finance News

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Pakistan, IMF near deal on review, $1.2bn disbursement in sight

Pakistan and the International Monetary Fund (IMF) are nearing the completion of discussions on the latest review of the country’s economic program, with negotiations expected to conclude by October 7, according to people familiar with the matter.

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Pakistan seeks stronger Hong Kong ties, pushes trade, finance, aviation cooperation

Pakistan has sought expanded trade and economic cooperation with Hong Kong, including greater collaboration in financial services, aviation and business-to-business connectivity.

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Pakistan to establish Virtual Assets Regulatory Authority

The groundwork for the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA)—a proposed autonomous body to oversee the digital finance...

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Pakistan seeks external financing avenues: FM

Pakistan will focus on meeting its external financing needs by speaking with foreign governments and lenders to draw foreign investment...

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Pakistan’s financing needs exceed 10% of GDP: World Bank

Pakistan faces financing needs surpassing 10% of Gross Domestic Product (GDP), underscoring the fiscal pressures the country faces, the World Bank...

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Finance Minister leaves banker life behind to fix economy

Pakistan’s new finance minister is on a mission to fix his country. To many, it’s an unenviable task...

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Muhammad Aurangzeb appointed as Finance Minister

Muhammad Aurangzeb has officially taken over the responsibility as Finance Minister of Pakistan...

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Pakistan’s external financing stands at $5.97bn in 1HFY24

The country secured external financing worth $5.968 billion in 1HFY24  from multiple financing sources against the annual budget estimates of...

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KPK declares emergency in 3 districts to expedite repatriation of illegal foreigners

The Khyber Pakhtunkhwa (KP) Relief, Rehabilitation and Settlement Department has declared an 'Emergency' in districts Khyber....

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Pakistan’s external financing stands at $3.2bn in 2MFY24

The country incurred external loans of $316.14 million in August 2023 from multiple financing sources...

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KSE100 168,580.41
244.16M 		0.07%
120.30
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585.86M 		0.19%
194.75
KSE30 50,388.99
127.07M 		0.09%
42.89
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89.53M 		-0.06%
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391.55M 		0.03%
17.00
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34.29
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Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 83,145.00 83,660.00
83,035.00 		-475.00
-0.57%
BRENT CRUDE 102.25 102.44
100.76 		2.05
2.05%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00 		1.20
0.94%
ROTTERDAM COAL MONTHLY 143.70 144.00
143.00 		-0.95
-0.66%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50 		0.00
0.00%
CRUDE OIL - WTI 89.79 89.97
88.77 		1.51
1.71%
SUGAR #11 WORLD 20.85 21.24
20.17 		0.03
0.14%
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