Pakistan

ahsan

Rs1,100 billion approved for development: Ahsan

ISLAMABAD: The government has approved a Rs1,100 billion development budget for the fiscal year 2023-24, said Minister for Planning, Development and Special Initiatives Ahsan Iqbal. Addressing a press conference here, the federal minister said that out of the total budget, Rs950 billion would be utilised under the Public Sector Development Programme (PSDP 2023-24) and Rs150 […]

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digital

Is Pakistan launching digital currency?

KARACHI: After making impressive progress in digital banking, the State Bank of Pakistan (SBP) is planning to launch a digital currency in the future, Geo News reported Friday. Central Bank\’s Digital Financial Services Group Additional Director Shoukat Bizinjo said that a large number of central banks around the world, including Pakistan\’s, are studying CBBCs (callable bull/bear contracts) in

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