Inflation projected to remain 5–7% despite flood pressures, says SBP governor
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, said that inflation has declined sharply and is projected to remain within the government’s...
Category : Headlines
Pakistan exports 434 locally assembled vehicles to 20 countries in three years
Pakistan exported 434 locally assembled vehicles to 20 countries over the past three fiscal years, according to Finance and Revenue Minister Muhammad Aurangzeb. The figures...
Saudi investor to acquire controlling stake in K-Electric
ISLAMABAD:Saudi investor Prince Mansour bin Mohammed Al Saud has signed a landmark agreement to acquire a majority stake in K-Electric (KE), marking a significant new...
SBP reserves edge up to $14.42bn despite $500m eurobond repayment
Pakistan made significant external debt repayments during the week ending October 3, including the settlement of a $500 million Pakistan Sovereign Eurobond, the State Bank...
NADRA expands digital Identity Services with Pak ID App and new facilities for pensioners
The National Database and Registration Authority (NADRA) has significantly advanced its digital transformation drive, fully digitising the process of applying for identity cards and other...
Govt sets aside Rs9bn to boost electric mobility under PAVE scheme
The federal government has earmarked Rs9 billion for the Pakistan Accelerated Vehicle Electrification (PAVE) scheme in the current fiscal year, with subsidies planned for the...
Ahsan Iqbal urges economic reforms on China’s model to make Pakistan an Asian tiger
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that Pakistan must embrace China’s economic model and pursue structural reforms with consistency...
Shehbaz Sharif orders fast-track privatization of loss-making SOEs
Prime Minister Shehbaz Sharif has instructed authorities to expedite the privatization of loss-making and inefficient state-owned enterprises (SOEs), stressing that any delay or bureaucratic hurdles...
NEPRA fines K-Electric Rs25m for power restoration failure
ISLAMABAD:The National Electric Power Regulatory Authority (NEPRA), has imposed a fine of Rs25 million on K-Electric Limited (KE) for failing to perform system restoration duties...
PSX dips 0.45% as investors cash in gains amid IMF dialogue
KARACHI — The Pakistan Stock Exchange (PSX) saw a volatile session on Thursday, with the benchmark KSE-100 Index closing at 164,530.80 points, down 735.94 points, or...