Nov
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SBP: Banks to remain closed on Nov 9
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An undated image of a State Bank of Pakistan building. — SBP Website/File KARACHI: The State Bank of Pakistan (SBP) has announced that all the banks will remain shut on November 9 owing to the birth anniversary of Dr Allama…
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Govt set to pay $27.5b debt by Nov | The Express Tribune
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KARACHI: The central bank has reported that Pakistan has to pay $27.47 billion in foreign debt and interest cost over one year till the end of November 2024 and arrangements have already been made to pay a large proportion of…
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Rs908b added to public debt in Nov | The Express Tribune
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ISLAMABAD: The interim government added Rs908 billion to public debt in November alone – the third-highest increase in a single month in this fiscal year, largely due to increased expenditures, pushing its overall debt to Rs63.4 trillion. The State Bank…
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Energy imports drop 13% to $1.42 billion in Nov | The Express Tribune
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KARACHI: Pakistan experienced a 13% decline in overall energy imports, reaching $1.42 billion in November 2023, shedding light on subdued demand for petroleum, oil, and gas products. Economic activities remained lacklustre due to sluggish growth, and the recent surge in…
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Pakistan records $9m current account surplus in Nov | The Express Tribune
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KARACHI: Pakistan’s balance of current account recorded a surplus of $9 million in November 2023 after remaining in deficit in the first four months (July-October) of the current fiscal year 2023-24, suggesting that the country’s capacity to make international payments…
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KE to collect additional surcharge from Karachiites till Nov 2024
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Workers seen on an electric pole in Islamabad, on October 26, 2023. — APP ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Thursday approved a hike of Rs1.52 per kWh surcharge for Karachi Electric (KE) consumers. The approval was given…
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7th edition of ‘The Future Summit’ set to commence in Karachi on Nov 15
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The Future Summit’s seventh edition is to be held in Karachi from November 15 to November 16. — YouTube/@NutshellGroup The seventh edition of “The Future Summit” will take place in Karachi from November 15 to November 16. The seventh edition…
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Smog: SBP announces bank holiday in Punjab districts on Nov 10
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An undated file image of the State Bank of Pakistan building. — AFP/File In line with the provincial authorities’ measures to combat smog, the State Bank of Pakistan (SBP) on Wednesday announced that all bank branches would remain shut in…
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Elon Musk’s Tesla attains 14,000 China insurance registrations in 1st week of Nov
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A handout photo provided on April 1, 2016 by Tesla Motors shows the car manufacturer’s new Model 3 which was unveiled on March 31. — AFP China saw a rise in Tesla car insurance registrations last week as the updated…
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IMF delegation to visit Pakistan on Nov 2 for SBA review
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In this file photo taken on April 15, 2020, a sign is seen outside the headquarters of the International Monetary Fund (IMF) in Washington, DC. — AFP A delegation of the International Monetary Fund (IMF) will arrive in Pakistan on…
