The Pakistani Rupee (PKR) reversed its losses against the US Dollar (USD) and persevered against the greenback despite hitting an… Read More
Planning Commission Wants to Ban NHA From New Projects
Due to delay in execution, slow progress on projects, and cost overrun, the Planning Commission has recommended barring the National… Read More
Moody’s Warns Further Lockdowns Will Put Pressure on Budget & Stall Economic Growth in Pakistan
In the event of further lockdowns or shocks to external demand, the government of Pakistan (B3 stable) would have comparatively… Read More
2021 was Good for Pakistan Despite Supply Chain Disruptions: World Bank Economist
Even though the global supply chain was disrupted during 2021, the year was particularly good for Pakistan, according to World… Read More
Interloop Declares Profits of Rs. 2 Billion in Q2
Interloop Limited, which is the largest hosiery producer in Pakistan, has announced its financial results for the second quarter that… Read More
Govt of Punjab Failed to Utilize $50 Million World Bank Loan for Tourism
The government of Punjab has failed to utilize the $50 million World Bank Loan for Punjab Tourism for Economic Growth… Read More
Cut-Off Yield on Treasury Bills Drops by 68 BPS
The State Bank of Pakistan (SBP) has raised Rs. 729.29 billion in the auction of treasury bills (T-bills), with cut-off… Read More
Rupee Drops Against the US Dollar as IMF Announces A Delay
The Pakistani Rupee (PKR) continued its losing run against the US Dollar (USD) and posted losses in the interbank market… Read More
Foreign Investors Pull Out $350 Million from Treasury Bills During First Half of FY22
Foreign investors pulled out more than $350 million investment from the Treasury Bills and Pakistan Investment Bonds (PIBs) during the… Read More
IMF Downgrades Global Growth Projections Amid Omicron Aftershocks
The International Monetary Fund (IMF) has projected global growth to downshift from 5.9 percent in 2021 to 4.4 percent this… Read More
Pakistan Received $9.43 Billion Foreign Loans in First Half of FY 2022
Pakistan incurred a foreign debt of $9.432 billion from multiple financing sources in the first half months (July-December) of 2021-22,… Read More
Rupee Drops Further Against the US Dollar Despite SBP Decision
The Pakistani Rupee (PKR) is on a persistent losing streak against the US Dollar (USD) and posted losses in the… Read More
