The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/FileISLAMABAD: The International Monetary Fund has forecast Pakistan’s economic growth at 3.6% for the ongoing fiscal year 2025–26, falling below the…
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PSX closes at record high on strong liquidity, sectoral gains
Stockbroker monitors share prices during a trading session at the Pakistan Stock Exchange in Karachi, 21 January 2025. — INP
The equity market surged to a fresh all-time high, crossing the 154,000 mark for the first time, on Friday, with sentiment fuelled by sustained liquidity…
Bitcoin plummets, driving $2 trillion tumble in crypto market value
A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. — Reuters
Bitcoin down 28% so far this yearCrypto market has lost $2tn since Oct peakRout may be triggered partly by…
Debt servicing far exceeds defence and PSDP in first half of FY26
A bank employee counts Pakistani rupee notes at a bank in Peshawar, on August 22, 2023. — ReutersDebt servicing at Rs3,563 billion in CFY.Defence spending totals Rs1,044 billion. PSDP is just Rs238 billion in first six months.
ISLAMABAD: Debt servicing continued to outpace…