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Pakistan requests $1 billion in climate finance from International Monetary Fund

Pakistan requests $1 billion in climate finance from International Monetary Fund

In September, the executive board of the International Monetary Fund approved a fresh $7 billion loan for Pakistan, authorities said. It came more than a couple of months after both sides said they had reached

Moody’s Upgrades Pakistan’s Credit Rating, Signaling Economic Improvement

Moody’s Upgrades Pakistan’s Credit Rating, Signaling Economic Improvement

This is positive news for Pakistan’s economy as Moody’s Ratings has raised Pakistan’s local and foreign currency issuer and senior unsecured debt rating from Caa3 to Caa2. It is attributed to a gradually enhancing macroeconomic

Being Financially Stable Before 30 – Mistakes to Avoid

Being Financially Stable Before 30 – Mistakes to Avoid

Reaching your 30s with a good grip on your money situation is a smart goal. Getting an early start on building wealth and avoiding debt can set you up for a bright financial future. However,

SBP Addresses Concerns Over Misprinted Banknotes

SBP Addresses Concerns Over Misprinted Banknotes

The State Bank of Pakistan (SBP) has issued a Statement in Response to the recent uproar Concerning Misprinted Banknotes asserting that while internal Controls are being Bolstered the Current System Still Carries a Degree of

Government Implements Substantial Increase in Petrol and Diesel Prices.

Government Implements Substantial Increase in Petrol and Diesel Prices.

In a Recent Move, the interim Government in Islamabad has implemented a Substantial increase in Petrol and Diesel Prices, Prompting Widespread Concern among the Public. According to Reports, the Price of Petrol has Witnessed a

State Bank of Pakistan Initiates Overhaul of Currency Notes to Counter Counterfeiting Issues

State Bank of Pakistan Initiates Overhaul of Currency Notes to Counter Counterfeiting Issues

The State Bank of Pakistan (SBP) is Planning to introduce New Currency notes for all Denominations Due to the increasing Complaints about Fake Notes. SBP Governor Jameel Ahmad mentioned that this Decision aims to Tackle

Pakistan Launches National Credit Guarantee Company to Boost SMEs

Pakistan Launches National Credit Guarantee Company to Boost SMEs

Pakistan has taken a Significant Step to Boost the Small and Medium-sized Enterprises (SMEs) Sector with the launch of the National Credit Guarantee Company Limited (NCGCL). This Credit Guarantee Company, a joint Venture between the

IMF Approves $700 Million Loan for Pakistan’s Economy

IMF Approves $700 Million Loan for Pakistan’s Economy

In a significant development, the International Monetary Fund's (IMF) Executive Board has given the green light for a 700 million loan tranche to support Pakistan's economic reform program. This injection of funds comes after the

Utility Stores Corporation Slashes Prices of Ghee and Cooking Oil for Consumer Relief

Utility Stores Corporation Slashes Prices of Ghee and Cooking Oil for Consumer Relief

In a move aimed at Providing Relief to Consumers the Utility Stores Corporation (USC) in Pakistan has Recently announced a Reduction in the Prices of Ghee and Cooking Oil. According to a notification issued the

Pakistan Mourns the Passing of Veteran Leader and Former Finance Minister, Sartaj Aziz

Pakistan Mourns the Passing of Veteran Leader and Former Finance Minister, Sartaj Aziz

Pakistan is grieving the loss of former finance Minister and Seasoned Politician Sartaj Aziz. The Sad news was Confirmed by Ahsan Iqbal  a leader from the Pakistan Muslim League Nawaz (PML-N). Ahsan Iqbal Expressed deep