Debt payments in low-income countries will reach their highest level since 1998 in 2023, with countries like Pakistan, Sri Lanka,… Read More
PAC Member Orders Audit of Private Channels That Aired Live Matches
A meeting of the Public Accounts Committee (PAC) was held under the chairmanship of Member of National Assembly (MNA) Noor… Read More
KP Finance Dept. Refuses Advance Salaries For Eid
The Finance Department of Khyber Pakhtunkhwa has issued an apology for providing an advance salary to government employees during the… Read More
Pakistani Rupee Has Performed Worse Than Sri Lankan Rupee in 2023
While the government continues to place its faith in the International Monetary Fund (IMF) for recovery, the Pakistani Rupee (PKR)… Read More
Dollar Horror: PKR Loses Big to Close At 287.09 Against USD
The Pakistani rupee (PKR) continued to slip against the US Dollar and posted huge losses during intraday trade today. The… Read More
Sindh High Court Gives Relief to Tri-Star Power Ltd Against Turkish Bidder
The Sindh High Court (SHC) has given relief to Tri-Star Power Limited (PSX: TSPL) in its lawsuit against Turkish investor… Read More
Insitor Invests $2 Million in GoldFin Limited
Insitor Impact Asia Fund II Pte Limited, a regional impact investment fund managed by Insitor Partners (Insitor) has invested US$… Read More
SBP Fines on Delayed Repatriation Are Hurting Pakistan’s Exports: WB Economist
While Pakistan’s trade deficit is declining, exporters are avoiding repatriation of delayed proceeds to keep away from paying heavy fines… Read More
IT Ministry Seeks Rs. 10.2 Billion for NTC From ECC
The Ministry of Information Technology and Telecommunication has sought the Economic Coordination Committee’s (ECC) approval for the National Telecommunication Corporation… Read More
Remittances Increase by 27.4% in March to Highest in 7 Months
Remittances in March registered an increase of 27.4 percent on a month-on-month (MoM) basis and touched the $2.5 billion mark… Read More
Analysis Shows Shocking Forecast for Pakistani Rupee in May
The Pakistani Rupee (PKR), the emerging markets’ worst performer in the past few months, is likely to extend losses in… Read More
Saudi Fund for Development Signs $240 Million Loan Agreement to Support Mohmand Dam Project
The Saudi Fund for Development (SFD) has signed a US$ 240 million loan agreement to support Pakistan’s Mohmand Multipurpose Dam… Read More
