Business
SBP confirms the choice to use new currency notes was not influenced by the IMF.
February 2, 2024
SBP confirms the choice to use new currency notes was not influenced by the IMF.
In response to recent rumours, Saleem Ullah, the deputy governor of the State Bank of Pakistan (SBP), said on Thursday…
Pakistan’s MoM exports increased by 26.9% to $2.786 billion.
February 1, 2024
Pakistan’s MoM exports increased by 26.9% to $2.786 billion.
ISLAMABAD From $2.195 billion in January 2023 to $2.786 billion in January 2024, Pakistan’s exports climbed by 26.9%. Gohar Ejaz,…
The IMF and Pakistan “share” a power rate arrangement.
February 1, 2024
The IMF and Pakistan “share” a power rate arrangement.
ISLAMABAD: According to reports cited by ARY News, Pakistan has provided the International Monetary Fund with a proposal for power…
Create banknotes and make money: SBP’s newest contest
January 31, 2024
Create banknotes and make money: SBP’s newest contest
The State Bank of Pakistan (SBP) invited designers, artists, and art students to submit their ideas for new currency designs…
Debt servicing up by 74% in first five months of FY24
January 25, 2024
Debt servicing up by 74% in first five months of FY24
Revenue surplus generated by the provinces declines as well. Increasing markup payments a challenge for govt. SBP’s Monetary Policy Committee…
Pakistan green lights live cattle import from Brazil
January 25, 2024
Pakistan green lights live cattle import from Brazil
Brazil also received green light to export tilapia fish to Philippines. Brazil exported total of nearly $489 million in live…
Petrol, diesel prices likely to witness sharp increase in next review on Jan 31
January 25, 2024
Petrol, diesel prices likely to witness sharp increase in next review on Jan 31
Petrol, HSD expected to go up by Rs7 per litre each on Jan 31, 2024. Domestic prices slashed several times…
Apple to resume sales of watches without blood oxygen feature
January 18, 2024
Apple to resume sales of watches without blood oxygen feature
Apple plans to remove a blood oxygen monitoring feature from two flagship Apple Watch models in the United States amid…
SIFC directives: New power tariff to be introduced after IMF nod
January 18, 2024
SIFC directives: New power tariff to be introduced after IMF nod
Govt to get a nod from IMF to accelerate economic growth. Power Division completes task of restructuring existing power tariff.…
Election uncertainty may dampen foreign investment in Pakistan: World Bank
January 11, 2024
Election uncertainty may dampen foreign investment in Pakistan: World Bank
Fiscal vulnerabilities could weakened due to increase in spending. WB says GDP growth to stand at 1.7% during FY24. Projects…