The Minister for Power, Khurram Dastagir Khan, stated that there had been major progress in coal imports from Afghanistan, and… Read More
SBP Extends Online Portal to Verify Cases for Financial Institutions
To promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP) has developed an online portal called SBP… Read More
Govt’s Import Ban Has Failed Miserably and Here’s Why
Pakistan’s trade deficit widened by 16.48 percent on a month-on-month basis from $4.151 billion in May 2022 to $4.835 billion… Read More
Rupee Plunges Further Against US Dollar Despite IMF News and Massive Oil Drop
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted huge losses in the interbank market today.… Read More
Pakistan International Oil Limited Established in Abu Dhabi
A consortium of Pakistan’s companies comprising Oil and Gas Development Company Limited (OGDCL), Mari Petroleum Company Limited (MPCL), Government Holdings… Read More
Petroleum Minister Says Matters with IMF to be Settled Soon
The Minister of State (Petroleum Division), Dr. Musadik Masood Malik, has said that matters will be settled with the International… Read More
ECNEC to Consider Rs. 350 Billion Road Construction Projects Today
The Executive Committee of the National Economic Council (ECNEC) will consider three projects worth approximately Rs. 350 billion, including the… Read More
Angry Customers Switch to Islamic Banks to Protest Against Riba Case
A section of emotionally-charged customers is switching their bank accounts to Islamic banks from four banks including HBL, UBL, NBP,… Read More
Roshan Digital Account Inflows Surge by $250 Million in June
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $4.606 billion by the end… Read More
Rupee Crashes Against US Dollar As IMF Postponement ‘Rumors’ Cause Panic
The Pakistani Rupee (PKR) halted gains against the US Dollar (USD) and posted huge losses in the interbank market today.… Read More
Pakistan’s Petroleum Imports Under Saudi Oil Facility Cross $300 Million
Pakistan imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility for the third… Read More
Pakistan Inked Foreign Funding Agreements Worth $11.36 Billion in July-March FY22
Pakistan signed new agreements worth $11.362 billion as commitments during the first three quarters of the fiscal year 2021-22, inclusive… Read More
