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BUSINESS
SBP serves banking mafia by maintaining policy rate at 22 %
Karachi : Jan 29: The State Bank of Pakistan (SBP) on served the purpose of the banking mafia by maintaining the policy rate at 22 % for now. SBP Governor Mr Jamil , announced the decision of maintaining interest rate unchanged here on…
FFC announces financial results for 2023 ; sets healthy growth trend over last year
Rawalpindi : Jan 26 , 2024 : The Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2023 in its board of directors (BoDs) meeting held on January 26, 2024.
The year 2023 faced high…
SECP, ADB host workshop on “Women in finance thought leaders”
LAHORE, January 24: The Securities and Exchange of Pakistan and the Asian Development Bank have organized a "Women in Finance Thought Leaders Workshop," involving experts from the microfinance sector, ADB, Women's World Banking, IFC, and…
SECP and UN Women Hosts its 3rd ESG Symposium to advance sustainable Development
KARACHI, January 23: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with UN Women Pakistan, convened its third Environmental, Social, and Governance (ESG) Symposium focused on ESG based investing and Climate…
Pakistan , WB discuss strategy to reduce reliance on foreign debt
Islamabad : Jan 22 : Minister for Finance, Revenue and Economic Affairs met with the Country Director World Bank for Pakistan, Mr. Najy Binhassine and his team to discuss review and finalize the financing for two World Bank funded…
SECP , ADB to host workshop on “Women in Finance Thought Leaders
ISLAMABAD, January 19: The Securities and Exchange of Pakistan and the Asian Development Bank are partnering to host a "Women in Finance Thought Leaders Workshop," featuring experts from the microfinance sector, ADB, Women's World Banking,…
Overhauling of fiscal apparatus must to plug income -expense gap: Dr Shamshad
Islamabad : Jan 18 : Finance minister Dr Shamshad Akhtar on Thursday said a comprehensive overhaul of the government’s fiscal apparatus is vital to lower the revenue-expenditure gap. She added that bold reforms would lead to a new era of…
SECP notifies amendments to NBFC rules 2003
ISLAMABAD, January 13: The Securities and Exchange Commission of Pakistan (SECP) has issued draft of proposed amendments to the Non-Banking Finance Companies (Establishment & Regulations) Rules, 2003, to solicit public comments. Through…
FPCCI poised to play role in resolving issues confronting businessmen : FPCCI chief
Islamabad : Jan 12 : President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mr. Atif Ikram Sheikh said that the business community is the backbone of the economy and the FPCCI would take all possible measures to address…
IMF board okays release of $ 700 SBA tranche for Pakistan
Islamabad : Jan 2024 : In a major development , the Executive Board of the International Monetary Fund (IMF) completed the 1st review of Pakistan's economic reform program supported by IMF's Stand By Arrangement (SBA) on Thursday.
The…
