The State Bank of Pakistan has cut the policy rate by 100 bps to 12 percent. The decision was made during the meeting of the Monetary Policy Committee in Karachi
Prime Minister Shehbaz Sharif on Monday assured extensive efforts of the incumbent government to ensure ease of doing business and trade facilitation to businessmen for reviving economic growth. The prime
Pakistan has agreed terms for a one billion dollar loan with two Middle Eastern banks at a six to seven percent interest rate. This has been stated by Finance Minister
Finance Minister Muhammad Aurangzeb says Pakistan plans to launch Panda Bond by June this year with an aim to enhance country's presence in China's capital markets. In an interview with
Services exports increased by seven point eight percent in the first five months of the current fiscal year due to cooperation of Special Investment Facilitation Council (SIFC). By exporting IT
The sale of motorbikes and three-wheelers in the country has witnessed an increase of 28.53 per cent during the first six months of the current fiscal year (2024-25) as compared
Prime Minister Muhammad Shehbaz Sharif on Thursday welcomed the launch of international logistics company Menzies Aviation in Pakistan hoping that it would help promote new technology, attract international investors and
The National Assembly was informed today that the government will not purchase electricity after March this year as authorization has been given for the creation of an Independent Electricity Market.
The federal cabinet on Tuesday approved the power division’s recommendation to revise the agreements (negotiated settlement agreements) with 14 Independent Power Producers aimed at reducing electricity costs and saving Rs
The Indian rupee plummeted to an all-time low of INR 86.59 against the U.S. dollar, prompting fierce criticism from Opposition leaders who accused the Narendra Modi-led government of economic mismanagement