The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $30.757 billion for the fiscal year 2022-23,… Read More
FBR Revises Procedure for Computating Capital Gains and Collecting Tax on Securities
The Federal Board of Revenue (FBR) has revised the procedure for the computation of capital gains and collection of tax… Read More
IMF Forecasts Pakistan’s External Debt to Soar Above $140 Billion in FY23
The International Monetary Fund (IMF) has projected Pakistan’s external debt to reach $140.959 billion in 2022-23, up from $130.127 billion… Read More
Rupee Posts Modest Gains Against US Dollar After SBP Receives IMF Funds
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
ADB Approves $3 Million Grant for Pakistan’s Flood Relief Efforts
The Asian Development Bank (ADB) has approved a $3 million grant to support the Government of Pakistan’s emergency relief efforts… Read More
Govt Hikes Petroleum Levy on Petrol to Historic High of Rs. 37.5 per Liter
Petroleum levy (PL) on petrol has reached a historic high of Rs. 37.50 per liter after the government jacked up… Read More
Reforming Economy Under IMF Program Will Lower Pakistan’s Default Risk: Report
Pakistan’s strategy to handle the pandemic crisis, better level of foreign exchange earnings, and reforming the economy under the International… Read More
Rupee Posts Big Gains Against Major Currencies As Markets React to IMF News
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Faysal Bank to Become a Full-Fledged Islamic Bank From 2023
Faysal Bank Limited will operate as a full-fledged Islamic bank from 2023 as its management has converted more than 90… Read More
SBP Ask Banks to Facilitate Customers for Flood Relief Donations
The State Bank of Pakistan (SBP) has asked banks’ customers to lodge their complaints against banks in case they are… Read More
SECP Hosts First Ever Meeting of Capital Market Supervisory Authorities
The Securities and Exchange Commission of Pakistan (SECP) held Pakistan’s first-ever meeting of Economic Cooperation Organization (ECO) Heads of Capital… Read More
Rupee Gains Big Against US Dollar After IMF Approval, Oil Prices Down On Iraq News
The Pakistani Rupee (PKR) finally halted its losing streak against the US Dollar (USD) and posted gains during intraday trade… Read More
