Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
Foreign assistance, ongoing projects featured in Sindh’s agriculture development budget
The Sindh government plans to allocate Rs6.9 billion from its estimated Rs 700 billion development expenditure budget for FY24 to the agriculture sector.Â
This allocation...
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
Interest rate hiked
The State Bank of Pakistan’s Monetary Policy Committee on Wednesday increased the benchmark interest rate 100 basis points, to 21 percent, in an attempt...
Stagflation: A challenge for policymakers in Pakistan
Writing for The Express Tribune, author Dr. Fahd Rehman explains that Pakistan is currently experiencing political turbulence that is causing economic uncertainty.Â
According to the...
The IMF has nothing to do with delayed polls. But are we surprised at the trust deficit with the fund?Â
The govt has severely jeopardized its credibility with the IMF and continued with business as usual
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...
New Vodafone boss takes aim at costs with 11,000 global job cuts
New Vodafone (VOD.L)Â boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain its competitive...
Financial sector remains resilient despite tightening of macro-financial conditions: report
State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.
Staff level agreement with IMF still awaited
IMF looks forward to obtain necessary financing assurances to pave way for completion of 9th EFF review
China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad...
Countries repatriating gold in wake of sanctions against Russia, study finds
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to...
US banks rethink social media as a threat, not a marketing tool
Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled Silicon Valley Bank...
Smuggled/Counterfeit Drugs: Products of the collapsing pharmaceutical industry
The consequential unavailability of medicines can inevitably trigger a national health emergency
The diesel smuggling racket and it’s long shadowÂ
As petrol prices continue to soar and inflation hits all-time high in Pakistan, the demand for cheap, imported, petroleum products has risen dramaticallyÂ
