New €45mn German aid to bolster Pakistan’s development initiatives
Germany has announced a €45 million aid package for Pakistan to initiate several new development projects, underscoring the strong partnership between the...
Pakistan stock exchange gains ahead of general election
This upward movement follows a robust gain on Tuesday, particularly within the oil and gas sector.
Court halts caretaker govt’s move to reform FBR
The Islamabad High Court recently issued a suspension on the caretaker government's plan to restructure the Federal Board of Revenue (FBR). This...
The SIFC has a new plan to tackle circular debt. Will it work?Â
The Council is looking to woo the IMF with a unique new solution they are proposing
SBP successfully sells Rs63.8bn in Market Treasury Bills
In a recent auction on Tuesday, the State Bank of Pakistan (SBP) achieved a notable success by selling Market Treasury Bills (MTBs)...
Elections pave the way for Pakistan’s credit rating improvement: S&P
Popular support and coordination with key institutions will give next government a better chance to secure IMF financing, says credit rating agencyÂ
Consumers face second blow as gas prices soar 35% following IMF directive
Consumer woes continue, OGRA unveils 35.13% increase in gas tariffs
Economic stability achieved by Pakistan’s caretaker govt, says Finance Minister
In a recent press conference, Dr. Shamshad Akhtar, Caretaker Federal Minister for Finance, announced that Pakistan's economy has stabilized due to effective...
Can any major political party address inflation? Elevated price levels raise concerns
The latest CPI data shows a deceleration in the inflation rate, yet price levels remain significantly high
ECC approves additional Rs7.5bn in wheat subsidy to GB
Protests by the GB public yields results after forty three days
Pakistan’s reserves drop by $54mn, mainly due to external debt payments
Net reserves held by banks (excluding the SBP) dropped by $25mn during the week, reaching $5.046bn
Imran Khan tops poll as preferred leader for economic revival, Bloomberg survey
Whoever wins the polls will have to manage an economy that’s grappling with low reserves and high inflation.
Ejaz seeks businessmen’s help in achieving $100bn export target
ICCI's leadership urges the govt to provide a special budget package for SMEs and industry
Pakistan’s gross national income rises 46% in H1 FY2023-24
Key driver of this upswing is high revenue collection by FBR
IMF cuts Pakistan’s 2024 growth projection to 2%, raising concerns
Despite the positive global outlook, the IMF anticipates global growth to remain below the recent historical average of 3.8 percent in 2024.