A signaling outside the head office of Moody’s Corporation in Manhattan, New York, United States, November 12, 2021. – Reuters Moody’s US Credit Rating Now at “AA1”. The agency’s prospects on the “stable” country. Moody’s cites the rise in debts and the costs of interest. On Friday, Moody’s lowered the sovereign credit note of the … Read more
A worker has a fuel nozzle to fill the fuel in a car at the Karachi service station on September 16, 2023. – Reuters Although local oil refineries have continued to consume billions of rupees according to their duty over the years, they have failed to provide better fuel to the public and have become … Read more
A general view of the port of Gwadar. – Reuters / File Smaller excess assigned to higher goods imports, to lower exports. In annual shift, the current account surplus dropped by 96%, according to SBP. The analysts expected the current account to be negative. Karachi: Pakistan posted a smaller current account surplus in April, shrinking … Read more
American president Donald Trump and the crown prince of Abu Dhabi Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan react during the round table, during a sales forum in Qasr Al Watan, during the final stop of his Gulf visit, in Abu Dhabi, Emirates Arab American, May 16, 2025. The AI agreement is a major … Read more
A technician works on porcelain insulas on the power transmission tower in Karachi on December 7, 2018. Power prices can drop to RS2, providing relief to RS400B. Energy purchase price provided to fall to approximately RS24.75 / unit. The roupine is expected to be around 300 / dollars on average next year. Islamabad: While demand … Read more
A worker from the gas station holds a petrol nozzle at a fuel pump. – Reuters Instead of transmitting relief to consumers, the federal government announced Thursday to maintain the price of unchanged gasoline for the next fifteen to Rs252,63 per liter. However, the government has reduced Diesel at high speed of RS2 per liter, … Read more
The Minister of Finance, Muhammad Aurangzeb, chaired the meeting of the Economic Coordination Committee (ECC) on May 7 in Islamabad. – bring The refineries and the WTOs are faced with perpetual losses. End users would pay 85 billion additional rupees. Govt has increased oil withdrawal twice. Islamabad: The Economic Coordination Committee (ECC) decided on Tuesday … Read more
The flag of Pakistan representing a victim of September 11 of this country, is flying among the American flags erected by students and staff of Pepperdine University in Malibu on September 10, 2010. – AFP In a major development, Pakistan has offered a zero zero bilateral trade agreement in the United States, according to government … Read more
Pakistani merchants stand under an electronic card displaying stock prices on the Pakistanian Stock Exchange (PSX). – INP / File Bulls took charge of the stock market on Thursday when investors’ confidence was found after a previous downward session. Pakistan Pakistan Benchmark KSE-100 index of Pakistan Benchmark reached an intraday summit of 119,649.20 points, winning … Read more
An image of representation for electronic commerce. – Reuters / File IMF discussions focus on spending reductions, higher tax revenue. Online shopping considered as a keyword of tax revenue. FBR may require platforms to perceive the sales tax. Islamabad: the government is considering various measures to pass the electronic trade under the tax umbrella in … Read more
A street seller sells dried fruit in a Karachi market. – AFP / File A recent conflict with India is unlikely to derail the recovery: report. Inflation goes from 40% to zero Eurobonds, the stock market has a strong recovery Pakistan has achieved a rare “macroeconomic miracle” in the past two years that has drawn … Read more
The Pakistan State Bank building in Karachi. – SBP website / file SBP receives $ 1.023 billion as part of the IMF GA program. IMF funds to be shown in the reserves of May 16, explains SBP. The disbursement follows the head of May 9 of the Board of Directors. The State Bank of Pakistan … Read more