Imran Khan approves additional Rs. 155 bn economic relief
Federal government approved a new Rs. 155 billion stimulus package for businesses and unemployed Pakistanis. On Monday, April 27, Economic Coordination Committee...
Government cuts Profit rates on National Savings Certificates
Effective from 24th April, Central Directorate on National Savings (CDNS) announced reduction in profit rates on National Savings Certificates. The profit rates...
Moody’s expect 2% GDP growth and low financing risk for Pakistan...
In a latest report published by Moody’s, the agency maintain the credit rating of Pakistan at B3 as the country receives $1.4...
Sukkur-Hyderabad Motorway to save billions under Private-Public partnership
The Federal government on 22 April, gave approval for disbursement of funds for Sukkur-Hyderabad Motorway. The Motorway will be constructed using Rs....
SBP suspends quarter Dividends for March and June 2020
State Bank of Pakistan today announced suspension of any cash or stock dividends for March and June quarters. SBP took the step...
Cement Industry Re-opens after ease in Lockdown
Subsequent to the partial removal of lockdown by Federal and Provincial governments in Pakistan, several cement companies have announced reopening of their...
WTI crude crashed: Here is why Brent oil survived
Brent Oil Futures allows cash settlements Brent offers easy access to ports, WTI landlocked US...
Imran Khan stands vindicated with Smart Lockdown Strategy
People have been witnessing the unpleasant debate on definition of lockdown since the first few cases of COVID-19 in Pakistan. Sindh government...
IMF revises FBR targets, puts EFF on hold while China Steps...
In a recent staff report by IMF related to the Rapid Financing Instrument (RFI) to Pakistan, it was revealed that the tax...
Foreign Investors Divest $630 mln Portfolio Investment in April ’20
Latest numbers from SBP report on Special Convertible Rupee Accounts (SCRA) show divestment of around $630 million worth of Foreign Portfolio Investment...