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Business & Economy Published 18 Dec, 2024 09:22am

Pakistan’s foreign direct investment surpasses $1b for five months of FY25: SBP Report

Total FDI inflows for the period were recorded at $1.625 billion

Pakistan Published 17 Dec, 2024 10:15am

Hajj 2025: Deadline for applications today

This application process will take place at banks across the country

▶️ Business & Economy Updated 16 Dec, 2024 05:19pm

State Bank of Pakistan reduces policy rate by 200bps, fifth in a row

Monetary Policy Committee notes core inflation, at 9.7%, is proving to be sticky

▶️ Pakistan Updated 16 Dec, 2024 07:43pm

Shares at PSX increase as SBP decreases policy rate

Market index portrays bullish rates in start of week

Business & Economy Published 11 Dec, 2024 01:02am

Check the list as Rs25,000 prize bond winners for December 10 draw announced

It was this year’s fourth draw for Rs25,000

Business & Economy Published 27 Nov, 2024 05:47pm

SBP makes major changes to Islamic Banking requirements

Previously, banks were mandated to pay an MPR on all Pak Rupee savings deposits

▶️ Business & Economy Updated 11 Nov, 2024 10:57pm

PSX’s benchmark index settles at 93,291.68 points

KSE-100 index surpasses 94,000 points in intraday

▶️ Pakistan Updated 05 Nov, 2024 12:05am

State Bank of Pakistan cuts policy rate more than expected

Monetary Policy Committee reduces policy rate by 250 bps to 15%

Pakistan Published 01 Nov, 2024 09:46am

Pakistan achieves fiscal surplus for the first time in 24 Years

Turnaround comes after years of persistent budget deficits

Business & Economy Published 30 Oct, 2024 02:38pm

Analysts predict massive cut in Pakistan interest rate

Central bank's monetary policy committee is schedule to meet on November 4

Business & Economy Updated 28 Oct, 2024 11:26pm

Shares at PSX gain more than 200 points

Market analysts attribute this upward trend to several factors

Business & Economy Published 28 Oct, 2024 09:02am

Business leader calls for lowering interest rate by 5%

He argued that such a reduction is vital for enhancing trade activities in the country

Business & Economy Published 21 Oct, 2024 03:49pm

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Business & Economy Published 17 Oct, 2024 05:32pm

Structural impediments challenge macroeconomic stability: SBP

Central bank cites unfavourable business environment continue to constrain economy’s growth potential

Business & Economy Published 16 Oct, 2024 12:46pm

Pakistan’s trade deficit with SCO countries surges over 41% to $11.7b in FY24

Pakistan’s exports to SCO countries, particularly China, saw notable growth

Pakistan Published 13 Sep, 2024 03:48pm

SBP announces closure of banks on Tuesday

Commercial banks will also be closed on this occasion

Business & Economy Updated 14 Sep, 2024 12:26am

PSX continues with bullish trend, gains 315 more points

KSE-100 index closes at 79,333.06

Business & Economy Updated 12 Sep, 2024 11:29am

Interest rate cut on the cards in MPC meeting today

Financial analysts predict a more moderate decrease of 150 to 200 basis points

Business & Economy Published 11 Sep, 2024 09:26am

Federal govt borrowing from banks plummets 58% in FY25

Balochistan govt returned Rs23.4 billion and Khyber Pakhtunkhwa repaid Rs30 billion

Business & Economy Published 10 Sep, 2024 11:10am

Overseas Pakistanis send nearly $3 billion in remittances in August 2024

The average monthly inflow of nearly $3 billion during the initial two months of FY25

Business & Economy Published 08 Sep, 2024 05:23pm

SBP expected to cut interest rate by up to 2.5%

Central bank set to announce new monetary policy on September 12

Life & Style Published 06 Sep, 2024 10:57pm

Check out who won SBP competition for new currency notes design

Central bank shortlists two winners for every denomination design

Business & Economy Published 19 Aug, 2024 03:23pm

Pakistan faces $162m current account deficit in July

July’s current account deficit was 48% higher than previous month

Business & Economy Updated 08 Aug, 2024 06:31pm

Pakistan’s total outstanding debt for FY25 stands at $26.2b, says SBP governor

SBP has already paid $1.5 billion towards the country’s external debt in 2024

Business & Economy Published 25 Jul, 2024 02:35pm

SBP revises guidelines for transfer, performance of NPAs

Financial institutions will record instruments as consideration for of NPAs at fair value

Business & Economy Published 08 Jun, 2024 01:53pm

Pakistan sees highest ever $3.2 billion in May remittances

Saudi Arabia is the top contributor

Business & Economy Published 25 May, 2024 09:09am

SBP likely to introduce QR code system for sacrificial animal purchase

At least 50 major cattle markets selected to enable QR code payment

Business & Economy Published 10 May, 2024 10:03am

IMF tranche boosts Pakistan’s reserves to 22-month high

The reserves now stand close to $9.33 billion

Business & Economy Updated 30 Apr, 2024 06:28pm

Pakistan receives final $1.1 billion SBA tranche

International lender disbursed $1.1b, the last tranche of fun under SBA

Business & Economy Published 18 Apr, 2024 07:22pm

SBP chief says deceleration in inflation is broad-based

Jameel Ahmad cites inflation had fallen sharply over the past year