EconomyPakistan
Pakistan current account hits deficit after a surplus steak of 5 months
The current account is finally in deficit after a surplus streak of 5months. It stood at $662 million in December;...
EconomyPakistan
State Bank of Pakistan announces new policy rate for the next quarter
The State Bank of Pakistan (SBP) has decided to keep the policy rateunchanged at 7 percent. This was revealed by...
EconomyPakistan
PM Advisor reveals good news on the economic front for Pakistan
The Advisor to the Prime Minister on Commerce and Investment, Abdul RazakDawood, held a consultative meeting at the Ministry of...
Economy
Despite massive debt servicing, Pakistan foreign Exchange Reserves hit 20 billion
ISLAMABAD – Minister for Industries Hammad Azhar has said the State Bank ofPakistan has foreign exchange reserves of twelve to...
Economy
ECNEC approves multiple mega infrastructure projects worth billions of rupees
Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaireda meeting of the Executive Committee of the National Economic...
EconomyPakistan
Rs 657 billion loans deferred by State Bank of Pakistan to protect businesses
ISLAMABAD: The State Bank of Pakistan (SBP), under its refinancing schemefor protecting businesses from the impact of COVID-19, has so...
EconomyPakistan
Gold imports in Pakistan suffer massive decline
ISLAMABAD: The gold imports into the country decreased by 52.17 percentduring the first half of the current fiscal year as...
Economy
Pakistan current account register decline over massive foreign debt repayments
KARACHI: The State Bank of Pakistan (SBP) has shared Wednesday monthlynumbers of Balance of Payments noting current account of Pakistan...
EconomyPakistan
In a first, PTI government approves new investment policy in Pakistan
The government has approved a draft policy on equity investment abroad byresidents/firms, which caters to the needs of the business...
EconomyPakistan
PTI government yet another initiative on the economic front through SBP
The State Bank of Pakistan (SBP) had received requests for Rs. 610.2billion until 7 January 2021, under the Temporary Economic...