Cash-strapped Egypt sells state assets to Gulf nations
Experts say deals could be a win-win for all sides, but unlike old Gulf largesse of unconditional aid, new deals…
International Monetary Fund
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…
PTI lawmakers being asked to change loyalty, claims Asad Umar
“Circular debt is increasing by Rs123 billion per month,” Shaukat Tarin said. PTI lawmakers being asked to change loyalty, claims…
Miftah Ismail says dollar cap caused $3bn loss
Would have been better if 9th review was passed in Oct, says Miftah. Miftah Ismail says dollar cap caused $3bn…
Rupee falls in open market after exchange cap removal
Dollar closes at 243 in open market. Interbank sees meagre change. Rupee falls in open market after exchange cap removal….
FDI shrinks by 59% to $461m in first six months of FY 2023
Investment in power sector falls to $237 million from $345 million. FDI shrinks by 59% to $461m in first six…
S&P Global Ratings downgrades Pakistan’s credit score
Fitch and Moody’s have already ranked Pakistan’s bonds below investment grade. S&P Global Ratings has downgraded Pakistan’s credit score due…
Pakistan’s current account deficit plunges 86% to 19-month low
Pakistan posted deficit of $276 million in November, SBP data shows. Pakistan’s current account deficit plunges 86% to 19-month low….
Default threat still not over: Miftah Ismail
Calling Imran ‘the father of default’, Miftah said Khan is responsible for pushing Pakistan towards default. Default threat still not…
Gold & silver peak to fresh all-time high in Pakistan
Gold price settles at an all-time high of Rs164,150 per tola. Gold & silver peak to fresh all-time high in…