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MoF Sets April 30 Deadline for Surrendering Unspent Funds

23-Apr-2025
The Ministry of Finance (MoF) has issued a stern mandate, ordering all ministries, divisions, departments, and autonomous bodies to surrender unspent or unused funds within a tight 10-day window, sett...
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MoF Sets April 30 Deadline for Surrendering Unspent Funds

MCB Bank’s Q1CY25 Profit Drops 17.78% to Rs14.65 Billion

23-Apr-2025
MCB Bank Limited (PSX: MCB) reported a steep 17.78% year-on-year drop in profit attributable to equity shareholders for the first quarter ending March 31, 2025, posting a net profit of Rs14.65 billion...
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MCB Bank’s Q1CY25 Profit Drops 17.78% to Rs14.65 Billion

Markets Anticipate SBP Interest Rate Cut on May 5

23-Apr-2025
As the State Bank of Pakistan (SBP) prepares to unveil its monetary policy decision on May 5, market sentiment is firmly leaning toward an interest rate cut, with 69% of participants in a recent surve...
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Markets Anticipate SBP Interest Rate Cut on May 5

BMP Reports 6% Rise in Banking Complaints, Provides Rs1.65B Relief in 2024

22-Apr-2025
The Banking Mohtasib Pakistan (BMP) has reported a sharp surge in customer complaints in 2024, delivering a record Rs1.65 billion in relief to banking customers amid escalating challenges in digital b...
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BMP Reports 6% Rise in Banking Complaints, Provides Rs1.65B Relief in 2024

CDNS Achieves Rs23 Billion Islamic Finance Target for 2024-25

22-Apr-2025
The Central Directorate of National Savings (CDNS) has triumphantly met its Rs 23 billion target for Islamic finance investments in the first ten months of the 2024-25 fiscal year, from July 1 to Apri...
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CDNS Achieves Rs23 Billion Islamic Finance Target for 2024-25

Engro Fertilizers Q1CY25 Profit Falls 63% to Rs2.9 Billion

22-Apr-2025
Engro Fertilizers Limited (EFERT), a titan in Pakistan’s fertilizer industry, reported a staggering 63% plunge in profit after tax (PAT) for the first quarter ending March 31, 2025, dropping to Rs2....
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Engro Fertilizers Q1CY25 Profit Falls 63% to Rs2.9 Billion

IMF Urges Pakistan to Exclude Provincial Projects from Federal PSDP

22-Apr-2025
The International Monetary Fund (IMF) has issued a stern directive to Pakistan, demanding the exclusion of provincially mandated development projects from the federal Public Sector Development Program...
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IMF Urges Pakistan to Exclude Provincial Projects from Federal PSDP

Safepay Granted Full PSP License by State Bank of Pakistan

21-Apr-2025
The State Bank of Pakistan (SBP) has awarded Safepay, a leading fintech innovator in digital payments, a full commercial license to operate as a Payment Service Provider (PSP), marking a pivotal miles...
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Safepay Granted Full PSP License by State Bank of Pakistan

APTMA Urges Correction of Grid Transition Levy Discrepancies

21-Apr-2025
The All Pakistan Textile Mills Association (APTMA) has issued a forceful demand to the Power Division to correct inaccuracies in the Grid Transition Levy and align it with current electricity tariff r...
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APTMA Urges Correction of Grid Transition Levy Discrepancies

Pakistan’s CPI Expected to Fall Below 0.5% in April 2025

21-Apr-2025
Pakistan’s Consumer Price Index (CPI) for April 2025 is projected to hit a record low, dipping below 0.50% year-on-year (YoY), with inflation expected to range between 0.05% and 0.5% YoY and a -0.8%...
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Pakistan’s CPI Expected to Fall Below 0.5% in April 2025
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