Karachi, December 30, 2019: The government is doing much better than the International Monetary Fund projection with respect to most of the macroeconomic indicators including inflation rate which is expected to come down to around 5 percent in the medium term, spokesman of ministry of finance said. With regard to inflation outlook, IMF has lowered…
Karachi, September 16, 2019: The Monetary Policy Committee (MPC) of State Bank of Pakistan has decided to leave the policy rate unchanged at 13.25 percent, at its meeting on 16th September 2019. The meeting was chaired by Governor State Bank of PakistanDr Reza Baqir. According to monetary policy statement, the decision reflected the MPC’s view…
Karachi, September 13, 2019: While most of the analysts are expecting status quo in upcoming monetary policy, analysts at Arif Habib Limited are seeing some 24 basis points cut in interest rate. The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on September 16, 2019. “We expect the central bank to…
Karachi, July 25, 2019: The overall passing rate for HSSC students is 97 percent with 51.4 percent of candidates scoring ‘A’ grade and above. Fizza Rubab, Agha Khan Higher Secondary School, Karachi obtained first position overall for HSSC examination, with an impressive 1041 out of 1100 (94.6 percent) marks. Not only this, Fizza also gained…
Uncertainty gripped the country after the budget. Economic indicators deteriorating: Mian Zahid Hussain Karachi, July 17, 2019: President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the country is in grip of…