The Federal Government is likely to impose a cut of up to Rs. 100 billion on the Public Sector Development… Read More
Govt Debt Skyrockets Over Rs. 50 Trillion in July Due to PKR Devaluation
The federal government’s debt stock swelled by Rs 2.720 trillion to hit Rs. 50.503 trillion during the first month of… Read More
UAE’s TruKKer Raises $100 Million in Final Funding Round Ahead of IPO
TruKKer, a UAE-based freight logistics company, has raised $100 million ahead of a planned Initial Public Offering (IPO). According to… Read More
Rupee Falls Sharply Against Major Currencies As Economic Woes Intensify
The Pakistani Rupee (PKR) crashed against the US Dollar (USD) and posted huge losses during intraday trade today. It depreciated… Read More
Roshan Digital Accounts Record Lowest Inflows Since March 2021
Roshan Digital Accounts (RDA) received inflows of $187 million in August from overseas Pakistanis, while 15,388 news accounts were opened… Read More
ADB Drops $200 Million ICT Development Project for Pakistan
The Asian Development Bank (ADB) has dropped the “Pakistan: Integrated Information and Communications Technology Development Project” worth $200 million. An… Read More
Pakistan’s Dollar Bonds Down As Devastating Floods Hit Economic Outlook
Pakistan’s dollar bonds fell to their lowest level in more than a month as the economy struggles to recover from… Read More
UAE Lauds Pakistan’s Cooperation in Facilitating Foreign Investments
The UAE has appreciated Pakistan’s efforts to facilitate foreign investments in the region. The federal Minister for Finance and Revenue,… Read More
Govt to Support Textile Manufacturers in Enhancing Exports: Miftah
Federal Minister for Finance and Revenue, Miftah Ismail, has assured the Pakistan Textile Exporters Association (PTEA) that the government wants… Read More
Rupee Loses Big Against US Dollar As Political and Economic Risks Rattle Markets
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
International Aid Not Enough to Deal With Devastating Floods: Miftah Ismail
Despite international organizations sending in millions of dollars for Pakistan in recent weeks, this level of foreign assistance hasn’t been… Read More
Rupee Ends Week With Losses Against US Dollar After Bad News From IMF
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
