Pak Rupee Devalues Against US Dollar to Start Crucial Week
The Pakistani rupee (PKR) again reversed gains against the US Dollar today after opening trade at 278 in the interbank market.
It was largely bearish and closed in red
May 13, 2024
May 13, 2024
IMF Urges Pakistan to Solve Its Political Crisis For Economic Stability
The International Monetary Fund (IMF) has urged Pakistan to ensure economic stability by addressing its political crisis.
During the introductory session on a new loan program between the lender
May 13, 2024
PM Orders Suspension of PASSCO MD Over Wheat Procurement Process
Prime Minister Shehbaz Sharif Monday ordered the suspension of two senior officers of Pakistan Agricultural Storage and Services Corporation (PASSCO) over their negligence in wheat procurement.
The premier also
May 13, 2024
SECP Releases Guide to Facilitate Modaraba Firms in Complying with Regulations
The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive guide to facilitate Modaraba Companies and Modarabas in complying with requirements of the Modaraba Ordinance 1980, Modaraba
May 13, 2024
FPCCI President Urges Govt to Open Chaman Border
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh Monday urged the government to open the Chaman border.
In a statement, Sheikh highlighted that the
May 13, 2024
PSX Closes At New All-Time High Amid Positive IMF Vibes
Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after briefly crossing 74,000 amid positive vibes from talks with the International Monetary Fund (IMF).
Pakistan
May 13, 2024
IMF Sees Inflation Falling to 6.5% in Pakistan by 2027-28
The International Monetary Fund (IMF) has projected a decline in inflation to less than 6.5 percent by financial year 2027-28, high-level sources told ProPakistani.
The Fund also noted that
May 13, 2024
PM Shehbaz to Meet IMF Mission Next Week to Ask For Another Bailout Package
Prime Minister Shehbaz Sharif will meet the International Monetary Fund (IMF) Mission next week, sources told ProPakistani.
The lender will meet the premier seeking assurances on targets in the
May 13, 2024
UBL to Build Regional Office at Naya Nazimabad
United Bank Limited (UBL), a leading bank in Pakistan, has acquired a 14,092 sq. yards commercial plot in Naya Nazimabad, Karachi, to build its regional office.
Naya Nazimabad is
May 13, 2024
IMF Mission Chief Meets Finance Minister
The International Monetary Fund (IMF) mission led by IMF Mission Chief Nathan Porter called on the Finance Minister Muhammad Aurangzeb today at the Finance Ministry to kickstart the discussions
May 13, 2024
Ministers Refuse PM’s Order to Go Environment-Friendly And Save Rs. 1 Billion
Most federal ministries have disregarded Prime Minister Shehbaz Sharif’s order regarding the adoption of E-Office. If they transition from a paper-based environment to E-Office, the government could save Rs.
May 13, 2024
Chinese Company to Inject 200 MW Solar Energy Into Pakistan’s Power Grid
Trina Solar Asia Pacific – one of the leading solar energy companies in China – has announced plans to inject 200 megawatts (MW) of solar energy into Pakistan’s power
May 13, 2024
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Pak Rupee Devalues Against US Dollar to Start Crucial Week
May 13, 2024
The Pakistani rupee (PKR) again reversed gains against the US Dollar today after opening trade at 278 in the interbank market.
It was largely bearish and closed in red against the greenback. However, it managed to post some gains against other major…
IMF Urges Pakistan to Solve Its Political Crisis For Economic Stability
May 13, 2024
The International Monetary Fund (IMF) has urged Pakistan to ensure economic stability by addressing its political crisis.
During the introductory session on a new loan program between the lender and the federal government on Monday, the IMF Mission …
PM Orders Suspension of PASSCO MD Over Wheat Procurement Process
May 13, 2024
Prime Minister Shehbaz Sharif Monday ordered the suspension of two senior officers of Pakistan Agricultural Storage and Services Corporation (PASSCO) over their negligence in wheat procurement.
The premier also directed the authorities concerned to …
SECP Releases Guide to Facilitate Modaraba Firms in Complying with Regulations
May 13, 2024
The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive guide to facilitate Modaraba Companies and Modarabas in complying with requirements of the Modaraba Ordinance 1980, Modaraba Rules 1981, Modaraba Regulations 2021,…
FPCCI President Urges Govt to Open Chaman Border
May 13, 2024
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh Monday urged the government to open the Chaman border.
In a statement, Sheikh highlighted that the Chaman border has been closed for the past week and thous…
PSX Closes At New All-Time High Amid Positive IMF Vibes
May 13, 2024
Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after briefly crossing 74,000 amid positive vibes from talks with the International Monetary Fund (IMF).
Pakistan equities closed the day’s affairs at 73,799 level, up 71…
IMF Sees Inflation Falling to 6.5% in Pakistan by 2027-28
May 13, 2024
The International Monetary Fund (IMF) has projected a decline in inflation to less than 6.5 percent by financial year 2027-28, high-level sources told ProPakistani.
The Fund also noted that Pakistan’s GDP will continuously grow in the next four year…
PM Shehbaz to Meet IMF Mission Next Week to Ask For Another Bailout Package
May 13, 2024
Prime Minister Shehbaz Sharif will meet the International Monetary Fund (IMF) Mission next week, sources told ProPakistani.
The lender will meet the premier seeking assurances on targets in the new loan program. Meanwhile, PM Shehbaz is expected to …
UBL to Build Regional Office at Naya Nazimabad
May 13, 2024
United Bank Limited (UBL), a leading bank in Pakistan, has acquired a 14,092 sq. yards commercial plot in Naya Nazimabad, Karachi, to build its regional office.
Naya Nazimabad is located at the cusp of District West and Central of Karachi. The area …
IMF Mission Chief Meets Finance Minister
May 13, 2024
The International Monetary Fund (IMF) mission led by IMF Mission Chief Nathan Porter called on the Finance Minister Muhammad Aurangzeb today at the Finance Ministry to kickstart the discussions on further engagement with the Fund.
The meeting was at…
Ministers Refuse PM’s Order to Go Environment-Friendly And Save Rs. 1 Billion
May 13, 2024
Most federal ministries have disregarded Prime Minister Shehbaz Sharif’s order regarding the adoption of E-Office. If they transition from a paper-based environment to E-Office, the government could save Rs. 1 billion annually.
Sources told ProPakis…
Chinese Company to Inject 200 MW Solar Energy Into Pakistan’s Power Grid
May 13, 2024
Trina Solar Asia Pacific – one of the leading solar energy companies in China – has announced plans to inject 200 megawatts (MW) of solar energy into Pakistan’s power grid to reduce the dominance of costly thermal power generation.
The initiative in…
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