The use of electronic banking (e-banking) channels has had impressive double-digit growth in Pakistan due to the improving adaptability of… Read More
Corruption on The Rise in Ministry of Science and Tech
Irregularities and corruption are growing within the Ministry of Science and Technology (MoST). The ministry has illegally reinstated two grade… Read More
Pakistan Customs Seizes Narcotics Worth Rs. 257 Million in Gwadar
In continuation with FBR’s policy of crackdown against the menace of narcotics/drugs, Collectorate of Customs, Gwadar again in yet another… Read More
Govt Channeling Rs. 250 Billion Fiscal Space For Relief in Energy Prices: Analyst
The Government of Pakistan has found a “specific fiscal space of Rs. 250 billion” for providing relief in energy prices,… Read More
FBR Exceeds 8-Month Tax Collection Target By Rs. 268 Billion
The Federal Board of Revenue has exceeded its eight-month tax collection target by Rs. 268 billion to Rs 3,799 billion.… Read More
Rupee Plunges As Global Oil Prices Soar Over $100 Once Again
The Pakistani Rupee (PKR) continued its disappointing run against the US Dollar (USD) and posted losses in the interbank market… Read More
Here’s How Pakistani Mobile Networks Performed in FY 2021
Telecom industry revenues increased by around 9 percent as they jumped from Rs. 592 billion in FY 2019-20 to Rs.… Read More
K-Electric Announces Financial Results for First Half of FY 2022
During the six months period ended 31 December 2021, the units sent out increased by 2.4% over the same period… Read More
Pakistan’s Outstanding Debt Swells to All-Time High of Rs. 51.724 Trillion
Pakistan’s total outstanding debt and liabilities swelled by Rs. 3.893 trillion to an all-time high of Rs. 51.724 trillion mainly… Read More
Rupee Crashes to Pre-IMF Levels After US Fines NBP Over Money Laundering
The Pakistani Rupee (PKR) continued its dismal run against the US Dollar (USD) and posted losses in the interbank market… Read More
NBP Responds After $55 Million Penalty by US Regulator
The $55 million fines imposed by US regulators on the National Bank of Pakistan were for “historical compliance program weaknesses… Read More
Pakistan Achieves Highest Ever IT and Telecom Services Exports in 7 Months
Pakistan has reported its highest IT and Telecom services exports in seven months. Information and Communications Technology (ICT) export remittances,… Read More
