SBP

SBP maintains policy rate at 22 percent

KARACHI: SBP Monday (29th April, 2024) persistently kept policy rate unchanged at 22 percent while stressing on continuation of the current monetary policy stance to bring inflation down to the target range. The central bank, in a statement issued here following the meeting of the Monetary Policy Committee (MPC), noted that the macroeconomic stabilization measures […]

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PM says no peace in world sans peace in Gaza

RIYADH: Prime Minister Shehbaz Sharif Monday (29th April, 2024) here said permanent peace in Gaza was imperative for achieving peace in the world. He was speaking at the plenary meeting of the special session of World Economic Forum on the theme of “Rejuvenating Growth”. He said, “The world will not be in peace unless there […]

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PM meets Saudi Minister of Commerce

RIYADH: Prime Minister Shehbaz Sharif on Monday said that the economic ties between Pakistan and Saudi Arabia had entered a new era as both countries were set to take concrete measures to boost the volume of bilateral trade in the coming days. The prime minister, in a meeting with Saudi Minister of Commerce Dr. Majid […]

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Health and Care Workers Protection in Pandemic Treaty

NEW DELHI/ISLAMABAD: Public Services International (PSI) and unions representing public service workers in India and Pakistan, have raised serious concerns regarding the ongoing negotiations for the Pandemic Treaty being discussed in Geneva, Switzerland. They have issued an open letter to the Health Ministers and Foreign Ministers of the two countries, asking them to support provisions […]

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Nishan-e-Imtiaz (M) conferred upon Turkish Commander

ISLAMABAD: President Asif Ali Zardari on Monday (29th April, 2024) conferred Nishan-i-Imtiaz (Military) upon Commander of the Turkish Land Forces General Selcuk Bayraktaroglu, in a special investiture ceremony held at the Aiwan-i-Sadr. The ceremony was attended by Chief of Army Staff General Syed Asim Munir, senior military leadership and other senior officials. The Nishan-i-Imtiaz (M) […]

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Bearish Bourse

Bears color the Pakistan Stock Exchange red

ISLAMABAD: Bears have colored the Pakistan Stock Exchange red on Monday (29th April, 2024) as the 100-Index of the bourse witnessed bearish trend shedding 1,047.71 points, negative change of 1.44 percent, closing at 71,695.03 points against 72,742.75 points the previous trading day. A total of 613,314,754 shares valuing Rs 26.314 billion were traded during the […]

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SBP Governor

Pak Economy Recovering, Claims SBP Governor

KARACHI: SBP Governor Jameel Ahmad has claimed on Saturday (27th April, 2024) night that the firm commitment of the government and the Central Bank to respond to the macroeconomic challenges had resulted in significant improvement and Pakistan’s economy was on the path to recovery amid global challenges. Jameel Ahmad, who was delivering a keynote address […]

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