Engro Fertilizers Limited (EFERT) has reported a consolidated profit after tax of Rs. 9.595 billion in the nine months that… Read More
ECNEC Rejects WAPDA Demand of Rs. 48 Billion Interest Payment on Chashma Project
The Executive Committee of the National Economic Council (ECNEC) has disallowed Rs. 48.1 billion to WAPDA on account of Interest… Read More
Rupee Rises 13th Day in a Row After SBP Announces Unmodified Interest Rate
The Pakistani Rupee (PKR) soared against the US Dollar (USD) and posted gains today. It appreciated by 0.08 percent against… Read More
Moody’s Downgrades Ratings of 5 Pakistani Banks
Moody’s Investors Service (“Moody’s”) has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks: Allied Bank… Read More
Massive Rs. 81 Billion Difference Between State Bank and FBR’s Tax Numbers: Auditor General
There is a huge variation of Rs. 81 billion in tax collection figures between the Federal Board of Revenue (FBR)… Read More
Pakistan Among 54 Countries Suffering From Severe Debt Problems: UN
Pakistan is one of 54 countries in desperate need of debt relief, having suffered over $30 billion in damages as… Read More
Pakistan Needs Over $3 Billion to Meet its Debt Obligations and Avoid Default
With the threat of a dollar shortage looming as several debt payments near maturity, Pakistan requires more than $3 billion… Read More
Rupee Rises Higher Against US Dollar 12th Day in a Row On SBP News
The Pakistani Rupee (PKR) continued to grow against the US Dollar (USD) and posted big gains today. It appreciated by… Read More
Govt Debt Reduces by Rs. 992 Billion to Below Rs. 50 Trillion On Massive PKR Jump
The total federal government debt stock was reduced by Rs. 992 billion during August 2022 due to the devaluation of… Read More
Rupee Defies Expectations to Gain Big Against US Dollar 11th Day in a Row
The Pakistani Rupee (PKR) continued to outperform the US Dollar (USD) and posted big gains today. It appreciated by 0.92… Read More
Pakistan Needs to Follow 4 Steps to Enhance Export Profitability: WB Economist
Pakistan can increase profits from exports through well-functioning duty refunds, lower effective protection for domestic-oriented industry, smart export promotion, and… Read More
WorldCall Tops PSX Volume Charts On Parent Company’s Nasdaq Listing
WorldCall Telecom Limited (WTL) has topped volume charts in the last few days with daily traded volumes of 359 million… Read More
