Economy
SBP reacts on media reports of unsafe money above Rs 5 lakh in Pakistani Banks
State Bank of Pakistan, while providing clarification, stated thatPakistan’s banking system is stable and the deposit system is secure. Thereis...
Economy
Gold Rates in Pakistan register massive single day decrease
In the local currency exchange market, the trend of decreasing gold pricescontinues today. According to media reports, after a decrease...
EconomyPakistan
SBP important decision on hike in interest rate
On Wednesday, during a Senate Standing Committee on Finance meeting inIslamabad, the Ministry of Finance expressed its opposition to raisingpolicy...
EconomyPakistan
In a worst economic setback, Pakistan s debts reach alarming levels
In August 2023, the total public debt of the federal government surged by29 percent compared to the same month in...
EconomyPakistan
How much debt did the government take in 1 year? State bank reveals
The State Bank of Pakistan has released details of the loans taken by thegovernment in the past year. According to...
EconomyPakistan
US Dollar to hit low of Rs.250 against Pakistani Rupee : Reports
Former Chairman of the FBR, Shabbar Zaidi, has stated that if stringent measures continue, the exchange rate may drop below...
Economy
After a long time, huge achievement for Pakistan on economic front
The European Parliament of the European Union has opted to extend theGeneralised Scheme of Preferences-Plus (GSP+) rules until 2027, asannounced...
EconomyPakistan
COAS, PM Kakar aims for 25billion investment in Pakistan
In the meeting of the ISI FC Apex Committee, Army Chief General Syed AsimMunir proposed special participation, which includes incorporating...
EconomyPakistan
Scandal unveiled: PDM Government use of billions in public funds
The revelation has been made that favored constituencies in the PDMgovernment have been allocated billions in public funds. It has...
EconomyPakistan
In another economic setback, Pakistan s oil sector at lowest point since COVID-19
In September, Pakistan’s oil sector faced a severe setback, hitting itslowest point since the COVID-19 lockdown in March 2020. Data...