The Central Development Working Party (CDWP) meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, approved 1 development… Read More
PKR Up 3rd Day in a Row Against US Dollar, Remains At 279
The Pakistani rupee posted marginal gains 3rd day in a row against the US Dollar today after opening trade at… Read More
Pakistan’s Headline Inflation Clocks in at 28.3% in January 2024
The Consumer Price Index (CPI) based Inflation increased to 28.3 percent on a year-on-year basis in January 2024 as compared… Read More
SBP Deputy Governor Rules Out IMF Role in Decision to Re-Design Pak Rupee Notes
State Bank of Pakistan (SBP) Deputy Governor Saleem Ullah on ruled out any role of the International Monetary Fund (IMF)… Read More
Senate Committee Passes Imports and Exports (Control) (Amendment) Bill 2023
A meeting of the Senate Standing Committee on Commerce was held under the chairmanship of Senator Zeeshan Khanzada, where members… Read More
Govt Debt Goes Rs.14.5 Trillion Higher Than Legal Limit
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
