Home / 2023 / January / 01

Daily Archives: January 1, 2023

Pakistan’s Startup Funding Plunges to Lowest in Nearly Three Years

Investment in Pakistan’s tech ecosystem continued its downward trend in Q4-2022, declining to just $15.15 million, according to data released by Data Darbar. This is the worst quarter for startup funding since Q1-2020 when investment stood at $5.025 mi...

Read More »

SBP Reserves Fell by Nearly $12 Billion in 2022

The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped from $17.686 billion to just $5.822 billion in the calendar year 2022 (from Dec 31, 2021, till Dec 23, 2022), registering a decline of 67% or $11.864 billion.The total liqui...

Read More »
Scroll To Top