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Business

Web Desk
Jun 08, 2024

SBP may cut policy rate by 100 bps on Monday

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to convene on Monday, June 10, to deliberate on potential adjustments to the monetary policy.

Pakistan

Web Desk
Mar 23, 2024

Karachi’s anti-profiteering drive nets over 100 offenders

Karachi’s district administration has taken strict action against profiteering during the Holy Month of Ramazan, with a total of 104 profiteers facing fines in the port city.

Business

Web Desk
Mar 09, 2024

IMF signals readiness for second review of Pakistan’s SBA

In a recent media briefing, Julie Kozack, the Communication Director of the International Monetary Fund (IMF), announced the organisation’s readiness to undertake a mission for the second review of the stand-by arrangement with Pakistan.

Business

Web Desk
Feb 09, 2024

Former SBP governor flags inflation as key hurdle for new administration

Dr Reza Baqir, emphasised the need for the incoming government to engage in negotiations with the International Monetary Fund (IMF) and tackle the challenge of inflation.