The World Bank’s Board of Executive Directors will consider the “Pakistan Housing Finance-Additional Financing” project next month, with the objective… Read More
Chinese Firms May Relocate Facilities to Pakistan if US Trade Spat Worsens
Chinese firms are considering relocating their manufacturing facilities to Pakistan under the infrastructural framework of the China Pakistan Economic Corridor… Read More
Cut-off Yield on T-Bills Drops by 14 BPS
The cut-off yields on the auction of market treasury bills (T-Bills) dropped by 14 basis points despite an increase in… Read More
IMF to Discuss Pakistan’s Loan Program on 12 January
Pakistan is committed to completing all prior actions before the International Monetary Fund (IMF) Board of Directors meeting for the… Read More
Supernet Awarded Optical Fiber Project Worth Rs. 150 Million
Supernet Limited (Supernet) has secured a sizeable telecommunications infrastructure development project from a Pakistani mobile network operator. The project, valued… Read More
SECP Directs NBMFCs to Follow Risk Management Guidelines
The Securities and Exchange Commission of Pakistan (SECP) has directed the Non-Banking Micro Finance Companies (NBMFCs), having a gross loan… Read More
Govt Raises Rs. 1.26 Trillion from Treasury Bills
The State Bank of Pakistan (SBP) raised Rs. 1.26 trillion against a target of Rs. 1.2 trillion in the most… Read More
Pakistan’s Healthwire Raises $3.3 Million Funding
Healthwire, a health-tech startup and an operator of one of the largest horizontally integrated ecosystems of healthcare service providers in… Read More
ADB to Release $300 Million Loan to Develop Capital Markets in Pakistan
The Concept Clearance Proposal of ‘Third Capital Market Development Program (CMD)(Subprogram-2),’ funded by Asian Development Bank(ADB), has received the approval… Read More
Pakistan Refinery to Invest $1.2 Billion for Upgrading its Plants
Pakistan Refinery Limited (PRL) has planned to invest an estimated amount of $1.2 billion to enhance its capacity to produce… Read More
Pakistan and World Bank Pen $195 Million Power Project
The Government of Pakistan signed a financing agreement of the Electricity Distribution Efficiency Improvement Project worth $195 million with the… Read More
Pakistan to Present 6th Review to IMF Board Next Month
The government of Pakistan will present the sixth review of the authorities’ reform program supported by the International Monetary Fund’s… Read More
