Jan CAD stands at $269m KARACHI: Pakistan has recorded current account deficit (CAD) of $269 million in January 2024 as compared to current... Updated 20 Feb, 2024 09:14am
Business & Finance BoI urged to set up portal with businessmen’s consultation KARACHI: Saquib Fayyaz Magoon, Acting President FPCCI, has said that the absence of a centralized, updated and... Published 31 Jan, 2024 05:22am
Business & Finance Policy rate likely to remain unchanged KARACHI: The State Bank of Pakistan (SBP) is most likely to maintain the policy rate at 22 percent in the next... Updated 06 Jan, 2024 09:47pm
Editorials Investment visas EDITORIAL: SIFC (Special Investment Facilitation Council) is in the news again, like it’s often been over the last... Published 18 Dec, 2023 06:42am
Pakistan ‘High external funding risks’: Fitch maintains Pakistan’s rating at CCC Notes there are risks pertaining to policy implementation as parties across the political spectrum have extensive record of failing to implement or reversing reforms agreed with the IMF Updated 13 Dec, 2023 05:56pm
Pakistan Pakistan’s current account deficit clocks in at $74m in October Total imports stand at $5.17bn against $5.35bn in the same period of previous year Updated 20 Nov, 2023 10:20pm
Print Financial account not positive enough to cancel out rise in CAD: economist ISLAMABAD: Pakistan’s financial account has not been positive enough to cancel out the increase in current account... Updated 18 Sep, 2023 09:24am
Pakistan Pakistan in ‘safe zone’: Ishaq Dar Finance Minister Ishaq Dar said on Tuesday that Pakistan is now in the ‘safe zone’ after efforts of the incumbent... Updated 18 Jul, 2023 06:11pm
BR Research SBP: hiding behind phantoms Policy discourse must always make room for objective assessment of goals set, and results achieved.The primary... Updated 12 Jul, 2023 12:20pm
Markets Lying in wait for IMF, Pakistani rupee witnesses record depreciation in FY23 Hammered by the deteriorating macroeconomic situation in the country, the Pakistani rupee witnessed a record level... Published 27 Jun, 2023 07:01pm
Opinion Power plant retirement policy There are plans to retire 19 power plants of an aggregate capacity of 7339 MW as per IGCEP (Integrated Generation... Published 26 Jun, 2023 06:38am
Opinion FY23: a very bad year for economy The Economic Survey of Pakistan (2022-23), released by the Ministry of Finance (MoF), as per tradition a day before... Published 23 Jun, 2023 06:00am
Print Jul-May period: C/A deficit narrows by 81pc on lower import bill KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the... Updated 20 Jun, 2023 09:00am
Markets KSE-100 closes with over 500-point gain as investors cheer current account surplus Corporate results also help market sentiment that has been dented over delay in revival of IMF programme Updated 20 Apr, 2023 02:59pm
Business & Finance Realisation of export proceeds: Towel manufacturers criticise SBP circular KARACHI: Syed Usman Ali, Senior Vice Chairman of Towel Manufacturers Association of Pakistan has expressed deep... Published 13 Apr, 2023 06:37am
Markets Overseas workers' remittances up 27.4% MoM, clock in at $2.5bn in March Inflow highest since August 2022, attributed to Ramadan factor Cumulative figure for July to March 2022-23 stands at $20.527bn, 10.8% lower year-on-year Updated 10 Apr, 2023 04:13pm
Markets SBP raises key policy rate by 100 basis points, takes it to 21% MPC statement says there are early indications of inflation expectations plateauing, albeit at an elevated level Updated 04 Apr, 2023 07:32pm
Markets Rupee continues to fall, settles at 282.3 against US dollar Currency loses 1.13% against US dollar in inter-bank market Updated 09 Mar, 2023 06:50pm
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Markets KSE-100 falls over 1% owing to economic uncertainty Stalemate over IMF programme, rumours of interest rate hike by SBP keep investors on sidelines Published 20 Feb, 2023 06:59pm
Pakistan Pakistan’s current account deficit shrinks 90% YoY to $0.24bn in January: SBP Deficit during 7MFY23 reduces over 67%, clocks in at nearly $3.8bn Updated 20 Feb, 2023 07:10pm
Markets Debt reprofiling viable option for Pakistan under IMF watch: report Arif Habib Limited says Pakistan has a long way to go to address macroeconomic vulnerabilities Updated 07 Feb, 2023 04:08pm
Print Policy rate hiked to 17pc to rein in soaring inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ... Updated 24 Jan, 2023 09:05am
Markets SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high Governor SBP Jameel Ahmad announces decision at press briefing following the meeting Updated 23 Jan, 2023 10:04pm
Markets Current account deficit recorded at $0.4 billion in Dec 2022: SBP Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year Published 18 Jan, 2023 09:23pm
World Citi cuts India current account deficit forecast to below 3% of GDP MUMBAI: Citigroup lowered its projection for India’s current account deficit (CAD) to 2.9% of gross domestic product... Published 04 Jan, 2023 05:39pm
Pakistan Floods, political instability have taken heavy toll on economy: experts KARACHI: The economic outlook of the country has deteriorated significantly owing to the floods and political... Published 03 Jan, 2023 03:25am
Markets Arif Habib Limited expects KSE-100's recovery in 2023 Despite a poor show in 2022, one of Pakistan’s prominent brokerage houses expects the benchmark KSE-100 Index to... Updated 02 Jan, 2023 03:42pm
Opinion 2023: Disappointments & hopes Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of... Updated 30 Dec, 2022 06:45am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am