Foreign Minister Bilawal Bhutto meets with Saudi Arabia’s counterpart

May 26, 2022

Washington DC May 26 2022:Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly...

Government raises PKR 146billion through PIBs auction

Government Raised PKR 89.4 billion In PIB Auction, Yield up by 24-70 bps: SBP

KARACHI May 25, 2022: The government on May 25, 2022 raised PKR 89.4 billion through an auction of fixed rate...

Primary Balance in 1HFY22 witnessed at PKR 81bn, down by 76 percent YoY

IMF link completion of review with increasing fuel and electricity prices

Washington, DC May 25 2022: An International Monetary Fund (IMF) mission led by Mr. Nathan Porter held both in-person and...

Talks between Pakistan and IMF completed

Doha May 25 2022: IMF Country Representative for Pakistan Ishtar Perez said that talks have been held with Pakistan to...

Russia pushed closer to brink of default after U.S. payment license expires

Washington DC May 25 2022: The United States pushed Russia closer to the brink of a historic debt default on...

Yasin Malik: Indian-administered Kashmir separatist leader sentenced to life imprisonment

New Delhi May 25 2022: A special court has sentenced Kashmiri separatist leader Muhammad Yasin Malik to life in prison...

Airlift closes its operation in South Africa and smaller cities of Pakistan amidst global recession

Karachi May 25 2022: In light of the significant downturn in global capital markets, Airlift is undertaking a strategic realignment...

Rupee continue to lose its worth against dollar for the sixteenth day, drop 51 paisa: SBP

Rupee continues to lose its worth against the dollar for the sixteenth day, dropping 51 paisa: SBP

Karachi May 25, 2022: Pakistan rupee continues its slide against the dollar for the sixteenth consecutive day to close at...

Habib Bank get SBP approval for investment of Rs1.4bn in its Asset Management Arm

Habib Bank get SBP approval for an investment of Rs1.4bn in its Asset Management Arm