PM Forms Task Force to Transform Pakistan’s Housing Sector
The Prime Minister has announced the formation of a dedicated Task Force aimed at revolutionizing Pakistan’s housing sector. This initiative…
Economic Indicators Improve as Pakistan Eyes Sustainable Growth
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has declared that Pakistan’s economic foundation has been significantly strengthened, with…
ECC Highlights Economic Stability and Growth Strategies Amid Record Low Inflation
The Economic Coordination Committee (ECC), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened to discuss strategies…
Pakistan Sees 27% Increase in Foreign Direct Investment in November 2024
Foreign direct investment (FDI) in Pakistan witnessed a significant increase of 27.14% in November 2024, reaching $219.2 million compared to…
Pakistani Rupee Weakens Amid Dollar Demand, Analysts Project Positive Outlook
The Pakistani rupee experienced a minor dip of 10 paisas on Tuesday, December 17, 2024, closing at PKR 278.27 against…
Pakistan Stock Exchange Hits Record High as KSE-100 Index Surges Past 116,000
The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday, with the KSE-100 Index crossing the 116,000-point mark for…
SBP Cuts Key Policy Rate by 200bps to 13%, Marking Fifth Consecutive Reduction
The State Bank of Pakistan (SBP) has announced a reduction in the key policy rate by 200 basis points, bringing…
KCCI Criticizes SBP’s Modest Policy Rate Cut to 13%
The Karachi Chamber of Commerce and Industry (KCCI) has expressed disappointment over the State Bank of Pakistan’s (SBP) recent policy…
Rupee Remains Resilient Despite Marginal Decline to PKR 278.17
The Pakistani rupee showed resilience despite a minor dip against the US dollar in the interbank foreign exchange market on…
Ministry Clarifies World Bank Loan Cancellation Report as Misleading
The Ministry of Economic Affairs has firmly refuted recent reports claiming that the World Bank (WB) cancelled a $500 million…