KARACHI: While seeking a single-digit interest rate, businessmen have rejected the State Bank’s decision to maintain interest rates at 10.50 per cent, terming it disappointing and counterproductive at a time when ind ... »»»

In a virtual address at the second edition of the Pakistan International Maritime Expo and Conference in Karachi, Federal Minister for Finance Muhammad Aurangzeb said on Tuesday that Pakistan is enjoying a moment of convergence between internal economic stability and favourable international dynami»»»

KARACHI: Nearly half of Pakistani businessmen believe the country is moving in the right direction, a Gallup Pakistan survey published on Monday showed, with sentiment climbing to its highest level since late 2021 amid signs of political and economic stabilization. The “direction of country” score »»»

KARACHI: Pakistan’s central bank left its key interest rate unchanged at 11 percent on Wednesday, saying the outlook for inflation had deteriorated due to energy prices, surprising analysts who had expected another cut. The Monetary Policy Committee of the State Bank of Pakistan said in a statement»»»

The International Monetary Fund (IMF) demanded on Tuesday Pakistan take further steps during the recent economic review discussions. The IMF delegation urged the government to implement timely right-sizing measures to reduce expenditures. Furthermore, the delegation insisted that the country addres»»»

Finance Minister Muhammad Aurangzeb has urged authorities, including the State Bank of Pakistan (SBP) to approach the potential introduction of cryptocurrency with an “open mind” amid significant developments in digital banking in Pakistan. “The reality is that crypto is already in vogue here in th»»»

KARACHI – Taxpayers in Pakistan face plethora of technical issues and errors while filing income tax returns every year via the IRIS system, and it even led to delays, and even forced many to avoid coming into the tax net, but the whole system is going to be revamped under current setup in Pakistan»»»