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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PSX rebounds as oil eases on US-Iran diplomacy hopes
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi on February 14, 2023. — AFP
KSE-100 Index closed at 162,896.68, up 1,091.66 points, or 0.67%.Index hit intraday high of 164,309.64, up 2,504.62 points, or 1.55%.Index…
President notifies formation of 11th National Finance Commission with nine members
Stacks of Pakistani rupee notes seen in this undated image. — AFP/FileFederal finance minister to chair new NFC.Provinces nominate experts alongside finance ministers.Terms include tax, grants and fiscal powers.
ISLAMABAD: President Asif Ali Zardari has formally constituted…
Pakistan awards 23 offshore oil exploration blocks after 18-year gap
A general view of the Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway. — Reuters/FileFirst offshore bidding round by Pakistan since 2007.Four local-led consortia win exploration rights.Turkish national oil company TPAO among foreign partners.
Pakistan…