The Pakistani rupee reversed its 5-day winning streak against the US Dollar after opening trade at 279 in the interbank… Read More
SBP Fights Rate Cut Temptation But At What Cost?
The State Bank of Pakistan (SBP) finds itself in a balancing act as it contends with the demands of the… Read More
SBP Governor Expects $6 Billion Rollover Before June-End
Talks between Pakistan and China for rolling over a $2 billion loan will conclude in two weeks, Governor State Bank… Read More
Roshan Digital Account Inflows Up 2% in February 2024
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) arrived at $141 million in February 2024, compared to $142 million… Read More
OGRA Ramps Up Refinery Upgrade Agreements
The Oil & Gas Development Authority (OGRA) has intensified efforts to finalize upgrade agreements with refineries under the Brownfield Refinery… Read More
World Bank to Consider $78 Million Digital Economy Enhancement Project For Pakistan This Week
The World Bank’s Board of Executive Directors will consider the approval of “Pakistan: Digital Economy Enhancement Project (DEEP)” worth $78… Read More
SBP Keeps Interest Rate Unchanged At 22%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged… Read More
Here Are Highest Paid CEOs in Pakistan’s Banking Sector
Despite challenges to the national economy and business climate, commercial banks in Pakistan continued to expand their assets. The balance… Read More
FBR to Increase Tax on Non-Filers Buying/Selling Housing Society Files
The Federal Board of Revenue (FBR) has assured the International Monetary Fund (IMF) to bring the real estate sector into… Read More
IMF Asks Pakistan to Enforce Business Tax Registration With Certain Limits
The International Monetary Fund (IMF) has asked Pakistan to introduce a single turnover-based registration threshold for all businesses. Sources told… Read More
President Zardari Announces Rewards For Tax Filers
The President of Pakistan has ordered that filers of income tax returns manually would now be able to enjoy all… Read More
IMF Talks Enter Final Day With Good News Imminent
Discussions will conclude on March 18 between Pakistan and the International Monetary Fund (IMF) for the final review of the… Read More