The Economic Survey will outline key socioeconomic accomplishments from the outgoing fiscal year, despite the government’s failure to meet several crucial targets. Among these, the […]
Category: Business
State bank of pakistan cuts policy rate amidst economic moderation.
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a significant 150 basis points reduction in the policy rate to 20.5 […]
Pakistan’s ambitious fiscal targets for 2024-25 budget amid IMF talks.
Pakistan’s coalition government is gearing up to unveil ambitious fiscal targets in the upcoming 2024-25 budget, aiming to bolster its case for a new bailout […]
Pakistan’s ambitious fiscal targets aim to secure IMF bailout deal.
Pakistan’s coalition government is poised to unveil ambitious fiscal targets in the 2024-25 budget, scheduled for Wednesday, in a bid to secure a new bailout […]
National economic council convenes to review budget 2024-25 plans.
As the government prepares to present the Budget 2024-25 to the National Assembly, the National Economic Council (NEC) is meeting today, chaired by Prime Minister […]
Pakistan stock market experiences significant decline amid tax concerns.
The Pakistan Stock Market (PSX) saw a significant downturn on Friday morning as the benchmark KSE-100 Index experienced its largest fall in months, dropping over […]
Asian markets rose thursday after wall street barreled to records wednesday as the frenzy around artificial-intelligence technology kept sending stocks higher.
In Tokyo, the Nikkei 225 index climbed 0.9% to 38,841.75. The Hang Seng in Hong Kong added 0.8% to 18,569.48 and the Shanghai Composite index […]
Global markets poised for gains as ECB and other central banks cut rates.
Global stocks neared an all-time high and the euro gained ground on Thursday in anticipation of the European Central Bank’s (ECB) first interest rate cut […]
Federal government sets budget at Rs295 per US dollar amid anticipated currency devaluation.
In preparation for the financial year 2024-25, the federal government has chosen to set the budget with an exchange rate of Rs295 per US dollar, […]