Pakistan’s cement offtake declined by 19 percent year-on-year (YoY) in the first 7 months of the financial year 2022-23 as… Read More
Rupee Drops to Historic Low After Comments From Dar, PM Shehbaz Cause Market to Panic [Updated]
Dar-pegging has evolved into Dar-begging after the Finance Minister appealed to charitable organizations to raise $2 billion from overseas Pakistanis,… Read More
Pakistan’s Debt Servicing Costs Set to Soar to Rs. 5.2 Trillion
Debt servicing costs are projected to rise to an alarming level of Rs. 5.2 trillion in the current fiscal year… Read More
Finance Minister Approves Plan to Raise $2 Billion Through Overseas Pakistanis
Finance Minister Ishaq Dar gave his approved plan for charitable organizations to help raise around $2 billion from overseas Pakistanis.… Read More
Rupee Crashes to New All-Time Low Against US Dollar After Bad News From IMF
Pakistani rupee (PKR) crashed to a new all-time low against the dollar today after the latest inflation estimates rattled markets,… Read More
Indian Adani Group’s Losses Exceed $100 Billion Within Days
The stock market value of India’s Adani Group has continued to fall significantly this week as the conglomerate’s controversial stock… Read More
Finance Minister Wants to Eliminate Interest-Based System in Pakistan
Finance Minister Ishaq Dar has for the second time in a week reiterated the government’s commitment to promote Islamic finance… Read More
FBR Rushes Asset Declaration Rules for Bureaucrats to Meet IMF’s Condition
To meet a condition of the International Monetary Fund (IMF), the Federal Board of Revenue (FBR) Thursday hurriedly notified “Sharing… Read More
Hidden Agenda? Govt Showers FBR Employees With Money and Benefits
While crisis and money issues plague the economy and inflict more pain on the poor, the Government of Pakistan has… Read More
PBC Suggests Collecting Rs. 1.5 Trillion in Taxes Without Burdening the Public
The government can collect an additional Rs. 1.5 trillion revenue from under-taxed sectors. Pakistan Business Council (PBC) estimates tax revenue… Read More
Gold Prices Reverse Decline After Pakistan’s Inflation Breaks 47-Year Record
Gold prices in Pakistan reversed yesterday’s losses today (Wednesday) after the Pakistani Rupee fell against the US Dollar in interbank… Read More
ZTBL Increases Rates of Return on Different Types of Deposits
Zarai Taraqiati Bank Limited (ZTBL) has declared rates of return on the following PLS & other deposits for the period… Read More
