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The World Bank has issued a new report outlining Pakistan’s economic prospects, painting a challenging picture ahead characterized by high inflation and modest growth....
ISLAMABAD: As Prime Minister Shehbaz Sharif’s administration advances its privatisation agenda, numerous companies, including Chinese firms, have submitted Statements of Qualifications (SoQs) in a...
ISLAMABAD: The Competition Commission of Pakistan (CCP) is currently conducting a Phase II review of the proposed acquisition of Telenor Pakistan by Pakistan Telecommunication...
Throughout the year, the opening of new accounts decreased by 25.86% YoY, with 139,898 new accounts compared to the previous year's 188,696.
Stock Market KARACHI: The optimism fueled by an IMF-driven rally in the stock market proved short-lived as mounting political tensions unsettled investors, leading them...
ISLAMABAD: The International Monetary Fund (IMF) has reported an overall improvement in macroeconomic conditions in Pakistan, forecasting a 2% economic growth in FY24. Despite...
IMF Board The International Monetary Fund’s executive board has granted approval for the immediate disbursement of $700 million for Pakistan under the $3-billion Stand-By...
LAHORE: Senate Standing Committee on Commerce has directed the National Agriculture Research Centre, the Ministry of Commerce (MOC) and the provincial governments to collectively...
For the first time, The US Securities and Exchange Commission (SEC) gave approval for spot Bitcoin exchange-traded funds (ETFs), a landmark moment for the...
ISLAMABAD: The State Bank of Pakistan reported 5.4 per cent growth in the inflows of remittances in December 2023. According to SBP, workers’ remittances...
The Pakistani rupee continued its upward trend against the US dollar on Tuesday, experiencing a slight increase at the start of the trading day....