The circular debt was recorded at Rs. 2,379 billion in the first quarter of the current fiscal 2021-22.The power division has informed the Cabinet Committee on Energy (CCoE) that the circular debt reached Rs. 2,379 billion from July to September (Q1) f…

The Federal Board of Revenue (FBR) has exceeded the assigned tax collection target of Rs. 397 billion set for the month of October 2021.It has collected Rs. 428 billion provisionally during this month against the assigned target of Rs. 397 billion unti…

The Sensitive Price Indicator (SPI) based weekly inflation rate has reached 14.31% after an increase of 1.23% on a year-on-year (YoY) basis. According to the Pakistan Bureau of Statistics, the combined index was at 163.44 on October 28, 2021, as compar…

Pakistan’s external debt and liabilities increased from $122.199 billion by the end of June 2021 to $125.876 billion by the end of September 2021, registering an increase of $3.677 billion.This was revealed by the Ministry of Economic Affairs in an in-…

Hackers targeted a section of the computer system at the National Bank of Pakistan (NBP) on Friday and caused disruption in payments for thousands of public sector employees.In the late hours of the 29th and early morning of the 30th of October, the cy…