Widening C/A deficit EDITORIAL: The current account deficit for the first 11 months of the current year has risen to 15.2 billion dollars... Updated 30 Jun, 2022 06:28am
Pakistan Macroeconomic imbalances challenging Pakistan’s economic growth: MoF Inflation may increase after pass-through of international oil prices to domestic energy products, says finance ministry's monthly 'Economic Update and Outlook' report Updated 29 Jun, 2022 06:32pm
Print Combined 7th, 8th reviews: MEFP received from IMF, says Miftah ISLAMABAD: Finance Minister Miftah Ismail has stated that Pakistan has received a memorandum of economic and... Updated 29 Jun, 2022 09:38am
Opinion How can Pakistan avoid Sri Lanka’s path? Pakistan continues to burn its foreign exchange at an alarming rate and is exhausting all of its hopes to turn ... Published 29 Jun, 2022 05:44am
Print July-May period: C/A deficit crosses $15bn mark KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this... Updated 29 Jun, 2022 09:50am
Business & Finance IT exports remittances surge to all-time high ISLAMABAD: The Information Technology (IT) exports remittances including telecommunication, computer, and ... Updated 29 Jun, 2022 10:30am
Markets Pakistan’s REER drops to 93.57 in May A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 28 Jun, 2022 05:58pm
Pakistan Pakistan's current account deficit clocks in at $1.43bn in May 2022 Deficit 131% higher on monthly basis as it amounted to $618mn in April 2022 Updated 28 Jun, 2022 07:06pm
Markets Delay in Forex payment: PMLTC seeks help of Chinese embassy ISLAMABAD: M/s Pak Matiari-Lahore Transmission Company (Private) Limited (PMLTC) has approached the Chinese embassy... Published 28 Jun, 2022 06:10am
Business & Finance FE-25 Deposits: SBP revises currency-wise reporting format KARACHI: The State Bank of Pakistan (SBP) has revised the format for currency-wise reporting of FE-25 Deposits. All... Published 28 Jun, 2022 06:10am
Business & Finance Collection of govt receipts/duties/taxes: Concerned branches to open on 29th & 30th KARACHI: The State Bank of Pakistan (SBP) announces opening of concerned branches for collection of government... Published 28 Jun, 2022 06:10am
Markets Rupee depreciates marginally against US dollar Closes at 207.94 in inter-bank market on Monday Updated 27 Jun, 2022 07:30pm
Pakistan PIDE launches research study on housing shortages PESHAWAR: The Pakistan Institute of Development Economics (PIDE) has launched a latest research study titled “The... Published 27 Jun, 2022 06:06am
Markets PKR loses its value in four of five sessions KARACHI: The rupee closed last week with a 0.61% gain against the US dollar, but not before it had plummeted to its... Published 27 Jun, 2022 06:06am
Business & Finance Supertax timing nullified benefit of Chinese loan: PIAF LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) newly-elected Chairman Faheem Ur Rehman Saigol... Published 27 Jun, 2022 06:06am
Print FSC judgement in riba case: SBP says has moved SC for guidance KARACHI: The State Bank Pakistan (SBP) on Saturday announced that it has approached the Supreme Court for guidance... Updated 26 Jun, 2022 10:45am
Business & Finance Riba-based banking: SBP seeks guidance from Shariat Appelate Bench of Supreme Court Requests guidance in implementation, practicalities of ending interest-based banking system Updated 25 Jun, 2022 08:16pm
Opinion Challenges beyond IMF There is a widespread perception that the revival of the stalled IMF programme will help Pakistan move out of its... Published 25 Jun, 2022 04:42am
Pakistan PTI says govt step to rattle economy ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lambasted Shehbaz Sharif-led coalition government on Friday for imposing a... Updated 25 Jun, 2022 09:41am
Print Chinese loan to help stabilise falling reserves KARACHI: The much-awaited Chinese inflows amounted $2.3 billion were received on Friday to boost the sliding foreign... Updated 25 Jun, 2022 11:35am
Pakistan Loan of $2.3bn from China credited into SBP account, says Miftah Ismail SBP also confirms it has received the Chinese consortium loan Assistance expected to lend support to dwindling foreign exchange reserves Updated 24 Jun, 2022 08:41pm
Opinion Economy: bleak scenario Our current grim economic situation is a result of multiple factors—undoubtedly some decisions/inactions by the... Published 24 Jun, 2022 06:15am
Business & Finance Forex reserves down $733m on debt servicing KARACHI: The country’s total liquid foreign exchange reserves further declined by $733 million in a week due to... Published 24 Jun, 2022 06:15am
Business & Finance Only seven SPVs registered with SECP since promulgation of ‘The Companies (ABS) Rules’ ISLAMABAD: Only seven Special Purpose Vehicles (SPVs) have been registered with the Securities and Exchange... Published 24 Jun, 2022 06:15am
Business & Finance IMF deal to bring stability, says Mian Zahid KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 24 Jun, 2022 06:15am
Markets Critical level: SBP-held foreign exchange reserves plummet to $8.24bn Massive decrease of $748mn occurs on a weekly basis SBP says reserves expected to increase in coming days on realisation of proceeds of CDB loan Published 23 Jun, 2022 07:34pm
Business & Finance 20 applications received for digital banking licence: SBP KARACHI: In contrast to the five licences for digital banking that were advertised as being issued soon to ... Updated 23 Jun, 2022 01:40pm
Print Banking sector: SBP announces steps aimed at conserving energy, fuel KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced measures to conserve energy and fuel in the banking... Updated 23 Jun, 2022 10:05am
Business & Finance Record $57m landed in RDAs, says PM ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday thanked overseas Pakistanis for sending $ 57million inflow, ... Published 23 Jun, 2022 06:05am
Markets Rupee ends lower against US dollar after intra-day improvement Hype over progress with IMF fails to stop rupee's slide, currency depreciates for 9th successive session Updated 22 Jun, 2022 06:48pm