

ADB Renews Resolve to Work with Pakistan on Economic Challenges
A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea called on Prime…

Fiscal Performance Remains Satisfactory: Economic Outlook
Despite considerable challenges both at domestic and external fronts; the fiscal sector performance remained satisfactory, according to latest report released…

FBR Shines Again: Commendable Performance Under Difficult Circumstances, Surpasses Budgetary Target for February 2023
Federal Board of Revenue (FBR) has once again demonstrated great revenue collection performance during February 2023, despite difficult economic situation.…

Pak Scientists Develop Local Intercropping Techs with Sino Experience to Save Oilseeds Imports
A team of young Pakistani agricultural scientists at the National Research Center of Intercropping (NRCI), the Islamia University of Bahawalpur…

MPC, SBP Decides to Raise the Policy Rate by 300 Basis Points
At its meeting held on March 2, 2023, the Monetary Policy Committee (MPC) of State Bank of Pakistan decided to…

PBA Announces Launch Date for Shared eKYC Project Following Agreement Signing
The Pakistan Banks’ Association (PBA) has announced the commencement of the first phase of the Shared eKYC Project, set to…

In Presence of SAMA Governor: AMLPC Holds its Monthly Meeting
In the presence of Ayman Alsayari, governor of the Saudi Central Bank (SAMA) and chairman of the Anti-Money Laundering Permanent…

Biden Nominates Former MasterCard CEO Ajay Banga to Head World Bank
US President Joe Biden on February 23, 2023, nominated former MasterCard CEO Ajay Banga to become president of the World…

Turkiye Slashes Policy Rate by 50 Basis Points as Country Continues to Reel from Earthquake
Turkiye’s central bank on February 23, 2023, slashed its policy rate by 50 basis points from 9 percent to 8.5…

US Regulators Warn Banks to be on Alert for Crypto-related Liquidity Risks
Top US banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related…