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Tag: Access to finance

Pakistan to Send One Million Workers Abroad for Employment Opportunities in 2023

National
The Minister for Overseas Pakistanis, Sajid Hussain Turi, has announced that the government is planning to send one million Pakistanis abroad for employment opportunities...

Pakistani Rupee Gains Momentum as Demand for US Dollars Slows

National
The Pakistani rupee has shown signs of recovery in the inter-bank market for the second consecutive working day, with a 0.25% increase or Rs0.70...

Pakistan’s Fuel Pricing Scheme Under Scrutiny for IMF Loan Agreement

Government
Pakistan is facing a crucial deadline to finalize a long-awaited loan agreement with the International Monetary Fund (IMF) to receive a $1.1 billion tranche...

IMF Needs Financing Assurances

National
The International Monetary Fund (IMF) has said that assurances of financial assistance from bilateral and other sources are critical to supporting the authorities' policy...

CAD shrinks on rupee depreciation

Government
Pakistan's current account deficit (CAD) dropped to a nearly two-year low in February 2023 as the country's imports were reduced due to administrative controls...

Foreign Exchange Reserves in Pakistan Boosted by Chinese Loan Amid Economic Challenges

National
The State Bank of Pakistan (SBP) has reported a significant rise in its foreign exchange reserves, with the current total standing at over $4...

Blockchain in Insurance Forecast

National
Blockchain technology has been gaining significant momentum in recent years, and it is transforming various sectors of the global economy. One of the industries...

Pakistani Rupee Maintains Upward Trend Against the Dollar

Editorial
According to a report in The News, traders expect the Pakistani rupee to maintain its upward trend against the US dollar in the coming...

“Efficient Handling of Seized Foreign Currency: Pakistan’s New Mechanism for Transparency and Accountability”

Government
Recently, the authorities in Pakistan have adopted a new mechanism for the handling of seized foreign currency. This move has been taken to ensure...

“Tensions mount between PCB and Punjab government over PSL security costs”

Government
The fate of Pakistan Super League (PSL) matches scheduled to be held in Lahore and Rawalpindi remains undecided due to a deadlock between the...

Cost of Ukraine war

Government
The ongoing conflict in Ukraine began in 2014 when Russian-backed separatists seized control of Crimea and parts of eastern Ukraine. The conflict has resulted...

Pakistan seeks IMF deal

Government
Prime Minister Shehbaz Sharif has stated that Pakistan is in the process of striking a deal with the International Monetary Fund (IMF) to revive...
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