News Desk

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Economy

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...
IT
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Freelancers In Pakistan To Receive Payment Through PayPal 

The Caretaker Federal Minister for Information Technology and Telecommunication Dr Umar Saif on Sunday announced that freelancers would now receive their payments through PayPal.In...
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Pakistan’s IT Exports Hit All Time High of $303Mn In December

Pakistan earned USD 303 million by providing different Information Technology (IT) services in various countries during the month of December 2023, according to data...
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Pakistan faced worst economic crisis in 2023, says Human Rights Watch

Pakis­tan faced one of the worst economic crises in its history in 2023 with poverty, inflation and unemployment soaring, jeopardising millions of people’s rights...
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Pakistan & Dubai sign over $3bn investment pact

Pakistan and Dubai have inked a more than $3 billion investment pact in diverse fields including cooperation in railways, economic zones, and infrastructure development. The...
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Weekly SPI surged by 0.34%

Pakistan's weekly inflation rose for the fourth consecutive week, with the Sensitive Price Indicator (SPI) for the Combined Group increasing by 0.34% WoW during the week...
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Gold prices in Pakistan decline for second consecutive day

Gold prices in Pakistan continued to decline for the second consecutive day after the rupee made massive gains against the dollar on Tuesday.  According to...