Baluchistan Glass Limited (PSX: BGL) has completed the issuance of 376.9 million ordinary shares to its holding company M/s MMM… Read More
IMF Talks: FBR Rules Out Mini Budget to Cover Rs. 601 Billion Tax Shortfall
The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that there will be no mini-budget to… Read More
SBP Makes Collateral Pledging Mandatory for Islamic Banks Under Mudarabah-Based Facilities
The State Bank of Pakistan (SBP) made it mandatory for Islamic banking Institutions (IBIs) to pledge collateral for availing Sharia-compliant… Read More
International Oil Prices Drop to 3.5-Year Low
Global oil benchmark Brent crude futures fell below $68 a barrel on Thursday for the first time in nearly three… Read More
Govt Changes Pension Calculation Method
The federal government has introduced some big pension reforms by changing the calculation method and restricting multiple pensions. Pensions will… Read More
IMF Likely to Lower Pakistan’s Tax Collection Target for the Current Fiscal Year
The International Monetary Fund (IMF) is likely to revise down Pakistan’s revenue collection target to Rs. 12,480 billion in the… Read More
Govt Appoints Bilal Bin Saqib As Chief Advisor to Finance Minister on Crypto Council
The Government of Pakistan has appointed Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the… Read More
Payoneer, Meezan Bank Launch International Payment System for Small Businesses
Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and… Read More
IMF to Negotiate Electricity and Gas Tariffs Today As Review Talks Heat Up
The International Monetary Fund (IMF) review mission under Nathan Porter’s leadership will have discussions with the Ministry of Energy today… Read More
Public Accounts Committee Unhappy With Foreign Loan Repayment Strategy
The Public Accounts Committee (PAC) is unhappy with Pakistan’s foreign loan repayment system, summoned the Finance Ministry for a detailed… Read More
International Coal Prices Drop to 4-year Low
International coal prices have dropped to a four-year low, according to Bloomberg data. International coal prices (Richards Bay) have dropped… Read More
Pakistan Likely to Unlock $1 Billion IMF Tranche
Pakistan will likely clear the first review of its $7 billion loan program with the International Monetary Fund (IMF) and… Read More
