Economy Archives

In compliance with federal and provincial government, SBP has introduced measures for energy and fuel conservation in the banking sector

Chinese consortium of banks has also signed $2.3 billion loan agreement with Pakistan and inflow is expected within some days

Shaukat Tarin highlighted that the IMF demanded to match policy rate with headline inflation rather than the core inflation previously

The minister says the Fund had not demanded to increase the fuel prices, but it was a result of global inflation.

Auto assemblers in the country will likely experience a delay in the import of CKD (Completely Knocked-Down) kits.

Amid prevailing uncertainty, PKR declined around 16.5 percent against the USD and its performance has been marked as worst in whole Asia

Pakistan and IMF on Tuesday night reached an understanding on the federal budget for 2022-23, which lead to revival of the extended fund facility.

Monitoring Mission of European Union’s (EU) Generalized System of Preferences Plus (GSP+) is on visit to Islamabad for ten days

The minister vows to protect those with up to Rs1.2 million in annual earnings from income tax.

Former Chairman FBR blamed PML, PPP, MQM and Military for being intellectually corrupt and facilitating transfer of assets from Pakistan

Chairman HBL has been recognized for his support in bringing Pakistan to its final stage for exiting FATF’s grey list.

The expense of power generation in Pakistan increased by 131 percent from Rs. 5.7 kWh in May 2021 to Rs. 13.15 kWh in May 2022.