The government is moving quickly to deregulate the prices of petroleum products to address concerns about rising fuel prices and… Read More
Bank Financing For Cars Declines 21 Months in a Row
Car financing continued to fall 21 months in a row in the calendar year 2024, down 24.4 percent YoY to… Read More
Pakistan Can Become A $3 Trillion Economy By 2047, Says World Bank
Federal Minister for Finance and Revenue Muhammad Aurangzeb attended the “Roundtable on Implementing for Faster Results and Greater Impact” organized… Read More
Saudi Arabia Edges Closer to Invest $1 Billion in Reko Diq
Saudi Arabia is edging closer to investing $1 billion in the Reko Diq gold and copper mine in Pakistan, Bloomberg… Read More
IMF Vows Support For Pakistan After Aurangzeb’s Meeting With Donald Lu
The International Monetary Fund (IMF) has reiterated support for Pakistan, just a few hours after Finance Minister Muhammad Aurangzeb met… Read More
State Bank Reserves Stay Above $8 Billion Despite $1 Billion Bond Repayment
The foreign exchange reserves held by the central bank increased by $14.4 million on a weekly basis, according to data… Read More
Toxic Relationships: Pakistan, IMF Should Opt For An Exit Program And Move On
Finance Minister Muhammad Aurangzeb’s current negotiations with the International Monetary Fund (IMF) have evoked mixed reactions from commentators – one… Read More
No Respite As Pak Rupee Falls 4th Day in a Row Against US Dollar
The Pakistani rupee fell 4th day in a row against the US Dollar after opening trade at 279 in the… Read More
SECP Exposes Rs. 5 Billion Insider-Trading Scandal At State Life Insurance
The SECP has filed a criminal complaint against two individuals who were found involved in front-running equity trading by Investments of… Read More
Finance Minister Rules Out Any Significant Drop in PKR Value in 2024
Finance Minister Muhammad Aurangzeb is confident that the Pakistani Rupee (PKR) will remain stable and won’t devalue more than 6-8… Read More
Mobi Direct Withdraws Payment Gateway License From SBP
Mobi Direct has withdrawn its license from the State Bank of Pakistan for setting up an E-commerce Payment Gateway. The… Read More
Finance Minister Aurangzeb Meets Donald Lu to Discuss Pak-US Economic Cooperation
Finance Minister Muhammad Aurangzeb met Donald Lu, Assistant Secretary and Elizabeth Horst, Principal Deputy Assistant Secretary of US State Department… Read More
