Tag: economy
PSX loses over 1,400 points in early trade
Shares at the Pakistan Stock Exchange were in free fall with the benchmark KSE-100 index shedding more than 1,400 points on Monday, imitating the...
‘Pakistan is now well set for a major digital evolution’
Governor State Bank of Pakistan Reza Baqir has stated that with major digital enablers and fundamental components of a digital economy in place, Pakistan...
Rising coal prices hit Pakistan’s cement industry
The continuous rising prices of coal— mainly caused by the Russia-Ukraine conflict — has started taking a toll on the cement industry in Pakistan...
Pakistan signs debt suspension agreement with Saudi fund
Pakistan signed two Debt Service Suspension Agreements with the Saudi Fund for Development (SFD) amounting to $846 million under the G-20 Debt Service Suspension...
Cement despatches decline by 4.75 percent in Feb
Total cement despatches during February 2022 were 4.36 million tons against 4.57 million tons despatched during the same month of last fiscal year—a 4.75...
OCAC demands removal of new levy to avoid oil shortage
Price differential claim likely to impact industries cashflow which will lead to catastrophic disruption in the POL supply chain of the country
Ukraine crisis may lead to instability in Middle East
Current tensions adding a risk premium to prices
Time for Value-Added Exports
“Next year we will lower our debt. I do not see a problem there, but it may come back to haunt us, if we do not boost our foreign exchange earnings”
Business Bonanza
The PTI government may not have made a giant leap forward in sorting out the economy, but it has taken several unarguable steps in that direction