Category: Market

The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Tuesday raised the policy rate by 100 basis points to 9.75 percent from 8.75

The Pakistani Rupee (PKR) finally held out against the US Dollar (USD) after five consecutive days of losses, and appreciated by one paisa against the

The Privatization Commission plans to complete the privatization of at least one dozen state-own entities (SOEs) in the next few years.Pakistan Steel Mills (PSM) is

The State Bank of Pakistan (SBP) has withdrawn facilities for exporters of Afghanistan and Central Asian Republics (CARs) in response to the growing dollar demand,

The government received $15.32 billion in fresh foreign loans from multilateral institutions and commercial banks during the previous fiscal year, up over 47 percent from

The federal cabinet will today decide whether to allow some citizens to exchange old notes until December 31, 2026.Although the old currency notes were declared

The Pakistan Stock Exchange (PSX) has witnessed eight initial public offerings (IPOs), including two GEM Board offerings, in 2021. These are the record highest offerings

The government has been given a suggestion to impose a sales tax on the actual sales price of sugar to deal with possible tax evasion.According

The government is planning to revise the legal and institutional framework of the Universal Service Fund (USF), which has provided Rs. 87 billion in subsidies

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Monday said the government will resolve the problems facing the fertilizer industry as

With $2.4 billion of inflows during November 2021, workers’ remittances continued their strong streak of remaining above $2 billion since June 2020.In terms of growth,

The State Bank of Pakistan (SBP) launched a new initiative, Asaan Mobile Account (AMA), under the National Financial Inclusion Strategy, with the objective to bring