EconomyPakistan
Pakistan foreign debt increased further by 4 billion in first quarter of FY 2021 – 22
The government incurred foreign debt of $3.898 billion from multiplefinancing sources in the first four months (July-October) of 2021-22compared to...
EconomyPakistan
State Bank of Pakistan increases profit rates on saving accounts
The profit rate on savings accounts has increased by 1.5 percent to aminimum profit rate of 7.25 percent due to...
EconomyPakistan
Massive surge in automobile production in Pakistan
Automakers across Pakistan have been thriving despite persistentsupply-chain issues such as the shortage of the semiconductor microchip andraw materials, price...
EconomyPakistan
ECC of cabinet takes multiple important decisions
The Economic Coordination Committee of the Cabinet has recommended theallocation of six billion rupees funds for Balkasar -Mianwali road andMianwali-Muzaffargarh...
Economy
First mega hydropower project under CPEC started water storage
China says Karot hydropower project, after commissioning, would providestable and low price energy and help optimize the energy supply mix...
EconomyPakistan
IMF has set 5 conditions for revival of the Extended Fund Facility for Pakistan
ISLAMABAD – Pakistan and the International Monetary Fund have finallyreached a staff level agreement on policies and reforms to complete...
EconomyPakistan
Pakistani Rupee recovers back against the US dollar in interbank market
The Pakistani Rupee (PKR) continued to post strong gains against the USDollar (USD) and appreciated 46 paisas against the greenback...
EconomyPakistan
Three mega development projects worth Rs 60 billions recommended by CDWP
At a CDWP meeting presided over by the Deputy Chairman Planning Commission,Mohammad Jehanzeb Khan, three development projects with a cost...
EconomyPakistan
Governor State Bank of Pakistan gives warning
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has warned thatemerging markets are vulnerable to a taper tantrum-style shock...
EconomyPakistan
Foreign Direct Investment registers decline in Pakistan
The foreign investment has continued its declining trend with 4MFY22 netFDI standing 12 percent year-on-year lower led by a 23.7...