World Bank’s Senior Tax Specialist, Sebastian James, has pointed out that Pakistan’s tax-to-GDP ratio dropped below average during the last… Read More
SBP’s Scheme Will Raise The Investment-to-GDP Ratio for Pakistan: Report
The State Bank of Pakistan’s (SBPP) Temporary Economic Refinance Facility (TERF) will raise the investment-to-GDP ratio by almost one percent… Read More
Rupee Continues to Strengthen Against US Dollar
The previous week had brought consistent improvements for the Pakistani Rupee (PKR) against the US Dollar (USD). The closing day… Read More
Exports Cross $2 Billion for the 5th Consecutive Month
Pakistan’s exports have crossed $2 billion for the fifth consecutive month, but have declined year-on-year, as per an announcement tweeted… Read More
Indus Valley Capital Raises $17.5 million to Invest in Pakistani Startups
Pakistan-focused venture capitalist, Indus Valley Capital (IVC) has raised $17.5 million for its maiden fund, MENAbytes reported. Indus Valley Capital,… Read More
Pakistani Rupee Posts Massive Gains Against All Major Currencies
The current week brought consistent improvements for the Pakistani Rupee (PKR) against the US Dollar (USD). After touching its highest… Read More
Pakistan’s New LNG Deal With Qatar Will Save $300 Million Annually
Qatar will provide Pakistan three million ton Liquified Natural Gas (LNG) for 10 years as the two countries entered into… Read More
SBP Allows Forex Firms to Enter Forward Sale Transactions with Banks
The State Bank of Pakistan (SBP) has allowed foreign exchange companies to enter into forward sale transactions up to five… Read More
CPEC Energy Projects Will Not Add Debt Burden on Pakistan
A spokesperson for China’s Ministry of Foreign Affairs, Zhao Lijian, said that the power projects under the China-Pakistan Economic Corridor… Read More
Nestle Pakistan to Face Criminal Trial Over Alleged Death of Child
In 2018, a Lahore-based citizen had filed a First Information Report (FIR) against the international food giant Nestle Pakistan over… Read More
Pakistani Rupee Reaches Another High Against the US Dollar
The current week has brought a consistent improvement for the Pakistani Rupee (PKR) against the US Dollar (USD). After touching… Read More
Fall in Cotton Production Pushes Prices to 11-Year High
Cotton prices peaked after 11 years as the spot rate has also increased to an all-time high in the history… Read More
Pakistan Has Lost Nearly $38 Billion Since Being Put on FATF’s Grey List
Pakistan has sustained economic losses of approximately $38 billion due to the Financial Action Task Force’s (FATF) decision to place… Read More
Pakistani Rupee Rises to Its Highest in 3 Months Against the US Dollar
The current week has seen consistent improvement for the PKR against the US Dollar. After touching its highest value on… Read More
Islamic Banking to Expand Across South and Southeast Asia Post Pandemic: Moody’s
Moody’s Investors Service has released a research announcement saying that Islamic financing will expand faster than conventional loans across South… Read More
