Economy
Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks
Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
LSMI output surged by 5.8% YoY in April
In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in March 2024.
However, on a month-on-month basis,...
SPI surged by 1.3% WoW
According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3%...
Pakistan Aims for reaching IMF Staff-Level Agreement in July: FM Aurangzeb
Finance Minister Muhammad Aurangzeb said Thursday the federal government was hopeful of reaching a staff-level agreement with the International Monetary Fund (IMF) in July...
PIA 777 impounded in kualumpur for not paying Lease amount
PIA Boeing 777 registration APBMH operating flight islamabad Kuala Lumpur Islamabad is impounded by the Malaysian Authorities in Kuala Lumpur by orders of the...
Pakistan’s Exports increased 18% YoY & imports surged 25% during December,...
Pakistan Bureau of Statistics (PBS) revealed the exports from the country increased by 4.98 percent during the first half (H1) of the current fiscal...
Forex Reserves inched up by 0.79% to USD 20,402.40Mn
As per the data released by the SBP, the Pakistan's Forex Reserves increased by USD 160.60 Million or 0.79% and the total liquid foreign...
Roshan Digital Account receives its highest ever single day remittance of...
In a latest tweet from the State Bank of Pakistan, the inward Remittances from overseas Pakistanis into Roshan Digital Account rose to $7.7 million,...
ECC approved the removal of Regulatory duty on Cotton Yarn, awaits...
The ECC today approved removal of Regulatory Duty on Cotton Yarn. This will facilitate the exports of apparel sector. This is in line with...
Monetary Policy: SBP maintained the Policy rate at 7%
The Monetary Policy Committee (MPC) decided to maintain thepolicy rate at 7 percent. The MPC noted that since the last meeting in September, the...
