It makes move after inviting bids from banks for liquidity requirement

Pakistan counts more on edible oil imports that meet 86% of demand

Expert says significant increase in petroleum prices slashed their consumption

Political noise, high inflation may disturb economic momentum

Local currency hit an all-time low at Rs211.93 around mid-June 2022

Borrows more than double the target of Rs800b for budget financing

It comes following slowdown in receipt of export earnings, worker remittances

Banks release first financing tranche of Rs5.625 billion

Reaches initial agreement for sale of hotel with local buyer

Aims to push down cost of bank financing to government