Govt aims to bring about economic, fiscal stability: Miftah
Federal Minister for Finance and Revenue, Miftah Ismail said Saturday that the government was aiming to bring about economic and fiscal stability...
Banks’ deposits rise 2.9pc MoM to Rs20.5tr in March
The total deposits held by banks have shown a growth of 2.9 percent on a month-on-month (MoM) basis to reach Rs20.47 trillion...
IMF asks Pakistan to end fuel subsidy, exemptions to revive loan program
As the multiparty coalition government is going to approach the International Monetary Fund (IMF) for revival of the derailed loan program, the...
Pakistani banks may feel heat of Sri Lanka’s default
Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at stake due to...
POL import bill surge 96pc to $14.812bn in 9 months
The imports of overall petroleum group witnessed an increase of 96.09 percent during the first nine months of the current fiscal year...
Govt likely to present next fiscal year’s budget in May 2022
The Pakistan Muslim League Nawaz government is likely to present the next fiscal year's budget in May.
Sources said that the economic team...
LSM grows 4.6pc in 8 months, 8.4pc in February
Large Scale Manufacturing Industries (LSMI) production grew by 4.6 percent during the first eight months of the current fiscal year (2021-22) as...
Supernet book-building done and dustedÂ
Supernet Limited, a subsidiary of Telecard Limited, has successfully crossed the Rs475 million it had initially targeted from its initial offering at...
Tiger Global backs Pakistan’s B2B procurement and financing platform Zaraye in $2.1m round
In September 2021, Ahsan Ali Khan, Hashair Junaid, and Taha Iqbal envisioned making procurement of raw materials for buyers and sellers efficient...
Fact check: Pakistan’s total reserves stand at $17bn not $22bn
A number of viral tweets have been going around claiming that at the time of Prime Minister Imran Khan’s departure from the...
Inflation will not be reduced in the coming months: PML-N
The economic team of the Pakistan Muslim League Nawaz in a briefing said that inflation will not be reduced in the coming...
Economic takeaways from the new PM’s speech in parliament
After weeks of political turmoil in the country that led to a constitutional crisis and culminated in the removal of Imran Khan...
Debt to GDP ratio falls to 72pc in FY21, 67pc till Dec FY22
Public debt, as a percentage of Gross Domestic Product (GDP), decreased to 72 per cent during the fiscal year 2021, from 76.6...
PSX gains 658 points as bulls stage comeback
Pakistan Stock Exchange (PSX) turned bullish on Friday, a day after the Supreme Court ruled to end political uncertainty in the country,...
SBP hikes policy rate by 250 bps to 12.25%
In an emergency meeting, the State Bank of Pakistan announced a 250 bps policy rate hike bringing the policy rate to 12.25%.
In...