Finance Archives

Fiscal Deficit Widens by 20% to Over Rs. 3 Trillion in 9 Months of FY23

Pakistan’s fiscal balance in the first nine months of the financial year 2022-23 (9MFY23) posted a deficit of Rs. 3,079… Read More

The staff level agreement (SLA) between Pakistan and the International Monetary Fund (IMF) has been delayed yet again with the… Read More

Smuggled Iranian diesel is causing a staggering revenue loss of Rs. 10.2 billion per month to Pakistan’s economy. Failure to… Read More

The Sensitive Price Indicator (SPI) based inflation for the week ended May 4, 2023, recorded an increase of 1.05 percent… Read More

Pakistan’s sovereign bonds will probably rise in the near term as the country is expected to avert a default in… Read More

The Government of Pakistan might pay for incoming Russian crude oil cargo in Chinese Yuan. The cargo carrying 750,000 barrels… Read More

Pakistan faces $3.7 billion of debt payments starting this month, Fitch Ratings said, putting pressure on the government to convince… Read More

The Pakistani rupee (PKR) gained further ground and posted gains against the US Dollar today. The Pakistani rupee was initially… Read More

A meeting of the Public Accounts Committee (PAC) was held under the chairmanship of Member of National Assembly (MNA) Noor… Read More

Chairman Federal Board of Revenue (FBR) Asim Ahmad said Thursday that the regulatory duties imposed on vehicles and mobile phones… Read More

Security Investment Bank Limited (PSX: SIBL) has decided to convert into a Shariah-Compliant entity, the bank informed the Pakistan Stock… Read More

The International Monetary Fund (IMF) has made it clear to Pakistan that it will not provide any additional subsidies without… Read More