HeadlinesSBP cuts policy rate by 100 bps to 19.5%
Inflationary impact of the budgetary measures is broadly in line with earlier expectations; average inflation is expected to remain in the range of 11.5 – 13.5% percent in FY25, notes MPC

HeadlinesInflationary impact of the budgetary measures is broadly in line with earlier expectations; average inflation is expected to remain in the range of 11.5 – 13.5% percent in FY25, notes MPC
HeadlinesCommission recommends a transformative framework to revamp the distribution model and improve its usability and accessibility for average investors.
EconomyCountry’s large funding needs leave it vulnerable if it fails to implement challenging reforms, warns rating agency
HeadlinesCompany initiates discussion to develop a comprehensive business model; formal agreement will be signed on finalisation of these discussions
HeadlinesExploratory well has tested 20 MMscfd of gas and 250 barrels per day of condensate
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HeadlinesIT and trading sectors lead in new registrations; significant foreign investments with China as the top contributor
HeadlinesTransaction involves a consortium acquiring approximately 50.10% of M/s Engro Powergen Thar (Pvt.) Ltd from M/s Engro Energy Limited.
HeadlinesRate cut to boost investor confidence; anticipated IMF board approval likely to support bullish momentum, forecasts AKD Research
EconomyFinance Minister Aurangzeb briefs top Chinese officials on government’s reform agenda and engagement with IMF