SBP Releases its Monetary Policy Report
The State Bank of Pakistan (SBP) on Wednesday released its Monetary Policy Report (MPR), outlining the major economic developments and macroeconomic outlook that were the main considerations in the recent…
Pakistan Set to Announce Federal Budget FY26 with Focus on Fiscal Consolidation and IMF Commitments
KARACHI: Pakistan’s government is poised to unveil its Federal Budget for Fiscal Year 2026 (FY26) on June 2, 2025, marking a third consecutive year of primary surplus as part of…
Pakistan Stock Exchange welcomes Federal Minister Mr. Ahsan Iqbal with a Gong ceremony
Karachi: Pakistan Stock Exchange (PSX) held a Gong Ceremony to formally welcome Mr. Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives – Government of Pakistan. The gong was…
Pakistan Budget FY25 – Stock market measures; Positive for market
KARACHI: Contrary to expectations of change in treatment of income from capital gain and dividends to normal tax, affecting net returns of the investors; we believe the budget FY25 is…
FBR tax target doubled Government lays ambitious budget of Rupees 18 trillion with historic deficit Home Grown Reforms Agenda proposed by Nawaz Sharif in 1990 to be followed says Finance Minister Aurangzeb
KARACHI: The federal government lead by Pakistan Muslim League (N) laid a budget of 18.88 trillion Rupees with a deficit of Rupees 9 trillion almost half of the total budget.…
Pakistan’s Dairy and Beef Sector need to transform through Precision Farming
Pakistan, Dutch, and Australian Companies Announce Partnership to introduce superior livestock and nutrition solutions! Lahore: Despite being 4th largest milk producer in the world and major sub-sectors of agriculture, contributing,…
Monetary Policy Statement
1. At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. The Committee noted that the macroeconomic stabilization measures are contributing…
Austrian ambassador explores investment prospects in Pakistan, stresses positive perception
Karachi: Ambassador of Austria to Pakistan and Afghanistan Andrea Wicke, joined by Hussain Islam, chairman of the Prime Minister’s Task Force in the Strategic Reforms Unit, and Johannes Brunner, commercial…
SECP Commissioner Insurance Highlights Takaful Potential at 6th Annual IIAL Conference
ISLAMABAD: The SECP Commissioner Insurance, Aamir Khan, emphasized the significant transition of Pakistan’s financial system towards Shariah compliance. This shift, aligned with the cultural and religious values of the people,…
SBP Releases Annual Report on The State of Pakistan’s Economy
The State Bank of Pakistan (SBP) released today its Annual Report on the State of Pakistan’s Economy for the fiscal year 2022-23. According to the report, Pakistan’s economy faced multiple…
Debt restructuring on the table as Pakistan faces rising debt burden and credit rating downgrade
In recent months, concerns have been raised about Pakistan’s debt framework due to funding concerns, delayed IMF reviews, tightening of global liquidity conditions, and continuous fiscal slippages. International credit agencies…
Building Infrastructure-Vital for Pakistan’s Sustainability
Karachi: InfraZamin collaborated with Nutshell Group to jointly host Pakistan’s first ever Infrastructure Summit at a local hotel in Karachi. Infrastructure development helps reduce unemployment and stimulates economic growth. In…
IPRE efforts against counterfeiting led to increased investment in Pakistan
KARACHI: The efforts of Directorate General of IPR Enforcement have led to increased investment in Pakistan and had a huge import on companies such as Samsung and OPPO enabling them…
Rupee 9.5 Trillion balanced budget focusing Agriculture announced
ISLAMABAD: Federal Finance Minister, Miftah Ismail on Friday announced the federal budget for Financial year 2022-23 with a total out lay of Rupees 9.5 Trillion. The maiden budget by newly…
Government to set tax revenue collection target of Rs7.25trn for FY23
KARACHI: Government is likely to set tax revenue collection target of Rs7.25trn for FY23 (9.2% of GDP), which is up 19% from the revised target of Rs6.1trn (9% of GDP)…
Monetary Policy Statement
At its last meeting on 8th March 2022, the Monetary Policy Committee (MPC) noted in its statement the significant uncertainty around the outlook for international commodity prices and global financial…
Capital markets is the only viable option for meeting country’s infrastructure financing needs: SECP Chairman
ISLAMABAD: In developing world, one of the pivotal concerns remains the finite spending capability of governments to bridge the infrastructure financing gap. It is for this reason that attracting private…
Monetary Policy Statement
At today’s meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 9.75 percent. This decision reflected the MPC’s view that the outlook for inflation has improved…
Speedy approval of new SME Policy imperative to sustain economic growth, Anjum Nisar calls for removing its flaws so that all sectors be addressed
Irfan Iqbal hails SBP for widening SME Sector definition to include emerging corporate sector: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP), raising serious concern over…
Foreign investors contributed Rs 1.4 Trillion tax and invested US $ 2.4 Billion during 2020 despite Covid 19 challenge–OICCI Survey
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI), the chamber of leading over 200 foreign investors in Pakistan belonging to 35 countries, has released the consolidated financial contribution…