Govt brings down hammer on the economyÂ
Rupee strengthens as civil and military leadership express the need to stick to tough decisions.Â
Exchange companies to be consolidated into one category under SBP reforms
The central bank has given category B exchange companies and franchises a month to decide on an option and approach it for approval.
Petrol, diesel sales remain robust across July and August despite public outcry
Both soar year-on-year whilst furnace oil takes poundingÂ
SBP likely to hike interest rate in upcoming MPC meeting
As inflation remains elevated, the central bank may raise the policy rate by up to 150 basis points.Â
Why is the Bank of Khyber faltering?
Profitability takes a hit due to increase in policy rate, branch network expansion and power struggle within the management
IMF seeks additional details on power sector from Pakistani side
The PM had recently said that the govt will soon announce relief measures without defying international commitments.
Pakistan businesses fear default still imminent, Gallup Survey reveals
This survey is the 10th edition of a quarterly Business Confidence Survey conducted by Gallup Pakistan
Public debt has exceeded 60% of GDP limit under the FRDL Act
The Government’s Total Public Debt stood at Rs 59.247 trillion in March 2023
Future of fuel prices bleak as global crude peaks for 2023Â
In under 24 hours of petroleum prices being revised, Pakistan has woken up to a roaring global crude market
Yearly inflation drops to 27.4% in August, but challenges loom ahead
Increased fuel costs and dollar rate indicate higher future inflation.
Toyota records lowest final earnings since CovidÂ
The company has ended its financial year with a final earning of Rs 9.6 billionÂ
Steel sector continues to grumble
The PALSP has raised alarms over the authorities' lack of effective measures to counter the menace of smuggling.
Caretakers brace for impactÂ
The economy is worse than they thought. Have the caretakers bitten off more than they can chew?Â
Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July
NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.
Rupee falls near Rs325 against US dollar in open market
Spread between the buy and sell rate of the dollar widens in the interbank, reflecting market volatility.Â