SBP expected to raise rates by 100-200bps today to tame surging inflation
The State Bank of Pakistan (SBP) looks set to raise its key policy rate at its review today (Monday), as...
Annual net forex savings could reach $1bn if domestic refineries operate at full capacity in Pakistan
Pakistan was one of the oil-importing nations that experienced hardship in 2022 as a result of rising commodity prices. Consumers...
Pakistan Assures IMF to Meet its Demands for Bailout Package Revival
Pakistan has formally assured the International Monetary Fund (IMF) to meet its demands for reviving the stalled loan programme. A...
Rupee continues to lose strength
Ahead of the restart of the International Monetary Fund's (IMF) lending program, the rupee continued to lose a little value....
Despite Govt ambitious goals, Pakistan’s IT exports dropped by 2%
Pakistan's information technology exports decreased by 2% year over year in December 2022, falling short of the government's ambitious target...
Weekly inflation increases to 31.83 per cent
According to data provided by the Pakistan Bureau of Statistics (PBS) on Friday, weekly inflation, as assessed by the Sensitive...
Rs200bn mini-budget on the cards to appease IMF
The federal government is all set to promulgate a Presidential Ordinance to impose taxes to the tune of Rs200 billion...
Textile sector warns of protest on untimely clearance of imported cotton
As Pakistan struggles to boost depleting Foreign exchange reserves, the textile owners threatened the government of staging a protest due...
Govt ready to meet all IMF demands to revive loan program
The government on Thursday invited the International Monetary Fund (IMF) to send a mission to Pakistan as soon as possible,...
World Bank rejects media reports indicating a delay in $1.1 Billion loans approval for Pakistan
The World Bank today dismissed as baseless the media reports that stated the WB had put off approving a $1.1...