Following the withdrawal of its import guideline, the State Bank of Pakistan’s (SBP) Monetary Policy Committee resolved in an emergency meeting on Monday to raise the policy rate by 100 basis points (bps) to 22%.
Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...
ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing...
Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank Group and International Monetary Fund...
Prime Minister Shehbaz Sharif has announced that the Islamic Republic of Iran and the United States, along with their allies,...
Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...
Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...
