Tag Archives: Finance

During his address at the Pharma Export Summit and Awards (PESA-2023) in Islamabad, Prime Minister Shehbaz Sharif revealed that Pakistan is set to receive a $1 billion deposit from the United Arab Emirates (UAE) within the next couple of days. He also expressed confidence that the International Monetary Fund’s (IMF) Executive Board would approve a new $3 billion bailout facility …

The future of the Pakistani Rupee (PKR) against the US Dollar has been the subject of much discussion and analysis among financial experts. Projections indicate a potential depreciation of the PKR in the coming months and years. Analysts at Trading Economics forecast the PKR to drop to 293.52 against the US Dollar by the end of September 2023, with a …

Introduction: The EU Ambassador to Pakistan, Dr. Riina Kionka, has emphasized the need for improvement in certain areas if Pakistan wishes to renew its GSP+ (Generalized System of Preferences Plus) status. In a video message, Dr. Kionka highlighted the importance of freedom of expression, minority rights, gender equality, and labor rights. Failure to address these concerns could have significant implications …

Introduction: A recent meeting between PTI Chairman Imran Khan and an International Monetary Fund (IMF) delegation brought assurances that general elections in Pakistan will take place as scheduled. This post delves into the details of the discussion, which revolved around the IMF bail-out deal and the importance of adhering to the election timeline. Assurances from the IMF Delegation: Imran Khan …

Introduction: Real Estate Investment Trusts (REITs) have gained prominence in Pakistan’s financial market as a means of investing in the real estate sector. In this blog post, we provide an overview of two prominent REITs in Pakistan, Dolmen City REIT and Globe Residency REIT. We delve into their current share prices, dividend payout ratios, and essential share details, giving investors …

Introduction: Forex trading, also known as foreign exchange trading, is a popular investment method that involves buying and selling currencies in the global marketplace. It offers tremendous profit potential but can be complex and risky for novice traders. However, there’s a solution that allows individuals to tap into the expertise of seasoned traders and potentially earn profits without extensive market …

Introduction: The Finance Division in Pakistan has given its approval for the adjustment of advance payments to CPEC Independent Power Producers (IPPs), totaling Rs 20.726 billion. This blog post delves into the details of this decision, its significance in managing circular debt in the power sector, and its implications for the energy landscape in Pakistan. Understanding Circular Debt Management: Circular …

Introduction: The Pakistani currency experienced a moderate depreciation of 0.31% against the US dollar in the inter-bank market, settling at Rs277.90. Despite improvements in foreign exchange reserves, the currency continues to consolidate around current levels following the new International Monetary Fund (IMF) deal. This blog post delves into the recent fluctuations in the Pakistani currency and explores expert outlook and …

Introduction: Pakistan has recently provided the International Monetary Fund (IMF) with a financing plan for external payments, wherein it has assured the global lender of $8 billion instead of the requested $6 billion. This blog post delves into the details of Pakistan’s efforts to secure external financing and address its debt management challenges. Sources of Assurances: China, one of Pakistan’s …

Introduction: Insurance plays a crucial role in safeguarding individuals, families, and businesses against unforeseen events and financial risks. In Pakistan, there are several types of insurance available, each designed to address specific needs and provide coverage in various areas. In this comprehensive guide, we will explore the different types of insurance in Pakistan and their importance in protecting your assets …