Govt Decides to Shut Down Utility Stores Corporation
The federal government has decided to shut down the Utility Stores Corporation (USC) as part of its strategy to withdraw
High Construction Costs and Reduced Purchasing Power Hit Pakistan’s Real Estate Market
The real estate market in Pakistan is grappling with significant economic challenges, including high construction costs and diminishing purchasing power,
Pakistan Has Paid Over $2.4 Billion Interest on IMF Loans So Far
Pakistan has paid $2.4 billion in interest on loans from the International Monetary Fund (IMF) to date, as reported by
SBP Reserves Increase by $19 Million in One Week
The State Bank of Pakistan (SBP) reported a weekly increase of $19 million in its foreign exchange reserves, according to
Finance Minister Engages Middle Eastern Banks for $4 Billion Loan
Pakistan is in advanced talks with Middle Eastern banks to secure $4 billion in loans, aiming to fulfill its external
Pakistan’s Global IT Market Share Remains Below 0.04%
The Senate Standing Committee on Information Technology and Telecommunication was informed on that Pakistan’s share in the global IT market
PM Shehbaz to Unveil 5-Year Economic Revival Plan Soon
Prime Minister Shehbaz Sharif announced to unveil a comprehensive five-year economic revival strategy in the coming weeks. Speaking at the
Pakistan’s NBFI Assets Near Rs. 4 Trillion Mark
The total assets of Pakistan’s non-banking finance industry (NBFI) have reached Rs 3,978.30 billion as of June 30, 2024, according
ECC Approves Supplementary Grant of Rs.20 Billion For Operation Azm-e-Istehkam
The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of
KIBOR Falls Following Domestic Bond Auction, Signaling Potential Interest Rate Cut
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a key benchmark for lending rates to consumers and businesses, saw a significant
