The Competition Commission of Pakistan (CCP) has strongly recommended changes to the Insurance Ordinance, 2000 to allow private companies to… Read More
Senate Committee Recommends More Punishment Against Banks for Manipulating Currency
The Senate Standing Committee on Economic Affairs has decided to recommend further action against banks that were complicit in the… Read More
Investment-to-Deposite Ratio Crosses 100% Milestone, Advance-to-Deposit Hits All-Time Low
For the first time, the Investment-to-Deposit Ratio (IDR) has crossed 100 percent while the Advance-to-Deposit (ADR) ratio dropped to 38.4… Read More
IMF Loans Exclusively Used for Balance of Payments: SBP
Foreign exchange received as loans from the International Monetary Fund (IMF) is exclusively used to manage balance of payments, State… Read More
SBP Allows Exchange Companies to Import US Dollars Till June 2025
The State Bank of Pakistan (SBP) has allowed exchange companies to import US dollars till June 2025. “Attention of Exchange… Read More
Pakistani Bond Yields Drop to 2-Year Low As Market Expects Another SBP Rate Cut
Pakistani bond yields have declined to a 2-year low, with a 1-year bond now trading at 15.21 percent, a 3-year… Read More
FBR to Limit Cash Withdrawal and Plot Purchase for High-Income Tax Filers
The Federal Board of Revenue (FBR) is planning to bombard compliant taxpayers with new enforcement measures that will restrict them… Read More
FBR is Now Threatening to Block SIMs, Cut Electricity Connections of Taxpayers
The Federal Board of Revenue has warned taxpayers that it will block Mobile Phone SIMs, cut electricity and gas connections,… Read More
OICCI Shares Plan for FBR to Raise Up to Rs. 4 Trillion Tax Revenue in FY25
The Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday posted a plan on LinkedIn that would help the… Read More
National Savings Portfolio Reaches Rs. 3.1 Trillion in August
The total portfolio of the Central Directorate of National Savings (CDNS) stood at Rs. 3.1 trillion as of August 31,… Read More
Rupee Ascends to 277 Against US Dollar After 7th Consecutive Increase
The Pakistani rupee (PKR) rose 7th day in a row against the US Dollar (USD) today after opening trade at… Read More
Pakistan Needs to Pay Off $100 Billion Debt in Next 4 Years: Minister of State for Finance
The Deputy Finance Minister emphasized that Pakistan must arrange for $100 billion in external financing over the next four years… Read More
