Pakistan’s foreign exchange reserves increase to $15.518 billion

KARACHI: The liquid foreign exchange reserves of Pakistan have increased by $428 million to $15.518 billion by week ended November 01, 2019, State Bank of Pakistan (SBP) said on Thursday. Read more »

Headline inflation increases by 11 percent in October

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 11 percent in October 2019 while calculating on the base year 2015-2016. Read more »

Investment in premium prize bonds surges by 157 percent

KARACHI: The investment in premium prize bonds of Rs40,000 denomination has witnessed unprecedented growth of 157 percent after the government announcement to discontinue bearer prize bonds of same denomination. Read more »

Profit rates on saving schemes reduced

KARACHI: The government has reduced the profit rates on saving certificates effect from November 01, 2019. Read more »

Proposals for establishment of Pakistan Revenue Authority to be finalized by June 2020

ISLAMABAD: The ministry of finance has been directed to finalize proposals for establishment of Pakistan Revenue Authority (PRA) by June 30, 2020. Read more »

Imran Khan appreciates World Bank’s financial, technical support to Pakistan

ISLAMABAD: Prime Minister Imran Khan has appreciated the World Bank’s financial and technical support to Pakistan. Read more »

Petrol, high speed diesel prices increased for November

ISLAMABAD: The government on Thursday increased the prices of petrol and high speed diesel on sales to end consumers. Read more »

Pakistan’s foreign exchange weekly reserves decrease by $96 million to $15.089 billion

KARACHI: Pakistan’s total liquid foreign exchange reserves decrease by $96 million to $15.089 billion by week ended October 25, 2019 as compared with $15.186 billion a week ago, State Bank of Pakistan... Read more »

World Bank Group President arrives for three-day visit

ISLAMABAD: David Malpass, President of World Bank Group will arrive in Islamabad today Wednesday, October 30, 2019 for a three-day visit, his first trip to Pakistan since assuming World Bank Group leadership... Read more »

SBP forecasts subdued growth with high inflation

KARACHI: State Bank of Pakistan (SBP) on Monday forecast subdued GDP growth with high inflation for the current fiscal year. Read more »

Pakistan’s forex reserves increased by $149.7 million to $15.142 billion

KARACHI: The total liquid foreign exchange reserves have increased by $149.70 million to $15.142 billion by week ended October 11, 2016 as compared with $14.992 billion a week ago, State Bank of... Read more »

Pakistan among top 10 improvers in World Bank’s ease of doing business

ISLAMABAD: The World Bank on Thursday said that the enactment of six regulatory reforms has landed Pakistan among the world’s top 10 business climate improvers. Read more »