PTI Govt borrowing Rs17.6 billion per day, official report
ISLAMABAD:- The Federal Government’s debt stock excluding IMF loan and other liabilities swelled by 10 percent (Rs3.7 trillion) to Rs42.4…
State Bank announces incentives for Forex Companies
KARACHI (our reporter):- In order to enhance the flow of home remittances through formal channels and improve foreignexchange liquidity in…
IMF Executive Board meeting delayed again on Pakistan’s request
ISLAMABAD (Eshfak Mughal):- The International Monetary Fund (IMF) has further delayed its Executive Board meeting to 2nd Feb on the…
Pakistan’s Central Bank maintains interest rate at 9.75 percent
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 9.75 percent due to prevailing…
Current account deficit swelled over $9 bln in 1st half of FY22
ISLAMABAD The current account deficit has continued to balloon in recent months due to the higher import bill, surging over…
Business closure not option to prevent Omicron, Cabinet resolves
ISLAMABAD (our reporter):- The Federal Cabinet has decided to take steps for ensuring implementation of SOPs instead of close the…
Reasons of recent high growth in worker’s remittances in Pakistan
ISLAMABAD (Eshfak Mughal):- The Covid-19 pandemic and high inflation rate in the country are main contributors in the recent rising…