IMF identifies flaws in Pakistan’s budget practices, calls for tighter fiscal controls Â
Report highlights unchecked supplementary grants accounted for 22% of budget, need for robust financial management reforms Â
PSX expected to advance at least 27% by end of 2025: Bloomberg
Equity market will be offering a 37% return including 10% dividend yield by end of 2025 because of economic stability and falling bond yields, report
Moody’s warns of rising social risks as Pakistan’s interest costs to hit 40% of spending in FY2025Â Â
Debt affordability, food security remain key challenges amid IMF conditions Â
Telenor Microfinance Bank secures $10mn equity boost, Easypaisa gears up for digital banking launchÂ
Shareholders reaffirm commitment to financial inclusion as TMB posts 374% YoY profit growth Â
Historic bull run tosses PSX above 95,000 mark for the first time
Market has been on winning streak for some weeks mainly due to increased investor confidence and improved economic indicators
Jazz invests Rs33 billion in 2024 to drive Pakistan’s digital growth
ISLAMABAD: Jazz, along with its subsidiaries JazzCash and Mobilink Microfinance Bank, has invested over Rs33 billion in the first nine months of...
CCP approves 50% acquisition of Total Parco by Swiss Gunvor Group
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 50 percent shareholding in M/s. Total Parco Pakistan...
Govt to unveil new economic roadmap, no new taxes planned, says Finance Minister
Finance Minister assures no new taxes to cover revenue shortfalls, highlights positive economic indicators and ongoing reforms.
PM Shehbaz Sharif vows strict action against tax evaders and abettors
Prime Minister urges swift measures to bring tax dodgers to justice, while highlighting economic progress and reforms.
FinMin discusses priority sector financing with SBP, PBA leaders
Minister calls for expedited implementation of short-term initiatives to boost inclusive and sustainable financial growth.
RDA inflows rise to $8.953 bn in Oct-2024
ISLAMABAD: The inflow of remittances under Roshan Digital Account (RDA) has risen to US $8.953 billion by the end of October 2024...
ADB delegation discusses management, governance initiatives with finance minister
ISLAMABAD: A delegation of the Asian Development Bank (ADB) led by Senior Director, Tariq H. Niazi called on Federal Minister for Finance...
Fauji Fertilizer raises offer price to acquire Agritech shares amidst competition
The revised bid increases the offer price for Agritech shares from Rs. 38.84 to Rs. 39.05, reflecting a strategic response to Maple Leaf Cement’s competing bid.
Pakistan’s power generation rises 7% in Oct
However, on a monthly basis, generation drops by 17.8% from 12,487 GWh (17,343 MW) in September
Pakistan’s cotton arrivals decline 33.6% YoY
Cotton arrivals see a slight uptick from 3.10 million bales on October 18 to 4.29 million bales by November 3, but the trend remains significantly below expectations