Development expenditure in Pakistan has significantly decreased in the first four months of the current fiscal year. From July to… Read More
ADB Approves $200 Million Loan for Power Distribution Project in Pakistan
The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan and improve… Read More
World Bank Likely to Approve $240 Million Water Sanitation Project for Karachi Tomorrow
The World Bank’s Board of Executive Directors is likely to approve the “Second Karachi Water and Sewerage Services Improvement Project… Read More
Cash in Circulation Declines By Rs. 110 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial decrease of Rs. 110 billion in the week that ended on 29… Read More
Rupee Once Again Devalues Against US Dollar After Yesterday’s Increase
The Pakistani rupee (PKR) again fell against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Rupee Ends 3-Day Losing Streak Against Major Currencies Once Again
The Pakistani rupee (PKR) recovered from last week’s three-day losing streak against the US Dollar (USD) today after opening trade… Read More
ADB Estimates Pakistan’s Post-Harvest Losses At 20-40%
Post-harvest losses in Pakistan are estimated at 20-40 percent for various crops, due to lack of infrastructure, equipment, tools/implements, and… Read More
Asset Management Companies’ Funds Cross Rs. 3 Trillion for the First Time
Asset Management Companies (AMCs) in Pakistan continued to attract inflows of funds from individual investors and corporations due to lucrative… Read More
Rupee Closes in Red 2nd Day in a Row Against US Dollar As Uncertainty Mounts
The Pakistani rupee (PKR) closed in red second day in a row against the US Dollar (USD) today after opening… Read More
Govt Raised Rs. 2 Trillion Via Sukuk Auctions At PSX in 2024
In 2024, the Government raised Rs. 2 trillion from Sukuk auctions using the PSX auction system in 15 total auctions.… Read More
Pakistan’s Central Govt Debt Decreases by Rs. 456 Billion in October 2024
The total public debt stock of the federal government increased by 10.6 percent on a year-on-year (YoY) basis in October… Read More
Rupee Again Depreciates Against US Dollar and Other Top Currencies
The Pakistani rupee (PKR) closed in red reversing its two-day winning streak against the US Dollar (USD) today after opening… Read More
