On Pakistan’s exit from grey list, business community sees promising economic future
Business community says development would attract foreign direct investment, promote export, and improveg credit ratings On Pakistan’s exit from grey…
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
US encourages Pakistan to continue anti-money laundering efforts
The US welcomes FATF decision to remove Pakistan from grey list. US encourages Pakistan to continue anti-money laundering efforts. The…
Current account deficit shrinks 37% to $2.2bn in first quarter of FY23
Decline in petroleum imports main reason behind decrease. Current account deficit shrinks 37% to $2.2bn in first quarter of FY23….
ADB assures Pakistan to approve $1.5bln for BRACE
Finance Minister thanked the President ADB for support provided over the years. ADB assures Pakistan to approve $1.5bln for BRACE….
Pakistan seeks rescheduling of $27bn bilateral debt: Ishaq Dar
Dar rules out possibility of default on Pakistan’s debt. Pakistan seeks rescheduling of $27bn bilateral debt: Ishaq Dar. Pakistan’s new…
How much crude oil does the EU still import from Russia?
The UK has already stopped importing Russian crude following Moscow’s invasion of Ukraine. How much crude oil does the EU…
SBP maintains policy rate at 15pc
Higher food prices could raise average headline inflation in FY23. SBP maintains policy rate at 15pc. The State Bank of…
46, 500 Pakistanis got jobs in CPEC Energy Projects: Report
Chinese management began focusing on the employment of graduates from specific universities in Pakistan. 46, 500 Pakistanis got jobs in…
Commemorative Rs75 banknote available for public
The central bank had revealed the design of the banknote during a ceremony. Commemorative Rs75 banknote available for public. The…
World Bank repurposes $2b for Pakistan’s flood-affected areas
“We are deeply saddened by the loss of lives and livelihoods due to the devastating floods,” says Raiser. World Bank…