Business
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PM Shehbaz Sharif Vows to Implement IMF Conditions
Prime Minister Shehbaz Sharif announced that his government is committed to implementing the International Monetary Fund’s (IMF) conditions to complete…
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Pakistani Rupee Slightly Devalues Against USD
The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at…
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Moody’s Upgrades Ratings of Five Major Pakistani Banks
Moody’s, the global credit rating agency, has upgraded the long-term deposit ratings of five major Pakistani banks. These banks have…
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Economist Dr. Kaiser Bengali Resigns from Key Committees Over Austerity Measures
A prominent economist, Dr. Kaiser Bengali, has resigned from three major government committees in protest against the federal government’s austerity…
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Salaried Class Paid Rs. 375 Billion Taxes, Expected to Reach Rs. 450 Billion This Year
The salaried class in Pakistan paid Rs. 375 billion in taxes last year. This figure is expected to rise to…
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PIA Privatization to Be Finalized by October 1st
The privatization of Pakistan International Airlines (PIA) will be completed by October 1, 2024. The Privatization Commission Secretary informed the…
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NBP Reports 96.8 Billion PKR Total Income, 6.6% Growth in Assets
The National Bank of Pakistan (NBP) has reported a total income of PKR 96.8 billion for the first half of…
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SBP Designates Domestic Systemically Important Banks (D-SIBs) for 2024
The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is…
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Moody’s Upgrades Pakistan’s Debt Ratings Amid Improving Economic Conditions
Moody’s Ratings has upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3. The…
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Nationwide Strike Disrupts Businesses as Traders Protest Tax Reforms
Traders across Pakistan are on strike today, protesting against the government’s new tax reforms. The strike has led to widespread…
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