Author: Web Desk

January 14, 2022 Off

Cut-off Yield on T-Bills Drops by 14 BPS

By Web Desk

The cut-off yields on the auction of market treasury bills (T-Bills) dropped by 14 basis points despite an increase in the interest rate.The government raised Rs. 730 billion from the auction according to data released by the State Bank of Pakistan (SB…

January 14, 2022 Off

Private Sector Borrowing Up by 194% in 6 Months

By Web Desk

State Bank of Pakistan’s (SBP) data has revealed that private sector borrowing from banks crossed an all-time high of Rs. 1 trillion during the first half of the current fiscal.The private sector borrowed a total amount of Rs. 1.013 trillion from July …

January 14, 2022 Off

National Assembly Votes on Mini-Budget

By Web Desk

The National Assembly is in progress to vote on the Finance Supplementary Bill 2021. The session started with Speaker Asad Qaiser in the chair.Meanwhile, a motion seeking to circulate the Finance (Supplementary) Bill, 2021 for eliciting opinion on it f…