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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...
CPI Inflation increased to 27.6% in January 2023
CPI Inflation increased to 27.6% on YoY basis in Jan 2023 as compared to an increase of 24.5% in Dec'22 & 13.0% in SPLY....
Pakistan economy: State Bank of Pakistan to continue with monetary tightening
Although there is a strict prohibition against charging interest, a significant number of Islamic banks still rely on interest-based benchmarks like Karachi Interbank Offered...
SBP has raised the Interest rate by 100BPS to 17%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting has decided to raise the policy rate by 100 basis...
ECP has appointed Syed Mohsin Raza Naqvi as Caretaker Chief Minister...
The Election Commission of Pakistan (ECP) appointed Syed Mohsin Raza Naqvi as interim chief executive for Punjab.
The development came during a meeting held with...
Avanceon has secured contract for one of the largest Oil &...
Avanceon has secured a multi-million-dollar contract to ensure seamless communication and asset monitoring for one of the largest Oil & Gas companies in the...
