Karachi: The State Bank of Pakistan (SBP) has announced a significant change in the Minimum Deposit Rate (MDR) policy, aimed at providing greater flexibility to banks. The revision will largely benefit banks by reducing their cost of deposits, especia…
Karachi: Pakistan’s exploration and production (E&P) sector is poised for a significant financial upswing, with revenues projected to reach unprecedented levels in the fourth quarter of fiscal year 2026, driven by increased oil and gas production …
Islamabad: Cement dispatches in fiscal year 2026 rose by 7.2% year-on-year, reaching a total of 50.5 million tons, primarily driven by an increase in domestic demand, according to a recent press release.
According to JS Global, domestic dispatches e…
Karachi: In a significant policy shift, the State Bank of Pakistan (SBP) has removed the minimum-rate-of-return requirement on eligible savings deposits. This move is seen as a measure to mitigate the financial repercussions stemming from the terminat…
Karachi: The State Bank of Pakistan (SBP) has amended its rules regarding the Minimum Deposit Rate (MDR), removing the requirement for Trusts, Private Limited businesses, and individual deposits exceeding Rs10 million. This regulatory change comes as …
Islamabad: Pakistan’s inflation forecast for the fiscal year 2027 has been revised downward, with expectations now set at an average of 7.0 to 7.5 percent, representing a decrease of approximately 100 basis points from earlier projections. This adjust…