Outlook for inflation The statement released recently by the Monetary Policy Committee of the SBP (State Bank of Pakistan) indicates that... Published 19 Dec, 2023 05:20am
Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Print World Bank projects drop in remittance flows ISLAMABAD: The World Bank has projected a drop in remittance flows to Pakistan to $24 billion in 2023 and further... Updated 19 Dec, 2023 09:32am
Business & Finance Jul-Nov borrowing down $0.829bn to $4.285bn YoY ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months... Updated 19 Dec, 2023 09:41am
Markets Another positive week KARACHI: The rupee witnessed another positive week as it appreciated Re0.61 or 0.21% against the US dollar in the... Published 18 Dec, 2023 06:42am
Opinion Charter of economy: a non-starter The concept of all political parties signing off on a charter of the economy has been consistently raised by the... Updated 18 Dec, 2023 07:03am
Editorials Fitch maintains rating EDITORIAL: Fitch has maintained Pakistan’s rating at CCC positive — a rating that has been stable since 10 July... Published 18 Dec, 2023 06:42am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 16 Dec, 2023 05:49am
Business & Finance IMF denies it plans to ask Pakistan to raise taxes on salaries KARACHI: The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports... Published 16 Dec, 2023 05:49am
Pakistan IMF denies it plans to ask Pakistan to raise taxes on salaries: representative Media reports had been circulating stating that IMF asked Pakistan to cut number of tax slabs for salaried and business class from existing seven to four Published 15 Dec, 2023 10:25pm
Markets Bulls return to PSX as KSE-100 ends with 680-point gain The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed higher by over 1% on Friday as bulls dominated at... Updated 15 Dec, 2023 10:05pm
Pakistan Nawaz optimistic about electoral prospects LAHORE: PML-N supremo Nawaz Sharif has expressed optimism that the countrymen will support his party on February 8... Published 15 Dec, 2023 03:12am
Pakistan PML-N blames PTI for delaying general polls LAHORE: The Pakistan Muslim League-Nawaz (PML-N) on Thursday blamed the Pakistan Tehreek-e-Insaf (PTI) of hatching a... Published 15 Dec, 2023 03:12am
Opinion Misplaced optimism about economy Given elections are scheduled for early February, a few months into 2024 spring will bring into public life a new... Published 15 Dec, 2023 03:12am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 15 Dec, 2023 03:12am
Opinion Pakistan’s promising economic outlook The finance division’s ‘monthly economic outlook report’ for the month of November reveals that Pakistan’s... Published 14 Dec, 2023 05:24am
Editorials Monetary policy blues EDITORIAL: The Monetary Policy Committee (MPC) in its meeting of 12 December 2023 kept the discount rate unchanged... Published 14 Dec, 2023 05:24am
Print World Bank says external debt stocks at $126.942bn by end 2022 ISLAMABAD: The World Bank (WB) has estimated Pakistan’s total external debt stocks at $126.942 billion by end 2022... Updated 14 Dec, 2023 08:55am
Business & Finance Fitch maintains foreign currency IDR rating at CCC ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at... Published 14 Dec, 2023 05:24am
World IMF, World Bank announce $4.5 billion debt relief for Somalia NAIROBI: Somalia reached the end of a debt forgiveness initiative on Wednesday overseen by the International... Published 13 Dec, 2023 11:46pm
BR Research MPS: A prudent decision SBP has maintained the policy rate at 22 percent. It’s a wise decision. SBP expects inflation to taper off in the... Published 13 Dec, 2023 09:11am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 13 Dec, 2023 05:33am
Print IMF review: MoF takes step towards ensuring desired outcome Second review under IMF's $3 billion Stand-By Arrangement (SBA) is expected to take place in February 2024 Updated 13 Dec, 2023 12:03pm
Editorials Sensitive price index: roiling resurgence? EDITORIAL: The Sensitive Price Index (SPI) for the week ending 7 December 2023 against the week ending 30 November... Published 13 Dec, 2023 05:33am
BR Research Remittances – no high hopes Remittances numbers announced recently have been disappointing. They might have posted a growth of around 4 percent... Published 12 Dec, 2023 09:10am
Opinion Mixed economic trends The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was... Published 12 Dec, 2023 05:28am
Editorials Modest upturn in the economy EDITORIAL: The stock market benchmark, yet again, crossed another psychological barrier, this time of 66,000 points,... Published 12 Dec, 2023 05:28am
Business & Finance Economic fragmentation could cut global GDP by 7pc: IMF WASHINGTON: The International Monetary Fund’s No. 2 official on Monday warned that fragmentation in the global... Published 12 Dec, 2023 05:28am
Business & Finance SBP may hold rates steady as inflation seen easing KARACHI: Central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with... Published 12 Dec, 2023 05:28am
World IMF chief Georgieva to meet with Ukraine’s Zelenskiy on Monday: IMF spokesperson WASHINGTON: International Monetary Fund (IMF) chief Kristalina Georgieva will meet with Ukrainian President... Published 11 Dec, 2023 11:52pm