The Federal Board of Revenue (FBR), Securities and Exchange Commission of Pakistan (SECP), and Ministry of Commerce plan to jointly… Read More
Govt Extends Deadline For Exchanging Old Banknotes
With a view to facilitating the public, the federal government upon recommendation of the State Bank of Pakistan (SBP) has… Read More
PM Imran Terms His Tenure as an Economic Success Story
Prime Minister (PM) Imran Khan has likened his government’s three years in power to “an economic success story” despite a… Read More
Alibaba Wants More Pakistanis to Use its E-Commerce Platform for Trading Worldwide
The Alibaba Group enjoined Pakistan’s business community to unite and use its digital platform for online trading to facilitate local… Read More
Here’s When Govt is Likely to Pass the Controversial Mini-Budget
The government plans to push the highly contentious Finance Supplementary Bill, 2021, for approval at a session of the National… Read More
IMF to Discuss Pakistan’s Loan Program on 12 January
Pakistan is committed to completing all prior actions before the International Monetary Fund (IMF) Board of Directors meeting for the… Read More
Senate Panel Okays Withdrawal of Corporate Guarantee Condition for Importers
The Senate Standing Committee on Finance, Revenue, and Economic Affairs has approved the proposal of the Federal Board of Revenue… Read More
Pakistan’s Forex Reserves Plunge by $255 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $255 million in the week that ended on December 31, 2021, according… Read More
ZTBL Declares New Rates of Return on Different Types of Deposits
The Zarai Taraqiati Bank Limited (ZTBL) has declared new rates of return on the Profit & Loss Sharing (PLS) and… Read More
Housing and Construction Finance Surged by Record Rs.163 Billion in 2021
Recording an unprecedented growth of 85 percent, banks’ outstanding credit for housing and construction increased to Rs. 355 billion during… Read More
Federal Govt’s Debt Reaches All-Time High in First 5 Months of FY22
The federal government’s debt swelled to an all-time high of Rs 40.99 trillion during the first five months of the… Read More
SBP Directs Exporters to Bring in Foreign Income Proceeds Within 120 Days
With an objective to improve the timely inflow of foreign exchange from export proceeds in the market, the State Bank… Read More
