuation of Prize Bonds
A set of petitions filed against the federal government’s decision to discontinue prize bonds of Rs. 7,500 was dismissed by… Read More
FBR Given Tax Collection Target of Rs. 357 Billion for May 2021
The Minister for Finance, Shaukat Tarin, has assigned a revenue collection target of Rs. 357 billion for May 2021 to… Read More
