IMF seeks information on stock market, NSS, Nepra tariff: meeting in Istanbul on July 3
The International Monetary Fund (IMF), which is to quiz Pakistan's economic managers, led by Advisor to Prime Minister on Finance, Shaukat Tarin, on July 3, 2009, in Istanbul, has sought detailed information on the amount used by the public fund (NIT)-SEF for interventions in the stock market, their impact, stocks holdings by foreigners of shares listed on the Karachi Stock Exchange (KSE), and status of reforms of broker financing (badla), official sources told Business Recorder more...
Domestic debt hits record high
Country's domestic debt jumped by Rs618.3 billion to a historic Rs3.884 trillion during the period July to May of Financial Year 2008-09, the State Bank of Pakistan (SBP) reported Monday. The domestic debt which was Rs3.26 trillion by the end of June 2008 vaulted to Rs3.884 trillion by the end of May 2009 more... (FD)
Petrol, diesel prices to rise Rs6 per litre
The month of July will see rising petrol prices according to the latest announcement made by Ogra more... (D)