ECC Approves $6 Billion Refinery Upgrade Plan
As amended in August 2026, for major investments in the country's existing and brownfield oil refineries, the Economic Coordination Committee (ECC) of the federal…
Tag: Finance
SBP Keeps Interest Rate Unchanged 3rd Meeting in a Row
Meanwhile, the State Bank of Pakistan (SBP) on Monday decided to keep its benchmark policy rate unchanged at 11.5 percent.
Housing Loans Reach Record High of Rs. 286 Billion
Housing loans in Pakistan reached an all-time high of Rs.
IMF is Causing Unemployment in Pakistan
For context, the federal administration has kicked off abolishing up to 60 percent vacant positions throughout federal ministries and attached departments.
Century Insurance to Raise Rs. 448 Million Through Rights Issue
Century Insurance Firm Limited (PSX: CENI) has approved a rights problem of around Rs.
Sindh Motorway Hit by Corruption Allegations
Meanwhile, the Senate Standing Committee on Communications has raised serious reservations over alleged corruption in the motorway system, particularly in toll collection in Sindh,…
SBP Reserves Gain $1.2 Billion in One Week
Pakistan's foreign exchange reserves witnessed a massive rise during the week concluded September 04, 2026.
Can’t Release Profit on Blocked Foreign Currency Accounts: SBP Governor
In practice, the State Bank of Pakistan (SBP) on Thursday remarked it cannot take any action on the problem of profits linked to foreign…
FBR Refunds Rs. 197 Billion in First 2 Months of FY27
In practice, the Senate Standing Committee on Finance and Revenue has directed the Federal Board of Revenue (FBR) to provide details of tax refunds…
Gates Foundation Wants to Financially Support 6 Lac Pakistani Women And Kids
Notably, the Gates Foundation intends to reach around 170, 000 women and 450, 000 children in Pakistan this year through a program combining cash…