BUSINESS
SBP cuts key policy rate to 19.5pc
The State Bank of Pakistan (SBP) on Monday reduced the key interest rate by 100 basis points (bps) to 19.5...
Gold price hike continues in Pakistan
Gold prices increased in Pakistan following an upward trend in the global market on Saturday. According to the All-Pakistan Gems...
Pakistan’s weekly inflation up by 0.17pc
The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.17 percent for the combined consumption...
Govt to pay Rs2,091 billion as capacity payments to IPPs in 2024-25
The Government of Pakistan has estimated capacity payments to IPPs amounting to Rs 2,091 billion for the current fiscal year....
IMF board likely to approve $7b bailout for Pakistan in August
The International Monetary Fund (IMF) Executive Board likely to approve a $7 billion bailout package for Pakistan in August. According...
APTMA demands forensic audit and review of IPP agreements
The All Pakistan Textile Mills Association (APTMA) has demanded review of the IPPs agreements and forensic audit of the independent...
FPCCI to move SC against capacity payments to IPPs
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to approach the Supreme Court (SC) against the...
Pakistan ‘seeks’ rescheduling of $15bln Chinese loan
Finance Minister Muhammad Aurangzeb will embark on a visit to China starting today, as Pakistan is seeking a rescheduling of...
Govt’s anti-power-theft crackdown yields Rs105 billion, 83,000 arrests in Punjab
A nationwide anti-power-theft campaign has successfully recovered Rs105 billion, driven by joint efforts from the government and the military, which...
Pakistan’s foreign exchange reserves stand at US$14.7bn
Pakistan’s total liquid foreign reserves stood at US$14.7 billion as of 12th July. The central bank in a statement said...
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