The federal government’s debt burden is Rs. 14.5 trillion higher than the legal parliamentary limit, effectively breaching the Fiscal Responsibility… Read More
FTO Orders FBR to Work With State Bank of Pakistan To Resolve Exporters’ Issues
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to liaise with the State Bank of… Read More
Banks to Remain Closed for 3 Consecutive Days Again
The State Bank of Pakistan (SBP) announced that it will remain closed on Monday, 5 February 2024, on account of… Read More
What Grade of Green Brought Pakistan’s Economy to Ruin? [Opinion]
Pakistan’s political crisis since April 2022 has laid bare some logic-shattering narratives over what (read: who) is to blame for… Read More
SBP Asks Authorized Dealers To Process Import Payments With Due Diligence
State Bank of Pakistan (SBP) allowed authorized dealers, mainly commercial banks, to process import advance payment with appropriate due diligence,… Read More
Pakistan To Get Big Relief in $2 Billion Loan Payment to China
China has expressed willingness to roll over $2 billion in loans to Pakistan, Finance Ministry sources told ProPakistani. The loan,… Read More
PSX Witnesses Highest Net Selling By Foreign Investors in First Month of 2024
January witnessed a net selling of $35 million (January 1-30, 2024) by foreign portfolio investors. This is the highest net… Read More
FBR Restructuring: Finance Minister ‘Ignores’ ECP Letter in Late Night Speech
Caretaker Finance Minister Dr. Shamshad Akhtar in her televised speech on Tuesday night did not mention or respond to an… Read More
SECP Permits Live Testing of 9 Innovative Business Models Under RSB
The Securities and Exchange Commission of Pakistan (SECP) has permitted live testing of their innovative business model to nine applicants… Read More
Rupee Reverses Losses Against US Dollar After SBP Decision
The Pakistani rupee reversed losses against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
PSX Crashes After Court Jails Ex-PM Imran Khan for 10 Years Just Before Elections
Bears held the Pakistan Stock Exchange (PSX) at gunpoint today with the benchmark KSE-100 index losing over 900 points in… Read More
SBP Starts Process for Issuing New Currency Notes
The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a New Banknotes Series of all… Read More
