World Bank to Provide Pakistan $8.7 Billion Loan for Development Over 5 Years
The World Bank has announced its commitment to extend a loan of $8.7 billion to Pakistan over the next five…
FinMin Emphasizes Public-Private Partnerships’ Role in Development
Federal Minister for Finance Muhammad Aurangzeb held a significant meeting with delegations from Global Consulting Firm Kearney and the Public…
Pakistan’s Trade Deficit Widens by Nearly 20% in July
Pakistan’s trade deficit surged by nearly 20 percent in the first month of the new fiscal year (FY25), July 2024,…
Rupee Ends Week With Massive Gains Against British Pound
The Pakistani rupee (PKR) ended the week with significant gains against the US Dollar, opening trade at 278 in the…
RDA Inflows Fall 11%, Total $200 Million in June
Inflows through the Roshan Digital Account (RDA) totaled $200 million in June 2024, marking an 11% decline compared to the…
Power Markets a Monopoly in Many Middle-Income Countries: World Bank
The World Bank has highlighted that power markets remain monopolistic in many middle-income countries. In its latest report, “The World…
Mobilink Bank Launches Pakistan’s First Women-Led Incubator Program
Pakistan’s leading digital microfinance bank, Mobilink Bank, has launched the country’s first-ever industry-specific incubation program designed exclusively for women entrepreneurs.…
5 Chinese Firms Bid to Help Pakistan Raise Funds Via Panda Bonds
Five Chinese firms have submitted bids to assist Pakistan in raising funds through Panda bonds as the country prepares to…
IMF-Backed Reforms in Taxation, Privatization, and SOEs Now Unavoidable, Says Finance Minister
The government has no other choice but to proceed with crucial reforms in taxation, privatization, energy, and State-Owned Enterprises (SOEs)…
ZLK Islamic Financial Services Partners with Dubai Islamic Bank Pakistan to Expand Shariah-Compliant Investments
In a landmark collaboration, ZLK Islamic Financial Services, Pakistan’s premier Shariah-compliant brokerage firm, has partnered with Dubai Islamic Bank Pakistan…