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...
Power tariff: Timely adjustments critical to energy sector viability: IMF
Timely adjustments in electricity tariff are critical to restore energy sector viability while maintaining a progressive structure to protect the most vulnerable households.
This was...
IMF asks for another hike in gas prices
International Monetary Fund (IMF) projected that November 1, 2023, gas tariff raise will add to headline inflation in coming month and asked for a...
Pakistani Rupee’s unbeaten streak reaches 10 weeks against USD
The Pakistani rupee (PKR) sustained its upward momentum during the outgoing week and gained 46 paisa to settle at PKR 279.9, as compared to...
Pakistan’s Fuel Oil Exports Hit All-time High in Dec As Domestic...
Pakistan's fuel oil exports rose to an all-time high in December amid declining demand from domestic utilities as the country focuses on alternate fuels...
Toshakhana reference: Witness admits jewellery item’s specification list not provided to...
A witness has admitted that the specification list of the jewellery item was not provided to the investigation officer (IO) of the Toshakhana reference...
IMF Sees Rupee To Fall To 322 Against Dollar By June...
Washington DC January 20 2024: International Monetary Fund predict the Pakistan Rupee for current fiscal year (2024) to close at 322 against dollar in...
