Roshan Digital Account Inflows Reach $165 Million in August 2024, Continuing Growth Trend
In a positive development for Pakistan’s foreign exchange reserves, inflows through Roshan Digital Accounts (RDAs) surged to $165 million in…
Government Raises Rs. 202 Billion in 13th Sukuk Auction at Pakistan Stock Exchange
The Government of Pakistan successfully raised Rs. 202 billion through the 13th auction of the GOP Ijarah Sukuk (GIS) at…
Jazz CEO Aamir Ibrahim Highlights Company’s Digital Transformation During Key IMF and World Bank Meetings
Aamir Ibrahim, CEO of Jazz, recently engaged in high-profile discussions with leading figures from the International Monetary Fund (IMF) and…
Alfa Payment Gateway Revolutionizes Digital Transactions with Innovative BNPL Feature
In today’s fast-paced digital world, online transactions have become a routine part of life. From purchasing the latest gadgets to…
KIBOR Rates Decline as Market Anticipates Major Policy Rate Cut
In a notable shift in financial market dynamics, KIBOR (Karachi Interbank Offered Rate) rates have experienced a significant decline since…
SBP Secures $2 Billion for IMF Program and Announces Economic Strategy: Governor Jameel Ahmad’s Key Highlights
On Thursday, Jameel Ahmad, Governor of the State Bank of Pakistan (SBP), announced that Pakistan has successfully arranged the $2…
State Bank of Pakistan Reduces Interest Rate by 200 Basis Points to 17.5%
The State Bank of Pakistan (SBP) has announced a significant reduction in the interest rate, lowering it by 200 basis…
Fauji Fertilizer Company and Habib Bank Partner to Advance Agricultural Financing in Pakistan
Fauji Fertilizer Company Limited (FFC), a prominent player in Pakistan’s agricultural sector, has announced a strategic partnership with Habib Bank…
IMF to Review $7 Billion Extended Fund Facility for Pakistan on September 25
The International Monetary Fund (IMF) has announced that its Executive Board will convene on September 25 to review and discuss…
SECP Issues White List of Approved Nano Lending and Other Lending Apps until September 2024
The Securities and Exchange Commission of Pakistan (SECP) has released a white list of approved digital lending applications, including nine…