Govt’s Bank Borrowings Increase by 182% to Reach Rs. 3 Trillion
Bank lending to the federal government increased by 182% in the first nine months of the current fiscal year, while...
Pakistan took loans worth $5.58bn in 2022
Pakistan received $5.58 billion in loans from the Asian Development Bank (ADB) in 2022, making it the largest recipient of...
PIA, railways slash fares by up to 33%
On the occasion of Eid ul Fitr, Federal Minister for Railways and Aviation Khawaja Saad Rafique announced a cut in...
Rupee expected to hold steady against dollar after Eid break
During the Eid holidays, the rupee is projected to remain range-bound against the dollar, as importers and businesses are expected...
Pakistan and Saudi Arabia Expected to Sign $2 Billion Deposit Deal After Eid
Pakistan is hopeful that a deal for an additional $2 billion deposit from Saudi Arabia will be signed after Eid...
Forex reserves up by $400 million
Due to loan inflows, the country's total liquid foreign exchange reserves increased by $ 400 million in the last week....
Petrol subsidy won’t affect IMF loan programme: Musadik Malik
Musadik Malik, Minister of State for Petroleum, dismissed the International Monetary Fund's (IMF) objections to the proposed petrol subsidy plan,...
Rupee Continues to Strengthen Against US Dollar in Intra-Bank Market
During the early hours of trading on Thursday, the Pakistani rupee inched up by almost 0.17% against the US dollar,...
PSX experiences a bullish trend with KSE-100 index surging over 350 points
During the early hours of trading on Thursday, the Pakistan Stock Exchange (PSX) saw a positive trend as the KSE-100...
PM Shehbaz calls for fast-track implementation of solarisation project
Prime Minister (PM) Shehbaz Sharif recommended on Wednesday that the country's solarisation project be implemented as soon as possible by...