Pakistan is engulfed in the world’s deadliest debt trap, says former SBP governor
WEB DESK: Former SBP Governor Dr. Murtaza Syed warns Pakistan of severe debt trap, urges prudent debt reprofiling On Saturday,…
State Bank of Pakistan Slashes Key Interest Rate
The State Bank of Pakistan (SBP) has announced a significant policy shift by cutting the interest rate by 150 basis…
Central govt’s debt rises by 8.6% to Rs66trn
WEB DESK: During the initial 10 months of fiscal year 2024, the central government’s combined domestic and external debt increased…
Pakistan’s foreign exchange reserves increased by 1.6mn dollars
WEB DESK: Pakistan’s foreign exchange reserves increased by $1.6 million last week. According to the State Bank of Pakistan, with…
S&P global forecasts 450bps policy rate cut by year’s end
WEB DESK: Pakistan’s inflation rate unexpectedly dropped below 12% in May, marking a 30-month low, according to data released by…
State Bank of Pakistan admits mistakes in new currency notes
Khanewal-based researcher Shahzad Faizi has identified six spelling and grammatical errors in Pakistan’s currency notes. Following the discovery of these…