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Low-Performing Power Plants being Closed Immediately across the Country
On Wednesday, a high-level meeting on reforms in the power sector met here to address the issue of circular debt…
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SECP Grants 15-day Extension to Brokers
The Securities and Exchange Commission of Pakistan (SECP) issued a 15-day extension for the filing of Annual and Quarterly Anti-Money…
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SBP Extends Deferment of Principal Amount of Loans till Sept 30
In the wake of Covid-19, the State Bank of Pakistan (SBP) extended the deferment of the principal amount of loans…
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Pakistan’s Gross Financing Needs
The total financing needs of Pakistan were estimated at 51.2 per cent of Gross Domestic Product (GDP) in 2020 in…
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Why COVID-19 Has Less Deadly Effect in Pakistan and India?
Coronavirus has infected millions of people and caused thousands of deaths all across the world. Due to the destructive nature…
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Why COVID-19 Recession Could be Far Worse than 2008?
Despite the strict actions taken by the government in the wake of coronavirus in the form of lockdown and rapid…
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Are We Witnessing The Awakening of a New World Order?
The novel coronavirus pandemic has unveiled several flaws in the global system. Although numerous measures have been taken on a…
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The IMF Postponed Approval of Review for $450 Million Loan Tranche
The International Monetary Fund (IMF) has temporarily suspended the approval of a second analysis of the $6-billion bailout program scheduled…
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Builders & Developers to Initiate New Projects worth Rs. 1 Trillion
Pakistan is projected to see rapid growth in the housing and construction industry as builders and developers are expected to…
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Pakistan’s Foreign Exchange Reserves Plunged by 12% in Three Weeks
As per the official data released by the Central Bank, Pakistan’s foreign exchange reserves slumped more than 12% or $1.6…
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