The government through the Ministry of Finance raised Rs. 87.79 billion against an initial target of Rs. 100 billion for… Read More
SBP Updates Monetary Policy Committee Meetings Schedule For January-June FY24
The State Bank of Pakistan (SBP) has issued the schedule of the Monetary Policy Committee (MPC) for the first half… Read More
US Pledges $320,000 to Balochistan’s Mehrgarh Museum
US Ambassador to Pakistan Donald Blome and Chief Minister of Balochistan Ali Mardan Khan Domki launched the Ambassadors Fund for… Read More
Govt Assures IMF It Will Stay Away From Interfering in Anti-Corruption Agencies Like NAB
Pakistan has assured the International Monetary Fund (IMF) that it will end political interference in anti-corruption entities including the National… Read More
Pak Rupee Appreciates 5th Day in a Row Against US Dollar
The Pakistani rupee posted gains 5th day in a row against the US Dollar today after opening trade at 279… Read More
PIA’s Privatization Delayed as Banks Demand 16.6% Interest on Loan
Banks are seeking a fixed 16.6 percent yearly interest rate for postponing payments on their Rs. 281 billion loans to… Read More
Fauji Foods Ltd Makes Big Turnaround Posting A Massive Profit in 2023
Fauji Foods Limited (PSX: FFL) has posted a Rs. 605 million profit for the year that ended on December 30,… Read More
Finance Ministry Identifies Problems in Power Minister’s Rs. 1.25 Trillion Circular Debt Settlement Plan
The Ministry of Finance has identified problems in caretaker Power Minister Muhammad Ali’s circular debt reduction plan and will not… Read More
Pakistan Turns to Cheaper Coal Markets as Afghan Coal Becomes Too Expensive
Pakistan has turned to imported coal from other sources as coal from Afghanistan has become costlier in recent months, data… Read More
Govt is Introducing National Digital Wallet With Cashback Rewards
In a move towards a cashless economy, the Federal Government of Pakistan is gearing up to introduce the National Digital… Read More
Govt Bears Loss of Rs. 5.7 Billion Due to Fake Tax Stamps on Cigarette Packs
The federal government is reportedly bearing a loss of Rs. 5.7 billion every year due to fake tax stamps on… Read More
Bank Loans to Private Sector Plummet By Over 86%
Total bank loans to the private sector clocked in at Rs. 9.22 trillion in the current financial year 2023-24 from… Read More
