The government of Sindh has not reinstated a 15 percent service tax on debit and credit card payments at restaurants… Read More
Market Expects SBP to Cut Key Interest Rate Next Week
The Monetary Policy Committee of the State Bank of Pakistan is scheduled to meet on July 29, 2024, to decide… Read More
US-Based Mercury Bank Blocks Services for Pakistanis Due to Fraud
US-based Mercury Bank has included Pakistan alongside Palestine, Nigeria, Mali, Somalia, Russia, Iran, and many others in the list of… Read More
Moody’s Ratings Expresses Confidence in Pakistan’s Economic Trajectory
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a zoom meeting with the representatives from Moody’s Ratings at… Read More
Fauji Foods Posts Staggering 950% Profit Growth in Q2 2024
Fauji Foods Limited (PSX: FFL) reported a profit after tax of Rs. 234 million in April-June 2024 versus Rs. 22… Read More
Rupee Depreciates 2nd Day in a Row to 278.4 Against US Dollar
The Pakistani rupee (PKR) declined in value against the US Dollar today after opening trade at 278 in the interbank… Read More
SBP Shares Monetary Policy Committee Meetings Schedule for July-December 2024
The State Bank of Pakistan (SBP) has issued the schedule of the Monetary Policy Committee (MPC) for the second half… Read More
Telenor Microfinance Bank Appoints Jahanzeb Khan As CEO
Telenor Microfinance Bank has appointed Jahanzeb Khan as the new chief executive officer (CEO). Jahanzeb Khan, formerly the CEO of… Read More
Aurangzeb Tries to Convince Fitch to Improve Pakistan’s Rating
Federal Minister for Finance and Revenue Muhammad Aurangzeb had a Zoom meeting with the representatives from Fitch Ratings led by… Read More
95% Railways Budget is Used for Pension, Salaries and Fuel Costs: Secretary
About 95 percent of the Railways budget is being utilized on pension, salaries, and fuel and there was no targeted… Read More
Pakistan Missing From IMF Board’s Meeting Agenda
The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board meetings scheduled till… Read More
SBP Consults With IMF, World Bank on Digital Currency
Deputy Governor State Bank of Pakistan Saleem Ullah said that the central bank has sought technical consultations with the International… Read More
