Adviser to Prime Minister on Finance, Shaukat Tarin, revealed that the International Monetary Fund (IMF) has linked the approval of… Read More
Pay & Pension Commission Reconstituted Under Chairmanship of Zafar Ahmad Khan
The federal government has reconstituted the 21 member Pay and Pension Commission by making the appointment of Zafar Ahmad Khan… Read More
Shaukat Tarin Reveals the Real Reason Behind Rupee’s Record Depreciation
Speculation in the forex market is the biggest reason behind the unprecedented freefall of the Pakistani Rupee against the US… Read More
Pakistani Salary-Advance Startup Secures Foreign Funding at $40 Million Valuation
Pakistan-based fintech and advanced-salary platform ‘Abhi’ has attracted foreign investment at a $40 million valuation in a bridge round led… Read More
SBP Revises Cash Reserve Requirement for Banks
The State Bank of Pakistan (SBP) has decided to increase the average Cash Reserve Requirement (CRR), to be maintained during… Read More
MSCI Adds 3 Pakistani Stocks to Frontier Market Index
Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI), has repositioned three Pakistani assets to its… Read More
Governor SBP Meets Governors of Saudi Central Bank and Bank Indonesia
Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, met the Governors of Saudi Central Bank (SCB) and Bank Indonesia… Read More
Governor State Bank Demands a Digital Transformation for Islamic Financial Services
Governor State Bank of Pakistan, Dr. Reza Baqir, stated that digital transformation of the global Islamic financial services industry has… Read More
Rupee Posts Losses Against All Currencies After Surprises Last Week
The Pakistani Rupee (PKR) has posted losses against the US Dollar (USD) for the second time since last week as… Read More
Rupee Posts Losses Against All Currencies After 6 Days of Big Gains
The Pakistani Rupee (PKR) finally posted blanket losses against the US Dollar after a week. The local unit deteriorated by… Read More
These Banks Will Roll Out Collateral-Free Loan Scheme for SMEs
Governor State Bank of Pakistan, Dr. Reza Baqir, announced that banks have shown an overwhelming response to an innovative financing… Read More
FBR Extends Deadline for Digital Payments By Corporate Sector
The Federal Board of Revenue (FBR) has extended the deadline for digital payments by the corporate sector stipulated in Section… Read More
