Pakistan International Airlines (PIA) has not filed its federal excise duty (FED) and sales tax (ST) returns with the Federal… Read More
Pakistan Issues $1 Billion Ijara Sukuk in Global Market
Pakistan issued the much-awaited $1 billion Ijara Sukuk in the global market on Monday, 24 January. The dollar-denominated Islamic bond… Read More
CDWP Recommends Another Motorway Project Worth Rs. 108.5 Billion to ECNEC
The Central Development Working Party (CDWP) on Monday approved three projects worth Rs. 13 billion and recommended another project worth… Read More
Rupee Posts Losses Against the US Dollar Over SBP’s Interest Rate Uncertainty
The Pakistani Rupee (PKR) reversed its winning streak against the US Dollar (USD) and posted losses in the interbank market… Read More
SSGC Demands Redressal of Pending Amounts From Jamshoro Joint Venture Ltd
The Sui Southern Gas Company (SSGC) Limited has stated that clearance from the National Accountability Bureau (NAB) is required for… Read More
Rupee Rebounds Against All Major Currencies After Revised GDP Forecast
The Pakistani Rupee (PKR) reversed its losing streak against the US Dollar (USD) and posted gains in the interbank market… Read More
Pakistan’s Real Effective Exchange Rate Falls to 96.74 in December’ 21
The Real Effective Exchange Rate (REER) of Pakistan decreased to 96.74 in December 2021. According to the latest monthly data… Read More
SBP Reserves Decline by Over $500 Million
The foreign exchange reserves continued to deplete with a staggering outflow of 0.56 billion during the week closing on 14… Read More
Senate Committee Expresses Dissatisfaction with Aviation Services and Orders Revamp
Expressing concerns over the deteriorating condition of various airports in the country, the Senate Standing Committee on Aviation has directed… Read More
Rupee Declines Against All Major Currencies Amid Fears of New 16% Tax
The Pakistani Rupee (PKR) continued its losing streak against the US Dollar (USD) and posted losses in the interbank market… Read More
Pakistan’s Budget Deficit Soars 29% in 6 Months of FY22
Despite a slowdown in development spending and double-digit income growth, Pakistan’s fiscal budget deficit in the first half of the… Read More
Rupee Struggles Against Major Currencies Despite IMF Announcement
The Pakistani Rupee (PKR) continued its losing streak against the US Dollar (USD) and posted losses in the interbank market… Read More
