Move aims to discourage financial institutions across the country from parking funds in NSS products.
Agency says it is skeptical of the govt’s ability to meet revenue targets due to prevalent economic slowdown, absence of new taxes in budget.
Of the 11 sectors under the Oil Companies Advisory Committee, 10 show negative growth.
KARACHI: Emerging markets just witnessed the worst sell-off in history, one significantly larger than the global...
"For externally vulnerable countries, persistent tightening in financing conditions will increase debt burdens."
Since March 1, foreign investors have pulled large amounts of money from equity markets, T-bills and long-term PIBs.
On a month-on-month basis, the current account deficit shrank by 60pc to $210 million compared to $534m in January.
KARACHI: Amid delays in export orders and dampening consumer and producer sentiments, the State Bank of Pakistan...
The measures are a Temporary Economic Refinance Scheme and Refinance Facility for Combating COVID-19.
KARACHI: The foreign investment in the first eight months of this fiscal year jumped 512.9 per cent to $3.336 ...
KARACHI: Islamic banking grew by 9.6 per cent during the quarter ending Dec 31, 2019 as the sector’s assets posted...
Amid coronavirus fears, foreign investors have pulled out almost one-sixth of their investments in the past three weeks.
Central govt debt during the first seven months of the current fiscal year increased by Rs1.210 trillion to Rs32.997tr.
For SBP, key risk is sudden outflows due to shock.
The major chunk of that came under the software consultancy services.
The power sector needs $99.3bn, digital access $56.6bn, transport $38.5bn and clean water and sanitation $4bn.
With environment and climate risks topping the list, the next decade is being dubbed as “the decade of sustainability”.
Jump in numbers comes after a one-off payment made by telecommunication companies for licence renewal.
At least 79pc of the respondents are pessimistic in their outlook for the local and national economy.
KARACHI: US President Donald Trump on Wednesday categorically made it clear that his country doesn’t need any oil...