PSX Witnesses Bullish Trend After IMF Lift Investor Sentiment On Reko Diq
KARACHI: The Pakistan Stock Exchange’s (PSX) capital market witnessed a strong bullish trend on Wednesday, primarily fuelled by the successful review of the International...
Smuggling Causes Decline In Petrol, Diesel Sales in Pakistan
ISLAMABAD: The Oil Companies Advisory Council (OCAC) has raised concerns over a decline in petrol and diesel sales due to smuggling, urging the Federal...
PSX Benchmark Hits Record High, Closes At 118,770 Points
KARACHI: The Pakistan Stock Exchange (PSX) reached a historic milestone as the market closed at an all-time high of 118,770 Points.
The benchmark KSE-100 Index...
Pak launches PCC To Integrate Blockchain Technology
KARACHI: The Pakistan Crypto Council (PCC) was officially launched to “regulate and integrate blockchain technology and digital assets” into the country’s financial landscape.
The Finance...
Pak, IMF Reach Close To Staff Level Agreement For Next Loan Tranche
ISLAMABAD: Pakistan and International Monetary Fund (IMF) have reached to a Staff Level Agreement (SLA) on the first review under the 37-month Extended Arrangement...
Pak-Oman Trade Ties: Both Agree To Activate ‘Joint Business Council’
ISLAMABAD: Federal Minister For Commerce, Jam Kamal Khan, met With Faisal Abdullah Al Rawas, chairman of the Oman Chamber of Commerce and Industry in...
Policy Talks Between IMF-Pakistan Begin As Tough Economic Measures Loom
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have commenced policy-level discussions on the next tranche of the $7 billion loan program, with the...
China Rolls Over $2bn Loan For Pakistan
ISLAMABAD: China has announced the extension of the repayment period of a $2 billion loan by another year in a major boost to Pakistan’s...
No Relief Power Consumers As IMF Rejects Pakistan’s Proposal
ISLAMABAD: The International Monetary Fund (IMF) has turned down Pakistan’s proposal to abolish General Sales Tax (GST) on electricity bills in an effort to...
IMF Asks Pak To Focus On Rightsizing To Cut Expenditure
ISLAMABAD: The International Monetary Fund (IMF) has called on Pakistan to timely implement the rightsizing measures to reduce expenditure.
The IMF mission made the demand...
