Prime Minister Shehbaz Sharif Thursday constituted a committee to resolve the issues of the IT industry. Chairing a meeting regarding… Read More
SBP Reserves Decrease by $245 Million to $5.5 Billion
The foreign exchange reserves held by the central bank decreased by 4.2 percent on a weekly basis, according to data… Read More
ECC Okays Rs. 10 Billion for Liquidity Requirement of PSO
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed the release of Rs. 10 billion budgeted subsidy to… Read More
Pakistan’s Exports Shrink for Fourth Consecutive Month in December
Pakistan’s exports slumped for the fourth consecutive month in December 2022 to $2.304 billion, dropping 3.64 percent compared to the… Read More
National Security Revolves Around Economic Security: NSC
The National Security Committee (NSC) has underscored that comprehensive national security revolves around economic security and that sovereignty or dignity… Read More
Faysal Bank Completes Conversion to Full-Fledged Islamic Bank
Faysal Bank Ltd (FABL) has completed its conversion from a conventional bank to a full-fledged Islamic Bank, with the new… Read More
SBP Reserves Plunge to Lowest Since April 2014
The foreign exchange reserves held by the central bank decreased by over 8 percent on a weekly basis to their… Read More
ECC Approves Supplementary Grants of Over Rs. 1 Billion
The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved technical supplementary grants of Rs. 1.02 billion. Federal Minister… Read More
Govt Forms Committee to Devise Circular Debt Settlement Plan for Gas Sector
Finance Minister Ishaq Dar has formulated a committee on circular debt settlement plan for gas sector companies. According to the… Read More
Pakistan, Etisalat International Set to Settle All Outstanding Issues
Pakistan and e& international (Etisalat International) on Tuesday agreed to proceed ahead for the resolution of all outstanding issues between… Read More
World Bank Approves $1.69 Billion for Flood Relief Projects in Sindh
The World Bank’s Board of Executive Directors has approved $1.692 billion in financing for five projects to support people living… Read More
Current Account Deficit Shrinks to $0.28 Billion in November
Pakistan’s current account deficit decreased by over 85 percent on a year-on-year (YoY) basis to clock in at $0.28 billion… Read More
