State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that macroeconomic indicators of the country have improved notably and collaborations among microfinance institutions play a vital role in driving financial inclusion and empowering individuals and businesses across the country. He was speaking at an event where ABHI and TPL Corp announced the launch of ABHI Microfinance Bank through t
Following Prime Minister Shehbaz Sharif's visit to Uzbekistan, economic strategists and regional experts stress that further enhancing and strengthening trade ties with Uzbekistan will open new avenues for business opportunities. They advocate for an innovative, integrated, and digitalised model of economic integration, industrial cooperation, investment, and joint ventures. They said there is
Prime Minister Shehbaz Sharif has blocked a move to allow dual nationals to become governor, deputy governors, and members of the monetary policy committee of the central bank after a cabinet committee unanimously recommended making dual nationals eligible for these positions. The federal cabinet last week deferred the approval of the State Bank of Pakistan Amendment Bill 2024 for the second ti
Trading on the Pakistan Stock Exchange (PSX) remained sluggish on Thursday, with share prices moving sideways. Low trading volumes and a lack of positive triggers contributed to the benchmark index’s continued losses. Ahsan Mehanti of Arif Habib Corporation said the market closed lower as investors eye corporate and provincial tax reforms ahead of IMF approvals for the budgetary proposals for
The finance ministry, in its monthly economic outlook report on Thursday, said that the consumer price index (CPI) inflation would maintain its stable trajectory in February. “Inflation is anticipated to remain within the range of 2.0-3.0 per cent for February 2025; however, there are prospects of a slight increase to 3.0-4.0pc by March 2025,” the report said. Analysts have noted that the cu