HeadlinesPakistan's external funding requirements are set to remain high: Fitch Ratings
Low reserves leave the country dependent on IMF, bilateral and multilateral support
Dec 18, 2023
News Desk
12,398Articles
Share:
Published Work(12,398 articles)
Headlines
HeadlinesFDI in Pakistan surges by 7.28pc to $131.37m in November
On a YoY basis, foreign direct investment demonstrated substantial growth, rising by 12.25percent from $117.03 million in November 2022
Dec 18, 2023
HeadlinesPakistan posts $9m current account surplus in November, ending four-month deficit
The SBP reported a current account deficit of $1.16 billion in July-November of FY24, a significant improvement from the $3.3 billion deficit during the same period in the previous fiscal year
Dec 18, 2023
HeadlinesPrivatisation Commission approves new rules to expedite PIA privatisation
New regulations enable direct negotiations with foreign nations while establishing minimum prices through a competitive process
Dec 18, 2023
HeadlinesSIFC initiates hiring top-level consultancy firm for feasibility studies on bankable projects
The responsibility of hiring the consultancy firm has been entrusted to the Secretary of the Ministry of Planning, Development, and Special Initiatives, along with the Chief Executive Officer
Dec 18, 2023
HeadlinesPakistan, China ink $10bn investment deals across key sectors
The proposed joint ventures indicate complete Chinese investment in the textile, food, agriculture, and automobile parts sectors, aiming to enhance exports to China and other countries
Dec 18, 2023
HeadlinesShort-term inflation hits 43% in latest weekly report
The rise is attributed to higher gas prices and electricity tariffs, significantly impacting consumer purchasing power and highlighting financial strain on households
Dec 16, 2023
HeadlinesECC approves roadmap to resolve long-standing issues with KE
The committee allows the signing of four agreements between KE and various government entities
Dec 16, 2023
HeadlinesE-Services Sindh mobile app launched to digitalise land, industrial records
Through the newly launched app, transparency and security would be strengthened, reducing the risks of manipulation and tampering, asserts the caretaker minister for revenue
Dec 16, 2023
HeadlinesWeekly wrap: A slight correction for PSX and a boost for PKR
Benchmark KSE-100 lost 0.14%, and PKR gained 0.22% in the week ending on Dec 15, 2023.
Dec 16, 2023
HeadlinesLarge-scale manufacturing contracts in October, textile and auto sectors hit
The overall contraction in LSM stood at 0.44 percent for the first four months of the current fiscal year compared to the same period last year
Dec 16, 2023
HeadlinesIMF dismisses reports of tax hike on salaries in Pakistan
As part of the IMF bailout deal, Pakistan was required to implement fiscal adjustments, including raising $1.34 billion in new taxation
Dec 16, 2023