Daily Archives: Oct 18, 2024
Govt has increased the Petrol prices by Rs. 30/litre
Finance Minister Miftah Ismail announced a hike in the price of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
SBP raised the Policy rate by 150BPS to 13.75%
The MPC of the State Bank of Pakistan has decided to raise policy rate by 150bps to 13.75%.
This is the highest interest-rate level...
Foreign Direct Investment recorded Net Inflow of $170.6Mn in April, 2022
The Foreign Direct Investment (FDI) recorded an inflow of $170.6Mn during the month of April against the outflow of $30.4mn recorded in March 2022.
While...
Pakistan’s Current Account Deficit shrinks by 39% MoM to $623Mn in...
Pakistan reports Current Account Deficit of US$623Mn during the month of Apr‘22 as compared to a deficit of US$1,015 mn in Mar’22. The decline...
Govt has imposed ban on the Import of Non-Essential Luxury Items
The government has imposed a ban on the import of 38 non-essential Luxury Items under an "Emergency Economic plan".
Under the new policy, the import...
System Ltd to acquire 100% stake in National Data Consultant
Systems Limited has entered into a term sheet with the sponsor shareholders of National Data Consultant (Pvt.) Limited (“NdcTech”) for the acquisition of 100%...
