Private Sector Shifts to Net Borrowing Position
Pakistan’s private sector has shifted to a net borrowing position during the first four months of the current fiscal year,…
Pakistan Economy
PSX Plunges 3,560 Points Amid Panic Selling in Volatile October Trading
Pakistan’s benchmark KSE-100 index declined by 3,560 points, or 2.1 per cent, during October, closing the month at 166,409 points,…
Government Raises Rs1.9 Trillion Through Treasury Bills Auction
The government raised cut-off yields by as much as 61 basis points across all tenors in its latest Treasury bills…
Government Increases Petrol Price by Rs1.54 per Litre, High-Speed Diesel by Rs2.16
The government has increased the price of petrol by Rs1.54 per litre and high-speed diesel (HSD) by Rs2.16 per litre,…
Bank of Punjab Reports Earnings of Rs14.5 Billion
The Bank of Punjab announced its financial results following a meeting of its Board of Directors, which reviewed and approved…
Business Community Split Over Interest Rate Increase
Pakistan’s business community has expressed mixed views on the State Bank of Pakistan’s decision to raise the policy rate to…
Central Bank Increases Policy Rate by 50 Basis Points to 12%
The State Bank of Pakistan (SBP) has increased its policy rate by 50 basis points to 12 per cent, citing…
Stakeholders Expect State Bank to Tighten Monetary Policy in Upcoming Announcement
The State Bank of Pakistan’s (SBP) Monetary Policy Committee is scheduled to meet on Monday amid growing speculation in financial…
World Bank Says Accelerated Reforms Could Triple Pakistan’s Incomes by 2050
Pakistan could substantially improve living standards and potentially triple incomes by 2050 if it accelerates structural reforms and sustains economic…
IMF Projects 1.3% Economic Contraction in Pakistan Amid Iran War
The International Monetary Fund (IMF) has projected a 1.3 per cent contraction in Pakistan’s regional economic outlook this year, citing…