Tuesday, October 22, 2024

State Bank of Pakistan to Remain Closed on September 17

The State Bank of Pakistan (SBP) announced that it will remain closed on Tuesday, September 17, 2024, in observance of Eid Milad-un-Nabi. In a...

Chairman OGDCL Calls for Stronger Governance to Unlock SOEs’ Potential

Chairman OGDCL, Zafar Masud, said that strong governance is crucial to unlocking the true potential of State-Owned Enterprises (SOEs) in Pakistan.Virtually speaking at the...

SBP Clarifies Art Competition Not Linked to New Banknote Designs

The State Bank of Pakistan (SBP) clarified that the winners of the art competition for banknote designs, announced on September 5, are not the...

SBP Cuts Interest Rate to 17.5%

The State Bank of Pakistan's Monetary Policy Committee (MPC) announced a significant cut in the key policy rate, reducing it by 200 basis points...

Govt Hikes Electricity Prices by Rs 1.74/Unit

The federal government has announced an increase in electricity prices by Rs 1.74 per unit, effective immediately.According to the official notification, this adjustment will...

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