Bank of Canada Maintains Policy Rate, Continues Quantitative Tightening
The Bank of Canada March 8, 2023 held its target for the overnight rate at 4.5 percent, with the Bank…
Karandaaz Pakistan Signs Data Sharing Agreement with TASDEEQ Credit Bureau
Karandaaz Pakistan signed a data sharing agreement with TASDEEQ, a private credit bureau operating in Pakistan. By joining hands with…
Pharmaceutical Goods’ Export Increases by 32.4 percent
The export of pharmaceuticals goods from the country has witnessed an increase of 32.4 percent during the first seven months…
SECP Proposes Shariah Governance Regulations, 2023
In the light to promote Islamic financial markets in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has issued…
Agriculture Credit Disbursement Up by 28.3 percent in First 7 Months of FY23
The agriculture credit disbursement increased by 28.3 percent during the first seven months of the current fiscal year as compared…
Women’s Empowerment to Change Country’s Economic Landscape
Competition Commission of Pakistan (CCP) Chairperson Rahat Kaunain Hassan has stressed the need to promote women’s economic empowerment as it…
Foreign Reserves Rise to $ 9.8 billion as Pakistan Receives Chinese Loan Disbursement
Pakistan’s total liquid foreign reserves further rose to US$ 9,754 million during the week ended on March 03, 2023 as…
Workers’ Remittances Recorded at US$ 2.0 billion in February 2023
According to the press release issued by the State Bank of Pakistan on March 10, 2023, the workers’ remittances recorded…
China’s Factory Activity Stuns with Fastest Growth in a Decade
China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on…
Eurozone Inflation Softens to 8.5 percent in February as ECB Signals Interest Rate Hiking is Not Over
New data out of the euro zone on March 2, 2023 suggested that inflation is taking a while to come…