Pakistan’s Current account posted a surplus of $128Mn in Feb
Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...
IMF and Pakistan has reached a staff level agreement on final bailout review
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...
MPC decided to hold the Policy rate steady at 22%
The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today.
The MPC noted that despite...
MLCF’s subsidiary Novacare to build hospital with $110Mn investment
Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
Gold price in Pakistan drops by Rs4,500 per tola in January
Domestic bullion has started 2024 on a negative note as the price of 24-karat gold has dropped by Rs4,500 per tola to Rs215,500 in...
Govt jacks up Petrol price by Rs13.55 per litre
The caretaker government on Wednesday hiked the price of petrol by Rs13.55 per litre for the next fortnight.
The new price of petrol is now...
IMF’s review mission expected to visit Pakistan after Feb 8 polls
A review mission of the International Monetary Fund (IMF) is likely to be dispatched to conduct talks with Islamabad after Pakistan's much anticipated general...
Pakistan Gold Imports Decline 6% In First Half of Fiscal Year...
The imports of gold decreased by 6.02 percent for Pakistan during the first half of the current fiscal year as compared to the corresponding...
Nawaz seeking 4th time in office via backdoor: Bilawal
Bilawal Bhutto Zardari, the Pakistan Peoples Party (PPP) chairman and former foreign minister, has cast aspersions over PML-N supremo Nawaz Sharif’s bid to become...
Banking Sector spread inched up by 1.4% on YoY basis in...
As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
