A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. — Reuters/FileAverage cost of external public debt around 4%: ministry.Ministry says total external debt, liabilities stand at $138bn.About 7% of external debt consists of commercial…
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Remittances rise 9% to $16.1bn in first five months of FY26
A currency exchange dealer holds dollars in his hands. — AFP/FileNovember inflows rise YoY but fall from October.Saudi Arabia stays Pakistan’s largest remittance source.Brokerage projects FY26 remittances to reach $41bn.
Workers’ remittances to Pakistan rose 9%…
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…
2.7% economic growth not enough to meet needs of rapidly growing population: Aurangzeb
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb. — APPMacroeconomic stability, reforms restore confidence: Aurangzeb.FinMin says fiscal discipline replaces consumption model.Says climate resilience inclusion underpin long-term sustainability.
Federal…