The State Bank of Pakistan (SBP) bought $3.8 billion from the interbank market in June-October 2024 to increase forex reserves… Read More
IMF to Finally Reveal Bailout Review Date After Breakthrough in Sindh Agriculture Tax Law
President Asif Ali Zardari and Deputy Prime Minister Ishaq Dar brokered a breakthrough behind the scenes to make the Sindh… Read More
Donald Trump’s Trade War With China May Shift Export Orders to Pakistan: Report
Given the trade wars and tariffs imposed on China by the USA, export orders are expected to be redirected toward… Read More
IT Ministry Seeks Rs. 43.6 Billion Development Budget for Next Fiscal Year
The Ministry of IT & Telecom has drafted initial proposals for its federal Public Sector Development Program (PSDP) budget for… Read More
Public Accounts Committee Resolved Only 12% of 41,700 Audit Objections in 14 Years
The Public Accounts Committee (PAC) of the National Assembly reviewed 41,700 audit objections over the past 14 years but managed… Read More
Millat Tractors to Challenge FBR’s ‘Illegal’ Rs. 18 Billion Sales Tax Liability
Millat Tractors Limited (PSX: MTL) has decided to challenge the Federal Board of Revenue’s (FBR) order of Rs. 18 billion… Read More
MSCI Likely to Add 6 More PSX Companies to its Indices This Month
Morgan Stanley Capital International (MSCI) is expected to add 6 more stocks from the Pakistan Stock Exchange (PSX) to its… Read More
Ghani Chemical, Mari Energies and OGDC Ink Gas Supply Agreement
Ghani Chemical Industries Limited (PSX: GCIL), Mari Energies Limited (formerly Mari Petroleum Company Limited) and Oil and Gas Development Company… Read More
Govt Reduces Profit Rates on National Savings Schemes
The federal government has revised the rates of profit on National Savings Schemes down by up to 200 basis points… Read More
IMF Mission Expected in Pakistan by March for First Review
Finance Minister Muhammad Aurangzeb said on Thursday that the International Monetary Fund (IMF) mission is likely to visit Pakistan by… Read More
Finance Ministry Congratulates Itself And Other Factors for 80-Month Low Inflation
The Ministry of Finance on Thursday acknowledged that inflation during the first six months of FY2024-25 (July-December) declined to 7.2… Read More
No Choice But to Stay With IMF to Secure $100 Billion Financing: Minister of State for Finance
Minister of State for Finance Ali Pervaiz Malik on Wednesday said Pakistan has no choice but to honor the International… Read More
