The Economic Coordination Committee (ECC) of the cabinet on Tuesday allowed a sovereign guarantee in favor of Sui Northern Gas… Read More
Large Scale Manufacturing Contracts 7.9% in January
The Large Scale Manufacturing Industries (LSMI) output has declined by 4.40 percent during the first seven months (July-January) of the… Read More
SBP Asks PCB to Look Into Involvement of Betting Companies as Sponsors in PSL
The State Bank of Pakistan (SBP) has requested the Pakistan Cricket Board (PCB) to devise a code of ethics for… Read More
SBP Reserves Increase Again to Climb Over $4 Billion
The foreign exchange reserves held by the central bank increased by 13 percent on a weekly basis, according to data… Read More
US Urges Pakistan to Continue Working with IMF on Reforms
The US State Department has urged Pakistan to continue working with the International Monetary Fund (IMF), especially on reforms that… Read More
ECC Sets Wheat Procurement Target of 1.8 Million Tonnes for PASSCO
The Economic Coordination Committee (ECC) of the cabinet on Wednesday assigned a wheat procurement target of 1.80 million metric tonnes… Read More
Roshan Digital Account Inflows Jump to $125 Million in February
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $5.811 billion by the end… Read More
Pakistan’s Public Debt Increases by Rs. 3.9 Trillion in One Month
The total public debt stock of the federal government increased by 29.6 percent on a year-on-year (YoY) basis in January… Read More
ECC Approves Hajj Policy for 2023
The Economic Coordination Committee (ECC) of the Cabinet on Monday approved the Hajj 2023 Policy and agreed to provide foreign… Read More
Pakistan’s Textile Exports Slump to Lowest Since May 2021
Pakistan’s textile exports slumped for the fifth consecutive month on a yearly basis and stood at just $1.2 billion in… Read More
Pakistan Receives $500 Million from Chinese Bank
The State Bank of Pakistan (SBP) on Friday received $500 million from the Industrial and Commercial Bank of China (ICBC),… Read More
Pakistan to Get $1.3 Billion Financing from Chinese Bank in Coming Days: Dar
Finance Minister Ishaq Dar Friday reiterated that the country would not default and blamed former prime minister Imran Khan for… Read More