The federal government has made the decision to base the upcoming fiscal year budget on an exchange rate of Rs.… Read More
SBP Enhances Asaan Account Limit by Rs. 5 Million Till Eid Ul Adha
To facilitate digital payments at the Cattle Markets for the sale of sacrificial animals for the upcoming Eid Ul Adha,… Read More
General Sales Tax Rate Likely to Go Up By 1% in New Budget on IMF Demand
The government is planning to raise the General Sales Tax (GST) rate by 1 percent in the upcoming 2024-25 budget… Read More
LSE Financial Services to Officially List On PSX Tomorrow
LSE Financial Services Limited (LSEFSL) will officially list on the Pakistan Stock Exchange (PSX) with effect from tomorrow i.e. Friday,… Read More
Rupee Continues to Depreciate Against US Dollar 3rd Day in a Row
The Pakistani rupee (PKR) fell third day in a row against the US Dollar today after opening trade at 278… Read More
IMF Proposes Rs. 12.9 Trillion Tax Collection Target For FBR Next Fiscal Year
The International Monetary Fund (IMF) has proposed a massive Rs. 12.9 trillion tax collection target for the Federal Board of… Read More
6-Month KIBOR Drops by 18bps
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 18 basis points… Read More
Bahrain-Based Investment Group to Acquire 75% Stake in Faysal Bank JV
Ithmaar Holding, the parent company of Faysal Bank Limited (PSX: FABL) held its EOGM on Wednesday to get approval from… Read More
Govt Enforces Essential Services Act At PIA to Ensure Operational Continuity
The government has invoked the Pakistan Essential Services (Maintenance) Act, 1952 for the next six months at Pakistan International Airlines… Read More
IMF Warns Pakistan’s Current Account Deficit Could Spike By $1.54 Billion Next Fiscal Year
The International Monetary Fund (IMF) has worked out Pakistan’s current account deficit (CAD) target of $4.55 billion for the new… Read More
Planning Ministry Demands Over Rs. 2.4 Trillion For PSDP Projects in New Budget
The Annual Plan Coordination Committee (APCC) will convene on May 31 (Friday) to approve the annual macroeconomic plan and development… Read More
Currency in Circulation Down By Rs. 212 Billion So Far in FY24
Cash holdings in Pakistan have declined by Rs. 212 billion in the financial year 2023-24 to date, according to the… Read More
