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Business

Web Desk
Aug 31, 2024

Public debt projected to rise to nearly Rs80 trillion

Finance Minister disclosed to the National Assembly on Friday that as of June 2024, Pakistan’s total debt stands at Rs71.2 trillion.

Business

Web Desk
Mar 14, 2024

Pakistan, IMF discuss fiscal strategy and energy sector sustainability

Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the sustainability of the energy sector during a meeting with the International Monetary Fund (IMF) mission on Thursday, as per a statement released by the finance ministry.

Business

Web Desk
Feb 27, 2024

Pakistan clears Rs162.87 billion debt

The Government of Pakistan has retired a substantial debt of Rs162.87 billion in the week ending February 16, 2024.

Business

Web Desk
Nov 17, 2023

Govt borrows Rs1.8 trillion from banks in less than four months

The government has undertaken substantial borrowing, amounting to Rs1.8 trillion from scheduled banks between July 01 and October 06, 2023.

Business

Web Desk
Oct 27, 2023

PKR slips for fifth consecutive day, closes at Rs280.57 versus US dollar

In a consecutive fifth decline, the Pakistani rupee (PKR) weakened by 0.17 per cent against the US dollar (USD) in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP).