Karachi: 30 September 2024, In an unprecedented move, the Government of Pakistan has initiated Monday a T-Bill buyback program, repurchasing PKR 351bn worth of T-bills against a target of PKR 500bn. This bold move is expected to strategically reprofile the government’s debt, transitioning towards longer maturities while lowering the burden of debt servicing costs. While…
Karachi: On 30 September 2024, the National Accounts Committee (NAC) released GDP estimates for 4QFY24, showing growth of 3.07% YoY, taking full-year (FY24) growth to 2.52%, higher than provisional estimates of 2.38% YoY released by the Government on May 21, 2024. In 4QFY24, agriculture grew 6.76%, industry 3.59%, and services 3.69%. Agriculture: Growth in Agriculture…
Islamabad, September 27, 2023: Special Investment Facilitation Council (SIFC) resumed the proceedings of the 5th Executive Committee Meeting on 27 September 2023; 2nd session was conducted to review the progress of remaining ministries regarding improving the business environment in the country and macro-economic stability. he Committee recommended concrete measures and policy-level interventions in the short,…
Karachi, September 2, 2023” KSE 100 Index declined by -5.2 percent on WoW basis, this decline can largely be attributed to growing concern over upcoming monetary policy where investors fear SBP will opt for significant increase in policy rate to stop continuous depreciation of Rupee and to tame inflation in the back drop recent increase…
Airline also introduces generous discounts on excess baggage rates to support demand from customers flying on essential trips Karachi, Dubai, March 02, 2021: Emirates’ Economy Class customers can now enjoy even more personal space and privacy onboard with the ability to purchase up to three empty adjoining seats on their flight. These seats will be…