Govt grapples with dollar crunch to buy oil amidst pending syndicated financing

Currency dealers hold back on dollar sales

Currency dealers are buying dollars in the range of Rs 275-280 but are not willing to sell 

SBP is set to make a profit of more than a trillion. But How?

SBP’ profits ride high with prevailing high interest rates coupled with outstanding Repurchase borrowing levels 

Two International banks surrender their primary dealer license in FY24

The number of primary dealers drops from 12 to 10 in the recent appointment 

Kashf Foundation issues first “Gender Bond” to empower women-led businesses

The bond, guaranteed by InfraZamin Pakistan, is expected to raise Rs 2.5 billion. But what will this bond do?

Steel industry cries foul against unregulated manufacturers in former FATA/PATA

Earlier, an industry association had claimed that steel manufacturers in the erstwhile  tribal regions have evaded taxes worth more than Rs 150bn. 
IPPs

NAB relaunches probe into alleged Rs500bn scam involving payments to favoured IPPs

The inquiry was prompted by the recently amended NAB Act of 2022,, could once again result in delay of payments.   

Karachi Port Trust increases its tariff after two decades 

The wet charges are set to be hiked after reductions over the past two decades 

With the IMF bailout secured, what will happen to Pakistan’s external account?

Pakistan has got the much awaited IMF agreement; so where do we now stand vis-à-vis default.

The budget has snuck in an advance tax on the registration of electric vehicles 

According to the Finance Act 2023, electric vehicles (EVs) with a value of Rs 50 lakhs or more will be subject to...

After 7 months, inflation sees a dip. But is it a cause for celebration?

While the improvement in headline YoY numbers is eye-catching, they are primarily based on a statistical artifact

Analysis: Has the PSX seen a rally like this before? 

As the stock market opened on the 3rd of July 2023, the index increased by 5.99% or by 2,481 points. This is...

PSX roars: The mechanics behind Monday’s Bull-run 

Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange.  

How damaging was Dar’s eight month delay? 

This might be our last real shot and structural reform, and there isn’t a lot of time left. But how will that go?

IMF deal comes through after eight months of will-they-won’t-they. What happens now? 

They say better late than never.  After more than eight months of delays, uncertainty, market confidence being shot, and the constant threat...

ECNEC approves key flood protection projects worth arabs of rupees

The Executive Committee of the National Economic Council (ECNEC) met under the leadership of Senator Mohammad Ishaq Dar, the Federal Minister for...