Business optimism has declined across the board in Pakistan, with the trading sector registering the biggest decline in optimism.This was the conclusion of Dun and Bradstreet Pakistan’s ninth edition of the “Business Optimism Index” (BOI) report for th…
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, has said that the government will work towards resolving the issues of government employees with disabilities during a meeting with the representatives of the Government Employees Special Per…
The International Monetary Fund (IMF) has urged Pakistan to do more by timely addressing structural reforms for fiscal stability, and maintaining a prudent monetary policy in compliance with the Financial Action Task Force (FATF).Highlighting key indic…
Pakistan’s exports to the United States in January 2022 stood at $570 million, indicating a 25 percent increase as compared to $456 million in the corresponding month last year.According to data released by the Ministry of Commerce, Pakistan’s export m…
The State Bank of Pakistan (SBP) has issued instructions that will enable Person-to-Person (P2P) fund transfers in the country through Raast, Pakistan’s Instant Payment System developed by the central bank.SBP believes that the launch of Raast P2P serv…
The trade deficit narrowed by 30.1 percent on a month-on-month basis from $4.816 billion in December 2021 to $3.362 billion in January 2022, according to the PBS [Pakistan Bureau of Statistics] data.The country’s exports declined by 7.8 percent on a mo…
Meezan Bank will launch Pakistan’s first Islamic e-commerce payment gateway and point-of-sale (PoS) system this year, as the bank aims at providing a Sharia-based digital transaction system and solution to merchants and customers countrywide.The bank i…
The Executive Committee of National Economic Council (ECNEC) on Monday approved the Punjab Arterial Roads Improvement Programme (PARIP) worth Rs. 129.94 billion. The project sponsored by the Government of Punjab envisages the construction of 535 km of …
