A poll by Topline Securities suggests that an increase of 75 bps or higher will be noted in the November 2021 Monetary Policy Statement (MPS).A total of 73 key financial market participants responded to the poll. For the coming MPS, 25 percent of the p…
The Pakistani Rupee (PKR) posted big gains against the US Dollar (USD) and appreciated Rs. 1.12 paisas against the greenback in the inter-bank market today- one of its highest single-day gains in 2021. It hit an intra-day high of Rs. 173.75 against the…
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, has stated that the government will soon introduce and enforce a whistleblower law against those hoarding different commodities as it is committed to curbing hoarding.The Advisor pres…
The World Trade Organization (WTO) has selected the Lahore School of Economics (LSE) under its WTO Chairs program.Advisor to Prime Minister for Commerce and Investment, Abdul Razzak Dawood, announced this in a tweet on Monday. He also congratulated the…
Asian Development Bank (ADB) officials Wednesday visited the Federal Board of Revenue (FBR) HQs to review the progress made on “FBR Reform Engagement with ADB” and issues and challenges being faced for effective implementation.During the meeting, the p…
The Joint sitting of the Parliament on Wednesday passed the crucial SBP Banking Services Corporation (Amendment) Bill, 2021 paving way paving way for International Monetary Fund (IMF) loan.The bill aims to reduce the Finance Ministry’s oversight of the…
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, held a meeting to review the establishment of the federal government Properties Management Authority at Finance Division. Senator Aun Abass Buppi, Secretary Finance, and senior office…
Remittances in Pakistan are likely to remain flat at the current levels in 2022, as the one-off effects of government incentives to attract them fade, though the Afghanistan factor will continue to sustain flows, says the World Bank.The Bank in its rep…
The Securities and Exchange Commission of Pakistan (SECP) has issued revised regulations, authorizing the registered valuers to carry out the valuation of properties, stocks, shares, debentures, securities, and any other assets of companies.According t…
The parliament on Wednesday approved three important bills, pertaining to the Securities Exchange Commission of Pakistan (SECP) bills, including a bill aimed to promote startups.According to details, the parliament in its joint sitting, approved the Co…
