The receivables of the Oil Marketing Companies (OMCs) from the government of Pakistan, on account of price differential claim (PDC)… Read More
FBR Registers 29.1% Increase in Tax Collection During July-March FY22
The Federal Board of Revenue (FBR) collected net revenue of Rs. 4,382 billion during July-March of the current financial year… Read More
SBP Reserves Plunge to 20-Month Low Due to External Debt Repayments
The foreign reserves held by the State Bank of Pakistan (SBP) witnessed a staggering outflow of $2.915 billion in the… Read More
Over Rs. 7.5 Billion Disbursed Under Kamyab Pakistan Program
The Steering Committee on the Kamyab Pakistan Program (KPP) was informed that the government has so far disbursed more than… Read More
Rupee Plunges to Another Low Against US Dollar After ‘Threat Letter’ Spreads Panic
The Pakistani Rupee (PKR) continued its historic landslide against the US Dollar (USD) and reported losses in the interbank market… Read More
TPLP Plans to Raise $500 Million Following Recent Success
TPL Properties (TPLP) plans to raise the target fund size of $500 million (Rs. 90 billion) after recently securing the first… Read More
New Digital Pakistan Policy to Increase IT Exports to $30 Billion by 2030
The new Digital Pakistan Policy envisages generating one million additional IT-skilled human resources by 2030. The policy is further aimed… Read More
Current Political Situation Adversely Affecting Economy & Credit Rating: Moody’s
Moody’s Investor Service, in its latest statement, noted that the No-Confidence Motion could adversely affect Pakistan’s credit rating, terming the… Read More
NBP’s Cash Dividend Under Process for Govt’s Approval
The 73rd Annual General Meeting of the National Bank was held in Karachi on Wednesday (today). The cash dividend of… Read More
Rupee Drops Further Against US Dollar Ahead of No-Confidence Vote
The Pakistani Rupee (PKR) continued its historic drop against the US Dollar (USD) and reported losses in the interbank market… Read More
ECC Approves Rs. 16 Billion for Payment of SNGPL Dues
The Economic Coordination Committee (ECC) of the Cabinet approved a payment of Rs. 16 billion of Sui Northern Gas Pipelines… Read More
Railways Ministry to Procure 25 Diesel Locomotives Worth Rs. 14.7 Billion
The Ministry of Railways is initiating a project for the procurement of 25 Diesel Electric Locomotives worth Rs. 14.761 billion… Read More
