Pakistan’s economy moving in the right direction, says Tarin

Finance Minister Shaukat Tarin in a press conference held at the Press Information Department (PID) on Wednesday, discussed the current economic situation...

SBP keeps policy rate unchanged at 9.75pc

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy rate at 9.75 per...

Pakistan will exit FATF grey list this year: Tarin

Finance Minister also casts doubts on independence of FATF

Chief Secretary Punjab orders deflation

Transportation fares and prices of essential food items to be reduced in line with reduction in petrol prices, smuggling of wheat and fertiliser to be curbed.

Are we heading towards another petrol crisis?

Another fuel crisis might be on the cards in the wake of the Hascol scam case, as the State Bank of Pakistan...

Blowout on Pakistani bonds

Turmoil in the foreign capital markets hit Pakistan’s bonds all last week with sharp sell offs coming on Friday. Bid yields on...

Was IMF approval taken before launching the massive subsidy plan?

Conversations with members of the Prime Minister’s Economic Advisory Council (EAC) suggest the IMF may not have been consulted before the Rs250...

FBR exceeds July-February target, collects Rs3.79tr

As per the provisional data released by the Federal Board of Revenue (FBR), the tax authority has exceeded the target of Rs3.53...

Stung by criticism, Khan rolls out massive subsidy plan

In a surprise move, Prime Minister Imran Khan announced a massive cut of Rs10 per litre in the price of petrol and...

What big announcement is Imran Khan going to make?

Prime Minister Imran Khan will address the nation today at 6pm and is expected to make important announcements including an expected reduction...

NBP fined over $55mn for anti money laundering violations, compliance failures in US

The US Federal Reserve Board on Thursday announced a $20.4 million penalty against the National Bank of Pakistan (NBP) for violation of...

Current account deficit hits $2.6bn

Current Account Deficit (CAD) clocked in at $2,556 million for the month of Jan '22 compared to deficit of $219 million during...

KSE 100 recovers with tea maker buy-back, UBL financials

On February 23, the three indices used to reflect the Pakistani stock market and its performance, exhibited sharp decline for the first...

PM approves reforms for freelance, IT sector

Prime Minister Imran Khan on Tuesday, approved multiple reforms to facilitate the IT, freelancer and startup sector. Included in the reforms were...

MCB allowed due diligence to acquire 55pc stake in Easypaisa

The State Bank of Pakistan (SBP) has granted conditional approval to MCB Bank to conduct due diligence for a potential transaction for...