Big retailer, Metro Shoes, allegedly committed sales tax suppression fraud by pushing only selective transactions data to the Federal Bureau… Read More
Pakistan’s Textile Exports to Reach Record High in 6 Months: PM Advisor
Pakistan’s textile exports are all set to surge to record highs in the remaining six months of the ongoing fiscal… Read More
Petrol Prices Set to Break All Records Once Again
Petroleum prices in Pakistan are likely to increase from 1 February 2022 following global price movements that extended gains to… Read More
WEF’s Country Partner Endorses Economic Progress in Pakistan
Federal Minister for Finance and Revenue, Shaukat Tarin has stated that the World Economic Forum (WEF) has acknowledged the economic… Read More
Rupee Turns the Tide Against the US Dollar After Senate Approves SBP Bill
The Pakistani Rupee (PKR) is persevering with its good run against the US Dollar (USD) and posted gains in the… Read More
Senate Finally Passes Controversial SBP Amendment Bill
The Senate has officially passed the State Bank of Pakistan Amendment Bil in a session in Islamabad today. The session… Read More
Govt Attracts Rs. 133.5 Billion Through Pakistan Investment Bonds
The government raised Rs. 133.5 billion via auction of fixed-rate Pakistan Investment Bonds (PIBs) against an auction target of Rs.… Read More
Foreign Investors Withdrew $891 Million in First 6 Months of FY22
Foreign investors withdrew $891.2 million from Pakistan during the first six months of the ongoing fiscal year, which is a… Read More
SBP Reserves Plunge by $846 Million Due to External Debt and Other Payments
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed a substantial outflow of $846 million in the third… Read More
Finance Ministry Forecasts Current Account Deficit to Ease in Coming Months
The Government of Pakistan expects the excess of imports over exports will gradually ease in the coming months, bringing the… Read More
Rupee Rebounds Against Major Currencies
The Pakistani Rupee (PKR) reversed its losses against the US Dollar (USD) and persevered against the greenback despite hitting an… Read More
PTA and FIA’s Attempt to Block Cryptocurrency Websites Takes Another Turn
Pakistan Telecommunication Authority (PTA) and FIA Cyber Crime are struggling to decide the mechanism for blocking cryptocurrency websites. The PTA… Read More
