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Commercial Banks Borrow Rs9.61 Trillion from SBP, Rate Cut Expected

25-Jan-2025
Commercial banks in Pakistan have borrowed Rs9.61 trillion from the State Bank of Pakistan (SBP) at an interest rate of 13.04 for a seven-day period, as reported by the central bank on Friday.However,...
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Commercial Banks Borrow Rs9.61 Trillion from SBP, Rate Cut Expected

FBR Seeks Exemption for Critical Vacant Posts to Support Transformation Plan

25-Jan-2025
The Federal Board of Revenue (FBR) has requested an exemption from the federal cabinet’s directive to abolish 60% of vacant posts, proposing to retain 1,730 positions as a one-time dispensation.This p...
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FBR Seeks Exemption for Critical Vacant Posts to Support Transformation Plan

New Reforms to Boost Industrial Zones and SEZs Across Pakistan

25-Jan-2025
The government has decided to extend the incentives granted to Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) to all industrial estates and zones across the country.Th...
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New Reforms to Boost Industrial Zones and SEZs Across Pakistan

State Bank of Pakistan Injects Rs10.31 Trillion into Banking System

25-Jan-2025
The State Bank of Pakistan (SBP) injected Rs10.31 trillion into the banking system on Friday through its Open Market Operation (OMO). This included Rs9.61 trillion disbursed via conventional reverse r...
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State Bank of Pakistan Injects Rs10.31 Trillion into Banking System

Pakistan Strengthens Digital Growth with China Partnership

24-Jan-2025
Federal Minister of Finance and Revenue Muhammad Aurangzeb said China has played an important role in Pakistan's digital transformation, which is essential for achieving sustainable economic developme...
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Pakistan Strengthens Digital Growth with China Partnership

FBR Seeks Policy Exemption for Modernization Push

24-Jan-2025
The Revenue Division has proposed a one-time waiver from the government policy that mandates the abolition of 60 percent of vacant posts in field formations, citing difficulties faced by the Federal B...
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FBR Seeks Policy Exemption for Modernization Push

Pakistan Moves Annual Electricity Tariff Adjustment to January

23-Jan-2025
The Pakistani government has decided to officially notify the International Monetary Fund (IMF) about its decision to reschedule the annual electricity tariff adjustment from July to January. This mov...
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Pakistan Moves Annual Electricity Tariff Adjustment to January

Government Raises Rs. 326 Billion Through T-bills as Yields Drop

23-Jan-2025
The government raised Rs326 billion through the sale of Treasury bills (T-bills) as yields decreased by up to 41 basis points, driven by expectations of a 100-basis-point rate reduction in the upcomin...
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Government Raises Rs. 326 Billion Through T-bills as Yields Drop

FIA Seizes Foreign and Local Currency in Kharadar Raid and Arrests Suspect

23-Jan-2025
The Federal Investigation Agency (FIA) Karachi Corporate Crime Circle has arrested a suspect and seized significant amounts of both foreign and local currencies during a raid in the Kharadar Gold Mark...
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FIA Seizes Foreign and Local Currency in Kharadar Raid and Arrests Suspect

Saudi Crown Prince Announces $600 Billion Investment in US Relations

23-Jan-2025
Saudi Crown Prince Mohammed bin Salman informed President Donald Trump during a phone call on Thursday that the kingdom intends to allocate $600 billion to boost trade and investment with the United S...
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Saudi Crown Prince Announces $600 Billion Investment in US Relations
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