SBP's profit declines Published 31 Oct, 2021 04:05am According to a Business Recorder news item, State Bank of Pakistan's (SBP's) profit declined sharply 35 percent...
Agri credit disbursement reaches Rs1.366trn despite Covid-19 challenges Published 10 Aug, 2021 04:39am KARACHI: Despite the ongoing challenges posed by Covid-19 pandemic and climate change, credit disbursement by the...
LNG sector in Pakistan — VI Published 10 Aug, 2021 04:39am The recent slump in the global LNG market during the Covid-19 outbreak also validated the need to reassess the price...
C/A surplus turns to deficit on higher import bill Updated 20 Jul, 2021 09:34am Country's import bill for the last month of FY21 was $6.32 billion Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20
FDI down 29pc in FY21 on fall in Chinese investment Updated 17 Jul, 2021 10:33am KARACHI: Foreign Direct Investment (FDI) posted a decline of 29 percent during the last fiscal year (FY21) as ...
Economic recovery gathers momentum in Q3FY21: SBP Updated 17 Jul, 2021 10:08am KARACHI: The State Bank of Pakistan (SBP) Friday said there was growing evidence that the economic recovery gathered...
SBP foresees surge in current account deficit, inflation Updated 17 Jul, 2021 10:35am Major downside risk to overall growth outlook for FY22 is the ongoing third and potentially additional waves of Covid-19 While remaining bounded, the current account deficit is expected to rise, mainly due to a further widening in the trade deficit
Remittances hit all-time high of $29.4bn Published 14 Jul, 2021 04:34am KARACHI: Inflows of workers’ remittances rose to a historic level of $29.4 billion during the last fiscal year...
VIS upgrades BoK’s long-term entity rating Published 01 Jul, 2021 04:10am KARACHI: The VIS Credit Rating Company Limited (VIS) has upgraded medium to long term entity rating of The Bank of...
Jul-Apr CA stays in surplus Published 26 May, 2021 03:45am KARACHI: The country’s current account remained in surplus during the first 10 months of this fiscal year ...
$24.2bn in 10 months: PM thanks expatriates for record remittances Updated 19 May, 2021 10:13am ISLAMABAD: Prime Minister Imran Khan Tuesday thanked the overseas Pakistanis for sending record remittances of $24.2...
Fitch cuts outlook on Kuwait's debt rating to 'negative' Published 03 Feb, 2021 11:49am Fiscal deficits will likely remain in the double digits in the medium to long term and lead to a gradual, but steady deterioration of Kuwait's balance sheet strengths, it said.