SBP’s reserves fall by $134m to $7.8bn
SBP-held foreign exchange reserves fall 1.7%. SBP’s reserves fall by $134m to $7.8bn. Pakistan’s foreign exchange reserves held by the…
Economy
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Pakistan’s credit default swap shoots up to 92.53% amid political unrest
Five-year sovereign debt rises to highest-ever level. Pakistan’s credit default swap shoots up to 92.53% amid political unrest. The cost…
FDI in Pakistan slumps 62% to $95 million in October
Net FDI up 13% vis-a-vis $84 million in September. FDI in Pakistan slumps 62% to $95 million in October. Net…
No risk of default, remittances pouring into Pakistan, Aisha Ghaus tells NA
Pasha says govt has revived IMF programme while improvement is being seen in exports. Pakistan faced a difficult situation when…
Pakistan’s annual GDP can fall 18-20% by 2050 due to climate change risks: WB
Joint risks from intensification of climate change will further aggravate Pakistan’s economic fragility, World Bank report says. Pakistan’s annual GDP…
Pakistan’s perceived default risk worsens ‘owing to IMF uncertainty’
Expert says CDS would normalise after inflows from friendly countries and global lender are realised Pakistan’s perceived default risk worsens…
US cannot stop Pakistan from purchasing Russian oil: Ishaq Dar
Dar says oil purchase from Moscow will be possible soon. US cannot stop Pakistan from purchasing Russian oil: Ishaq Dar….
Pakistan requires $348 billion of GDP for climate challenges
Pakistan needs $348bn or 10.7% of GDP in next eight years. Pakistan requires $348 billion of GDP for climate challenges….
OGRA refutes media reports about limited diesel stocks
“The news circulating regarding fuel shortage is baseless and contrary to facts,” it said in a press release. OGRA refutes…
World Bank to provide more than $3bn for energy infrastructure development in Pakistan
The development followed a meeting between the World Bank delegation and Minister for Energy Khurram Dastgir. World Bank to provide…