EconomyKSE-100 index gains over 300 points amid positive investor sentiment
This rally at the PSX is a clear indication of the strengthening investor confidence in Pakistan's economic environment
Jan 24, 2024
Monitoring Report
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Economy
HeadlinesNayaPay, Alipay+ partner to boost global payments into Pakistan
The fintech platforms will use QR codes compatible with Raast and Alipay+ payment partners to enable cashless transactions and support SMEs
Jan 24, 2024
EconomyPML-N leads in economic performance over past 30 years, Bloomberg analysis shows
The Bloomberg report provides a crucial insight into the economic performances under different political leaderships
Jan 23, 2024
HeadlinesGovt seeks G2G agreement with Saudi Arabia, UAE for forex repatriation
The Finance Ministry is set to brief the Executive Committee of SIFC about the initiative in their upcoming meeting on January 24
Jan 23, 2024
HeadlinesFBR rejects $50m tax exemption for TAPI gas pipeline amid IMF oversight
Tax agency also denied exemptions to local refineries for incentives from the ESCROW account
Jan 23, 2024
HeadlinesImpasse continues between Finance Minister and IRS over FBR overhaul
Dr. Shamshad Akhtar’s plan involves dissolving the FBR and creating two new tax departments, given to boards headed by private individuals
Jan 20, 2024
EconomySBP enforces new measures to control US dollar transactions
Pakistan tightens currency controls, biometric verification required for large dollar transactions
Jan 19, 2024
HeadlinesPakistan's cotton production reaches 8.2m bales, still below domestic demand
Ginners are holding onto 487,000 bales, with 165 ginning factories currently operational
Jan 19, 2024
HeadlinesPakistan to repay over $27bn in foreign debt within a year
Payment includes $23.83 billion in principal loans and $3.64 billion in interest costs
Jan 12, 2024
HeadlinesSIFC proposes measures to save Rs149bn in federal spending
Decision involves dropping 76 provincial projects worth Rs121 billion, freezing expenditure on parliamentarians’ schemes and Prime Minister's initiatives
Jan 12, 2024
HeadlinesPC approves sale of 51pc stake in PIA, advances legal segregation plan
The discussions within the Privatisation Commission board also covered proposals related to retaining employees and addressing the Rs281 billion commercial banks' debt
Jan 10, 2024
HeadlinesTaxation dispute prolongs refinery upgrade negotiations under new policy
FBR insists on taxing the release from the escrow account, while the refining sector advocates for the government to treat it as a grant to avoid taxation
Jan 9, 2024