Finance Minister Muhammad Aurangzeb giving an interview to CNN Business Arabia. — X/@kschehzadInflation drops to single-digit from 38% peak.Primary surpluses and reserves strengthen external buffers.Ratings agencies upgrade Pakistan’s outlook this year.Finance…
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Govt slashes industrial power tariffs by around Rs4 per unit
A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileConsumers in the B1 category to pay charge of Rs 26.23 per unit.Tariff for medium-sized industries reduced to Rs 26.16 per unit.Those in B3 category will now pay Rs 27 per unit in…
SBP likely to hold interest rate at 11% amid inflation risks
State Bank of Pakistan building is seen in this undated image. — SBP/FileAnalysts expect no rate cut in upcoming SBP policy meeting.Rising food prices keep central bank cautious on rate decision.IMF urges SBP to keep monetary policy tight and data-driven.
The State Bank of…
Trump says he is firing Fed’s Cook over mortgage loan allegations
Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole economic symposium, in Jackson Hole, Wyoming, US, August 23, 2025. — Reuters
Trump says he has “cause” to remove Cook.First-ever effort to remove governor could face…