The upcoming IMF meeting on September 25, 2024, marks a pivotal moment for Pakistan’s economic future. With all necessary financial assurances in place, the country is poised to receive
Category: Business
Stock Market Gains 529 Points on First Day of Business Week, Dollar Depreciates in Interbank
Moving forward, it will be crucial for the government and monetary authorities to maintain this momentum, balancing foreign exchange rates while ensuring that the stock market continues to attract both local and international investments.
Economic Recovery in Progress, But Mini-Budget Likely, Says Ali Pervaiz Malik
While Pakistan’s economic outlook seems to be stabilizing, Ali Pervaiz Malik’s acknowledgment of the potential mini-budget indicates that challenges still lie ahead. With IMF-driven fiscal policies
PIA Privatization: Bidders Propose New Investment Strategies Amid Government Negotiations
The privatization of PIA is at a critical juncture, with both the government and potential buyers working to find common ground. The bidders’ proposals to reinvest the bid amount
Oil prices hold at 14-month low amid US and china demand concerns and Increased libyan supply.
Oil prices remained at a 14-month low on Thursday, as concerns over weak demand in the US and China, along with potential supply increases from […]
FBR Set to Hike Property Prices in 42 Major Cities to Boost Revenue
The FBR’s decision to raise property prices in 42 major cities is a significant move aimed at increasing tax revenue and addressing long-standing issues of undervaluation in the real estate sector.
Pakistan Seeks $1.75 Billion in Loans to Bridge Financing Gaps Amid Economic Challenges
In addition to these loan requests, Pakistan is also negotiating with Saudi Arabia for an oil facility on deferred payment terms, which would provide much-needed relief to the country’s foreign exchange reserves
Wall street declines over 1% as investors weigh weak factory data ahead of labor reports.
Wall Street’s main indexes dropped by more than 1% on Tuesday as investors reacted to subdued factory activity data, anticipating the impact of upcoming labor […]
Stability in Gold Prices: A Closer Look at the Current Market Trends in Pakistan
As gold continues to be a crucial asset in Pakistan, understanding the factors that influence its price is vital for making sound financial decisions. Whether you are a consumer looking to buy gold