Prime Minister Imran Khan said that the implementation of the Pakistan Single Window (PSW) will bring $500 million in annual… Read More
NAB Helps PPL Recover Nearly A Billion Rupees
Pakistan Petroleum Limited (PPL) has received Rs. 903.218 million from the National Accountability Bureau (NAB) against outstanding receivables from Byco… Read More
Pakistan Seeks IMF’s Leniency Amidst the Third Wave of the Pandemic
The International Monetary Fund (IMF) held discussions with officials from the Government of Pakistan on the state of the country’s… Read More
Rupee Posts Gains Against the US Dollar 5th Day in A Row
Pakistani Rupee continued its appreciation against the US dollar for the fifth day in a row. The Rupee closed at… Read More
Deposits in Pakistan Banks Grew by 18% in Q1 2021
Deposits of Pakistan banks have grown by 18 percent year on year (YoY) to Rs. 17.9 trillion in 1Q2021 as… Read More
Pakistan is Exhibiting Strong Economic Indicators During 3rd Covid-19 Wave: Baqir
State Bank of Pakistan (SBP) Governor, Dr. Reza Baqir, said that Pakistan is entering the third wave of coronavirus with… Read More
Rupee Posts Gains Against the US Dollar 4th Day in A Row
Pakistani Rupee appreciated the entire week against the US dollar after opening with a loss on Monday. The Rupee closed… Read More
KE Hints at Increasing Electricity Bills Starting From Ramzan
K-Electric (KE) has announced that the enhanced use of re-gasified liquefied natural gas (RLNG) will cost an additional Rs. 18… Read More
Govt Documents Rs. 60 Billion Worth of Rs. 25,000 Bonds to Meet FATF’s Demands
In order to comply with one of the conditions of the Financial Action Task Force (FATF), the federal government has… Read More
SBP’s Foreign Reserves Surge to Highest Level in 4 Years
Pakistan received inflows amounting to $2.5 billion on Thursday evening as proceeds of recently launched Eurobonds. The State Bank of… Read More
IMF Report Applauds COVID-Shock Responses by Pakistani Government
The report released by the IMF over the completion of the second through fifth reviews of the Extended Arrangement under… Read More
IMF Report Details Pakistan’s Fiscal Policy Considerations Going Forward
In March 2021, the Executive Board of the International Monetary Fund (IMF) completed the combined second through fifth reviews of… Read More
