Chinese bank deposits another $500m to Pakistan
Ishaq Dar says SBP received the amount in its account. Chinese bank deposits another $500m to Pakistan. Pakistan on Friday…
Economy
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US willing to cooperate with Pakistan over IMF deal: US envoy
Donald Blome hopeful of Pakistan-IMF deal soon. US willing to cooperate with Pakistan over IMF deal: US envoy. US Ambassador…
SBP jacks up policy rate by 300bps to 27-year high
The national inflation calculated on the basis of the consumer price index (CPI) has surged to 31.5% on an annual…
President Alvi signs Finance (Supplementary) Bill 2023
Approval for “mini-budget” given under Article 75 of Constitution, as Pakistan seeks to unlock next tranche IMF’s loan facility. President…
FDI rises to over $220m in January
FDI drops 44.2% in first seven months of current fiscal year. FDI rises to over $220m in January. China, one…
National Assembly unanimously approves much-needed mini-budget
The mini-budget’s approval comes as the government continues its talks with the IMF. National Assembly unanimously approves much-needed mini-budget. The…
Pakistan current account deficit falls to $0.2 billion in January: SBP
CAD decreased to $3.8bn in first seven months of current fiscal year. Pakistan current account deficit falls to $0.2 billion…
Fitch Ratings downgrades Pakistan to ‘CCC-‘
Downgrade reflects sharp deterioration in external liquidity, funding conditions, decline of foreign exchange reserves. Fitch Ratings downgrades Pakistan to ‘CCC-‘….
Rs170bn in taxes to be imposed through mini-budget prior to IMF deal: Ishaq Dar
Dar says some reforms suggested by IMF are in Pakistan’s favour. Rs170bn in taxes to be imposed through mini-budget prior…
FBR’s tax collection target in January ‘exceeded by Rs4bn’
FBR shows growth of 23% compared to same month last year. FBR’s tax collection target in January ‘exceeded by Rs4bn’….