HeadlinesSBP injects Rs1.58trn into market through Open Market Operations
Rs1.335 trillion was injected through reverse repo while Rs 250 billion through Shariah-based OMO
Apr 5, 2024
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HeadlinesShort-term inflation rises by 0.96% after two weeks of decline
Weekly Sensitive Price Indicator increases by 29.45% year-on-year
Apr 5, 2024
HeadlinesPakistan signs $200m MoU with Chinese firm to convert thermal plant into solar power
The project is expected to produce 400 million units of electricity each year at a cost of Rs14 per unit
Apr 5, 2024
HeadlinesPakistan-Azerbaijan LNG import talks advance amid broader trade negotiations
Azerbaijan's push for the resumption of LNG supplies is part of a broader initiative to solidify economic cooperation
Apr 5, 2024
EconomyIMF to finalise $1.1bn tranche for Pakistan by end of this month: official
Lender ready for discussions on new loan program for Pakistan, says IMF’s communication director"
Apr 5, 2024
HeadlinesRs250mn fine imposed on five Discos for illegal load-shedding
This action marks the first instance of Nepra penalising companies for revenue-based load shedding
Apr 5, 2024
HeadlinesHonour Card Scheme launched for leading exporters, taxpayers
Eligibility for the card is limited to 65 top-performing exporters and compliant taxpayers
Apr 5, 2024
HeadlinesSBP’s reserves rise $19mn, now stand at $8.04bn
Total liquid foreign reserves recorded at $13.37 billion as of March 29, 2024
Apr 4, 2024
HeadlinesS. Arabia plans $1bn investment in Reko Diq project, aims to acquire stakes in energy giants
Prime Minister establishes a high-level committee to oversee the investment process in the Reko Diq project
Apr 4, 2024
HeadlinesGold price reaches all-time high of Rs241,000 per tola in Pakistan
Silver prices in Pakistan have also increased, with the rate per tola rising by Rs40 to reach Rs2,650
Apr 4, 2024
HeadlinesPak Elektron to incorporate wholly-owned foreign subsidiary in UAE
Subsidiary will be primarily engaged in commercial trading with import, export, distribution, and warehousing
Apr 4, 2024
HeadlinesEngro signs share purchase agreement with consortium for sale of thermal energy assets
Agreement signed for sale of Engro Energy’s entire 68.9% shareholding in Engro Powergen Qadirpur, 50.1% in Engro Powergen Thar, 11.9% in Sindh Engro Coal Mining Company
Apr 4, 2024