News Desk

Headlines

Primary means of borrowing will involve fixed and floating-rate PIB with varying maturities ranging from three to 30 years

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Move is in line with objective to facilitate taxpayers, promote ease of doing business, and reduce compliance costs in telecom sector

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The Commerce Ministry contends that such a decision could convey a negative message to those who have invested in the country

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Export proceeds for January stood at $2.78 billion, reflecting a substantial 27 percent increase from the previous year's $2.19 billion

Economy

Net reserves held by banks (excluding the SBP) dropped by $25mn during the week, reaching $5.046bn

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Market affected by political uncertainty and significant foreign selling, says AKD Research

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Three projects worth Rs 136.660 billion were recommended to ECNEC for further consideration

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KSE-100 index surges by 414 points or 0.67%

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CPI has been above 20% since July 2023

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Gas will be processed at the Sachal Gas Processing Complex and supplied to SNGPL 

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Merger is subject to approval of shareholders, regulators, and the Sindh High Court

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IMF’s target of collecting Rs 4,425 billion in tax in six months also exceeded