Pakistan, China to collaborate for innovative financial instruments

Chief Representative of CFFEX in Pakistan Mr You Hang along with PSX director calls on Finance Minister Muhammad Aurangzeb

Does the D in DFIs stand for Debt?

The financial institutions have overhauled their strategy and now resemble a leveraged fixed-income fund

NA committee fears majority of TERF loans parked in real estate

Machinery Imported with the TERF money was allegedly sold in the local market

Sri Lanka parliament approves domestic debt restructuring plan

Sri Lanka's parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the...

PRA exceeds revenue collection target

Tax collection maintains a growth of over 30%

Govt employees to receive salary, pension raises of up to 35%

Govt proposes setting minimum wage at Rs32,000

Appointment of MD Pak China Investment Company referred to cabinet 

Finance Ministry has proposed the name of Hasan Raza for the position

Khushhali bank to force convert its hybrid debt into equity. But is it fair?

Khushhali Microfinance Bank might become the first institution to convert its Additional Tier 1 bonds to common equity. But what are the implications of this conversion?

Pakistan secures only 36% of external financing in 10MFY23

Pakistan secured only $8.12b, against a target of $22.81b in the first ten months of current fiscal year

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China approves rollover of $2b SAFE deposits

IMF puts pressure on Pakistan to bridge $6b gap, urges bilateral partners to fulfill commitments

World Bank’s IFC to invest about $73m in Mahindra’s last mile mobility unit

BENGALURU: Indian automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank’s private investment arm, International Finance Corp (IFC), will invest...

Saudi Aramco earns $161bn profit for 2022

Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about...

Promised funds of $20.073bn face delays

As the cash-strapped nation eyes assistance from friendly countries and the International Monetary Fund (IMF), the Economic Affairs Division (EAD) has revealed...

SBP’s shariah compliant liquidity explained

KARACHI: The State Bank of Pakistan (SBP) announced the introduction of Shariah compliant Standing Ceiling Facility and Open Market Operations (OMO) injections...