The International Monetary Fund (IMF) has urged Pakistan to do more by timely addressing structural reforms for fiscal stability, and… Read More
Pakistan Receives Much-awaited Tranche of Over $1 Billion from IMF
Pakistan has received a much-awaited tranche of over $1 billion from International Monetary Fund (IMF), according to the State Bank… Read More
Product Diversification Results in High Exports in January 2022
Pakistan’s exports to the United States in January 2022 stood at $570 million, indicating a 25 percent increase as compared… Read More
Moody’s Latest Report Reveals Pakistan’s Economy on Path of Recovery
Moody’s Investor Service has termed International Monetary Fund’s (IMF) successful disbursement as credit positive, shoring up Pakistan’s foreign exchange reserves,… Read More
Rupee Posts Highest Single-Day Recovery Against US Dollar in 3 Months
The Pakistani Rupee (PKR) has continued its blistering run against the US Dollar (USD) and posted gains in the interbank… Read More
Govt Revises National Savings Profit Rates
The government has revised the profit rate on several national savings certificates and slashed remunerations by 72 basis points. Pursuant… Read More
Systems Limited to Invest Rs. 150 Million in Jomo Technologies
Systems Limited plans to invest Rs. 150 million in Jomo Technologies (Pvt) Limited, an e-commerce company that sells global fashion… Read More
SBP Reserves Plummet by $463 Million Due to External Debt Repayments
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed a substantial outflow of $463 million in the fourth… Read More
Interloop to Invest $100 Million in Apparel Project to Meet Rising Demand
Interloop Limited has planned to invest $100 million in its apparel project mainly to enhance the production capacity to meet… Read More
Pakistan Paid Off $1.35 Billion in Debt Servicing During Q1FY22
The government paid $1.35 billion in debt servicing of external public loans during the first quarter of the current fiscal… Read More
Rupee Gains Big Against the US Dollar After IMF Announcement
The Pakistani Rupee (PKR) is maintaining its impressive run against the US Dollar (USD) and posted gains in the interbank… Read More
Cement Sales Plummet 16.58% in January
Cement sales decreased by 16.58 percent to 3.95 million tons in January 2022 as opposed to 4.73 million tons in… Read More
