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IMF bailout still in Pakistan’s best interest, says Asad Umar

Finance Minister Asad Umar on Wednesday said that despite financial assistance from other countries, approaching the International Monetary Fund (IMF) is still in the...

FBR to probe 25 aviation companies amid fraud allegations

The Federal Board of Revenue (FBR) has received reports of misappropriation in the income tax and federal excise duty by several aviation companies. As per...
state bank of pakistan

SBP mops up Rs91bn from market

KARACHI: The State Bank of Pakistan on Tuesday mopped up Rs91 billion from the money market for one day as repo sale through its open...