The cash is the third and last installment of a $3 billion standby agreement with the international lender that it obtained to prevent a sovereign default...
By virtue of the Board’s resolution, SDR 828 million, or roughly $1.1 billion, can be disbursed immediately, increasing the total amount disbursed under the arrangement to...
The market saw a bearish trend as it dropped more than 500 points, just hours after Pakistan’s Stock Exchange (PSX) reached a new milestone by reaching...
The IMF executive board meeting is scheduled to go until May 3, according to specifics. Based on the sources, it is expected that the international lender...
During the special meeting of the World Economic Forum (WEF) in Riyadh, Pakistan’s Finance Minister Aurangzeb discussed the country’s consideration of adopting digital money. “Even though...
With the benchmark KSE-100 index hitting a record-breaking high of 72,501 points, the Karachi Stock Exchange saw yet another incredible rise. Within Pakistan’s financial environment, investors...
The government should guarantee that minimum wages are paid in both government-run departments and private businesses, according to a resolution passed by the National Assembly on...
Investors celebrated as the PSX finally crossed the historic 71,500 point threshold, signalling a critical turning point in the state of the economy in the country....
According to Shaza Fatima Khawaja, Minister of State for IT and Telecommunication, there are numerous investment prospects in Pakistan’s IT and telecom sectors. She noted that...
Federal Minister for Finance and Revenue, Muhammad Aurangzeb, met with President of the World Bank Group, Ajay Banga, according to a press release from the ministry...