Pakistan is expected to receive more than $2 billion from various sources within the next one and a half months.The sources include funds from the International Monetary Fund (IMF), the new Sukuk, and Eurobonds issues.Reliable sources from within the S...
Read More »Monthly Archives: December 2021
Govt Raises Rs. 68 Billion Through Fixed Rate Ijara Sukuk
The government on Thursday raised Rs. 68 billion through the auction of five-year fixed rate government of Pakistan Ijara Sukuk against the target of Rs. 25 billion.The cut-off rental rate of 11 percent, however, was much higher than the cut-off rate i...
Read More »Pakistan’s Growth Rate of Exports was Highest in South Asia Last Month
The Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, announced on Friday that Pakistan’s exports had registered the fastest growth rate in South Asia in November 2021.He tweeted that Pakistan’s exports had grown by 33.5 per...
Read More »Rupee Maintains Historic Losing Streak Against the US Dollar
The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) for the fourth day in a row and depreciated by 10 paisas against the greenback in the interbank market today. It hit an intra-day low of Rs. 177.95 against the dollar ...
Read More »Mohammad Yousuf Lauds Pakistan Team for Brilliant Back-to-Back Performances
Pakistan legend and former batter, Mohammad Yousuf, has lauded the back-to-back solid displays of the Pakistan cricket team in the T20 World Cup and Bangladesh.Chatting with the media, the former captain said that the performances of the national side ...
Read More »Babar Azam is the Most Successful Test Captain in 2021
Pakistan’s star batter, Babar Azam, has had a terrific start to his captaincy career in all formats of the game. While there were doubts about his leadership skills when he was first appointed as captain, those doubts have quickly been laid to rest by ...
Read More »Govt taking steps to promote tourism in country: President
President Dr. Arif Alvi says Pakistan is witnessing boom in tourism sector which will not only project positive image of the country but also help generate revenue.Addressing a conference on the eve of International Mountain Day in Islamabad on Friday,...
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