The Pakistani Rupee (PKR) lost 21 paisas against the US Dollar (USD) and closed at 170.74 today. On Friday, PKR… Read More
Govt to Pay Rs. 13 Billion to Import 200,000 Tons of Sugar
The government has to pay more than Rs. 13 billion additionally for importing 200,000 tons of expensive sugar. According to… Read More
Pakistan, IMF to Start In-Person Talks This Week Over $1 Billion Loan Approval
Pakistan and the International Monetary Fund (IMF) are scheduled to start in-person talks this week in Washington, D.C., from October… Read More
Big Corporations Will Have to Pay Global Minimum Corporate Tax of 15%
Big corporations will have to pay a minimum tax rate of 15 percent, according to a deal made by 136… Read More
Textile Exports Grew by 26% YoY in September
Pakistan’s textile exports grew by 26 percent year-over-year to $1.503 billion in September, according to the All Pakistan Textile Mills… Read More
Rupee Gains Big Against the US Dollar for Second Consecutive Day
The Pakistani Rupee appreciated against the US Dollar for the second consecutive day. It gained 34 paisas against the US… Read More
Pakistan Submits Human Rights Action Plan for GSP Plus Review: Report
Pakistan has submitted an action plan on human rights to the European Union for the Generalised Scheme of Preferences Plus… Read More
Pakistan’s Energy Sector Circular Debt Falls 85% Between July and August
Minister for Energy, Hammad Azhar, said on Friday that the flow of circular debt from the energy sector has started… Read More
IMF Advises Govts to Spend Less Amid Post-Pandemic Recovery
The International Monetary Fund (IMF) has advised governments to return to sustainable national budgets as the world begins to recover… Read More
Forex Reserves Fall by $125 Million
The foreign reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $125 million to $19,169.1 million on… Read More
IMF Asks FBR to Collect More Taxes From Pakistanis
The International Monetary Fund has asked Pakistan to raise its annual tax collection target from Rs. 5.8 trillion to Rs. 6.3… Read More
ECC Forms Sub-Committee to Consider Ban on Onions and Tomatoes Exports
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Economic Coordination Committee (ECC) of… Read More
