The foreign reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $415 million (2.2 percent) to $18.15 billion, mainly due to external debt repayments.According to the data released by the State Bank of Pakistan (SBP), the foreign ex…
The Public Accounts Committee (PAC) voiced its concerns regarding the Finance Ministry’s briefing on the Rs. 1,240 billion COVID-19 relief package, on Wednesday, after the ministry reportedly failed to satisfy the committee.During an audit briefing of …
A meeting of the Cabinet Committee on Energy (CCoE) was held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar in Islamabad on Thursday.The Cabinet Committee on Energy considered the report on the i…
The State Bank of Pakistan (SBP) has stated that the Federal Investigation Agency (FIA) is the appropriate authority to investigate illegal transactions in cryptocurrencies.Responding to queries raised by ProPakistani, an SBP spokesperson said in case …
The number of 3G and 4G users in Pakistan reached 106.68 million by the end of November 2021 as compared to 105.73 million by the end of October 2021, registering an increase of 0.95 million, according to the PTA data.The number of cellular subscribers…
The most significant impact of the COVID-19 for road and rail transport in Pakistan was on border-crossing time as trade facilitation indicator (TFI) averaged 55.7 hours, far above the 28.3 hours in 2019, states the Asian Development Bank (ADB).The ban…
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin held a meeting with Special Assistant to the Prime Minister (SAPM) on E-Commerce Senator Aun Abass Buppi at Finance Division on Thursday.Senator Buppi extended congratulations to the ad…
The Pakistani Rupee (PKR) posted minimal gains against the US Dollar (USD), appreciating three paisas to stand at Rs. 178.12 against the greenback in the interbank market today. It hit an intra-day low of Rs. 178.65 against the USD during today’s open …
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