Federal Minister for Finance Senator Muhammad Aurangzeb chaired the meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at the… Read More
Late Recovery Sees PSX Gain 30 Points After Largely Trading in Negative Zone
The 100-Index of the Pakistan Stock Exchange (PSX) gained 30.18 points on Friday to close at 85,483.40 points. A total… Read More
IMF Projects Pakistan’s Gross External Financing Needs at $18.8 Billion for FY25
The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813 billion for the current fiscal year… Read More
ECC Allows Additional Export of 500,000 MT Surplus Sugar
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the meeting of the Economic Coordination Committee (ECC) of the… Read More
Masood Textile Mills Raises Rs. 2 Billion From Sukuk Issue for Debt Repayment
Masood Textile Mills Limited (PSX: MSOT) has successfully completed the Sukuk issue of Rs. 2,000 million carrying a rental rate… Read More
Gold Rate in Pakistan Posts Big Increase After Multiple Falls
The price of gold in Pakistan posted a significant increase on Friday to close above the Rs. 273,000 per tola… Read More
Rupee Halts 4-Day Losing Streak Against US Dollar to End Big Week
The Pakistani rupee (PKR) posted small gains to end big week against the US Dollar (USD) after opening trade at… Read More
Govt to Impose 7 New Taxes Even If It Misses FY25 Revenue Target By 1%
The federal government has agreed with the International Monetary Fund (IMF) to take new seven taxation measures during 2024-25 in… Read More
IMF Expects Pakistan’s External Debt to Cross $128 Billion in 2024-25
The International Monetary Fund (IMF) has projected Pakistan’s external debt to reach $128.228 billion in 2024-25 up from $124.828 billion… Read More
Australia to Provide Pakistan AUD 3 Million for Water Project
After the approval of the Federal Minister for Economic Affairs Ahad Cheema, Secretary Economic Affairs Dr Kazim Niaz signed a… Read More
Share of Digital Payments in Retail Space Hits 84%
The State Bank of Pakistan (SBP) has released its annual report highlighting the significant advancements in the national payment ecosystem… Read More
PSO Likely Beneficiary of Ongoing HUBCO Contract Termination
The ongoing premature termination of the Hub Power Company Limited’s (PSX: HUBC) contract with the federal government will likely help… Read More
