Sindh Government Launches Online Portal to Tackle Karachi’s Civic Issues and Improve Infrastructure
In an effort to streamline public service delivery and improve infrastructure in Karachi, the Sindh government is set to launch…
Pakistan Phases Out Rs330bn Subsidized Export Financing Scheme to Meet IMF Conditions
In a significant move to meet the conditions set by the International Monetary Fund (IMF), Pakistan has approved the phasing…
World Bank Approves $102 Million RAM Project to Advance Financial Inclusion and Climate Resilience in Pakistan
In a major step towards strengthening financial inclusion and climate resilience, the World Bank has approved $102 million in financing…
Competition Commission of Pakistan Takes Bold Steps to Promote Fair Market Practices and Dismantle Cartels
The Competition Commission of Pakistan (CCP) has been intensifying its efforts to foster a fair competitive environment in the country’s…
U.S. Federal Reserve Keeps Interest Rates Unchanged at 4.25%–4.50% Amid Solid Growth and Persistent Inflation
In a closely watched policy decision, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) has opted to maintain the…
Faysal Bank Inducted as Trading Participant for GoP Ijarah Sukuk at PSX
In a significant development in Pakistan’s financial sector, the Pakistan Stock Exchange (PSX) has announced the induction of Faysal Bank…
SECP Establishes Sustainable Finance Advisory Group to Drive Key Policy Reforms
In a significant move towards enhancing sustainability in Pakistan’s financial sector, the Securities and Exchange Commission of Pakistan (SECP) has…
ECC Approves Phasing Out of SBP’s Rs330bn LTFF to Exim Bank in Key Financial Restructuring Move
In a significant decision aimed at streamlining export-related financing, the Economic Coordination Committee (ECC) of the Cabinet has approved the…
State Bank of Pakistan Announces Public Holidays for Eid-ul-Fitr: Banks to Remain Closed from March 31 to April 2, 2025
The State Bank of Pakistan (SBP) has officially announced that all commercial banks, microfinance banks (MFBs), development banks (DBs), and…
SBP Grants Paysa Technologies In-Principle Approval to Operate as an Electronic Money Institution
The State Bank of Pakistan (SBP) has granted in-principle approval to Paysa Technologies, a growing fintech company, allowing it to…