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...
National Assembly has passes IMF-aligned budget FY24
The National Assembly passed the budget for the next fiscal year 2023-24 with a majority after the government met tough International Monetary Fund (IMF)...
Trade deficit in services surges by 75% MoM in May
The service sector of Pakistan posed a trade deficit of $245 million in May 2023, which has significantly increased by 75% MoM as compared...
Pervez Khattak served show cause notice over anti-PTI move
The Pakistan Tehreek-e-Insaf (PTI) Wednesday issued a show cause notice to Pervez Khattak seeking an explanation for allegedly inciting the members to leave the...
President Alvi approves Justice Qazi Faez Isa’s appointment as next CJP
President Arif Alvi Wednesday approved senior puisne judge Justice Qazi Faez Isa's appointment as the next chief justice of Pakistan.
The appointment will be effective...
Supreme Court to take up pleas against military courts
Chief Justice of Pakistan (CJP) Umar Ata Bandial on Wednesday constituted a nine-member larger bench to hear petitions against the trial of civilians in...
Current Account Surplus clocked in at $255Mn in May 2023
The current account surplus for the month of May 2023 witnessed a notable surge of 3.26x MoM to stand at $255 million compared to the surplus...
