State Bank of Pakistan Keeps Interest Rate Unchanged at 12%
The State Bank of Pakistan (SBP) announced on Monday that it has decided to keep the policy rate steady at 12%, citing inflationary trends and the external account’s position as key considerations in its decision-making process.
Matco Foods signs financing agreement with Bank Alfalah
Matco Foods Limited has announced a major financial milestone, securing a three-year financing agreement worth Rs750 million with Bank Alfalah.
Pakistan Crypto Council Names Bilal Bin Saqib as Chief Advisor
In a strategic move to underscore Pakistan’s dedication to technological advancement, the Government has appointed Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council.
Finance Minister Meets with Dairy Sector Executives to Address Industry Issues
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with representatives of the Pakistan Dairy Association (PDA) to discuss challenges faced by the industry and explore policy measures for its growth.
KP Govt announces to include free OPD in Sehat Card program
The Khyber Pakhtunkhwa government, on the special instructions of Chief Minister Ali Amin Khan Gandapur, has taken another unique initiative to ensure universal health coverage by including free OPD (Outpatient Department) services in the Sehat Card Plus.
CDC and IAP sign MoU for Life Insurance Policy Finder
Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of Pakistan Limited (CDCPL) has signed an important Memorandum of Understanding (MoU) with the Insurance Association of Pakistan (IAP) to enable and provide the Life Insurance Policy Finder for policyholders and their beneficiaries.
Pakistan’s IT Services Export Generates $1.864 Billion in Jul-Dec Period
Pakistan earned US $1.864 billion by exporting different Information Technology (IT) services in various countries during the first six months of the current fiscal year 2024-25.
Government Considers Tax Relief for Salaried Individuals in Upcoming Budget
The federal government is considering easing the tax burden on salaried individuals in the next budget after their income tax contributions surged to PKR 285 billion in the first seven months of the current fiscal year—an increase of Rs.100 billion compared to the same period last year.
Azerbaijan and Pakistan Partner to Develop Green Energy Corridor
In a significant move towards combating climate change and promoting sustainable energy, Azerbaijan and Pakistan have agreed to collaborate on renewable energy production, transmission, and trade.
PBA to Host Pakistan Banking Summit 2025 on February 24
The Pakistan Banks Association (PBA) proudly announces the launch of the Pakistan Banking Summit 2025 (PBS’25), a groundbreaking industry-led initiative aimed at driving financial advancement and innovation. Set to take place on February 24-25, 2025, in Karachi.