Former Governor of State Bank of Pakistan (SBP) Dr. Reza Baqir warned that debt restructuring for Pakistan will be very… Read More
Govt Inks Rs. 500 Million Agreement with Italy for Health Project in Balochistan
A Rs. 500 million agreement was signed between the Government of Pakistan, the Government of Italy and the Benazir Nahsonuma… Read More
SBP Raises Interest Rate to Highest Ever in Pakistan’s History
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Tuesday raised the policy rate by 100 basis points… Read More
U Bank Registers Outstanding Profit Growth of 102.5% in 2022
U Microfinance Bank has announced its financial results for the year ended December 31st, 2022. The bank posted a profit… Read More
Rupee Makes History Against US Dollar, Drops to 357 Against British Pound
The Pakistani rupee (PKR) extended losses against the US Dollar and dropped to a new all-time low during intraday trade… Read More
ADB Expects Pakistan’s Economy to Slow Down Even Further This Year
The Asian Development Bank (ADB) has massively cut down Pakistan”s GDP estimate to 0.6 percent for the current fiscal year,… Read More
Rupee Crashes Near All-Time Low Against US Dollar Ahead of SBP Policy Review
The Pakistani rupee (PKR) extended losses against the US Dollar and dropped further during intraday trade today. The Pakistani rupee… Read More
Mobilink Microfinance Bank Posts 31.7% Profit Growth in 2022
Mobilink Microfinance Bank Limited (MMBL) has announced its financial results for the year ended December 31st, 2022. The company posted… Read More
IMF Bailout Isn’t Enough: Here’s What Pakistan Needs to Do
The International Monetary Fund (IMF) program may be critical to restoring the confidence of friendly nations to assist Pakistan but… Read More
Ishaq Dar and Team to Visit US Next Week for IMF, World Bank Meetings
Ishaq Dar and other senior officials are scheduled to visit Washington DC from April 10 to 16 to attend the… Read More
UBL Appoints Muhammad Jawaid Iqbal as New President and CEO
United Bank Limited (PSX: UBL) has appointed Muhammad Jawaid Iqbal as President & CEO of UBL for a term of… Read More
FBR to Launch New AI Project for Digital Monitoring of POS and Track & Trace System
The Federal Board of Revenue (FBR) has decided to launch a new pilot project of Machine Learning (ML) and Artificial Intelligence… Read More
