Published by Al-Araby India delivered two tons of medicines to Afghanistan on Friday, although it has not officially recognized its Taliban government. The medicine was given to Kabul’s Indira Gandhi Continue Reading »
GIBRALTAR, Jan. 7, 2022 /PRNewswire/ — Crypto derivatives markets have been heating up in recent years as investors have shown a strong appetite for leveraged asymmetric crypto trades. According to a recent crypto trading industry report (2021 Q3) released by Token Insight, over $52 trillion in derivatives contracts were traded in the first three quarters […]
With a view to facilitating the public, the federal government upon recommendation of the State Bank of Pakistan (SBP) has extended the last date for exchanging old banknotes of Rs. 10, 50, 100, and 1000 by one year to December 31, 2022.Previously, the…
Despite its efforts, the government has failed to stop the smuggling of goods from India and Iran into Pakistan, causing the economy to bear the brunt in terms of revenue and industrial output.Sources in the Federal Board of Revenue (FBR) told ProPakis…
The Ministry of Finance stated on Friday that the amendments proposed to the State Bank of Pakistan (Amendment) Bill were in line with the international best practices and aligned to the ground realities in Pakistan.In a detailed clarification about th…
The International Monetary Fund (IMF) executive board is likely to delay the sixth review of the $6 billion Extended Fund Facility (EFF) on account of delay in implementation of some of the prior actions by the government, official sources told ProPaki…
The Sensitive Price Indicator (SPI) for the week ended 6 January 2022, recorded an increase of 0.08 percent, stated the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 25 (49.02 percent) items increased, 7 (13.73 percent…
In its clarification about the controversial State Bank of Pakistan (SBP) Amendment Bill, SBP has stated that the proposed amendment has identified the domestic price stability as the primary objective of the bank, followed by financial stability and s…