Government Expands Debt Buyback Strategy to Strengthen Fiscal Position
The government of Pakistan has expanded its debt management strategy by broadening the scope of its existing Buyback Program, renaming…
ADB Signs $500 Million Education Funding Agreement for Pakistan and Asia-Pacific Countries
The Asian Development Bank (ADB) has formalized a partnership with the International Finance Facility for Education (IFFEd), signing an agreement…
FBR to Target Unregistered Businesses with Account Freezes and Power Disconnections
The Federal Board of Revenue (FBR) has intensified its efforts to clamp down on unregistered businesses by introducing stringent penalties,…
IMF Pushes for More Power Subsidy Cuts, NFC Revisions, and Tax Overhaul in Pakistan
Pakistan is facing new, stringent conditions under the recently approved $7 billion loan program from the International Monetary Fund (IMF).…
SBP Foreign Exchange Reserves Near $10 Billion With Weekly Increase
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have shown a consistent upward trend, with a…
Pakistani Rupee Strengthens Against US Dollar After IMF Update
The Pakistani rupee (PKR) saw a modest recovery against the US dollar today, following positive developments related to the International…
Easypaisa Transforms Retail Value Chains with Digital Innovation
Easypaisa, Pakistan’s leading digital financial services platform, has unveiled its groundbreaking ecosystem, easypaisakarobar, aimed at revolutionizing the retail value chain…
IMF Refutes Claims of Directing Pakistan to Secure $600 Million Loan at 11% Interest
The International Monetary Fund (IMF) has denied reports that it instructed Pakistan to secure a $600 million commercial loan from…
Pakistan’s GDP to Grow by 2.8% in FY2025: ADB Forecast
Pakistan’s economic growth is projected to modestly improve in the current fiscal year, with the Asian Development Bank (ADB) forecasting…
Bank Alfalah Wins Two Global Islamic Finance Awards at GIFA 2024
Bank Alfalah, one of Pakistan’s leading commercial banks, has earned international recognition by securing two prestigious awards at the 2024…