The deadline for the encashment, conversion, and redemption of prize bonds has been revised to 30 September 2021, according to… Read More
Electricity Prices Will Not Increase in The Future: Shaukat Tarin
The Federal Minister for Finance, Shaukat Tarin, said that power tariffs will not be increased in the future. He said… Read More
Fitch Ratings Predicts Better Than Expected Growth for Pakistan’s Economy in FY2022
America’s credit rating agency, Fitch Ratings, expects Pakistan’s growth to stabilize at nearly 4 percent in the upcoming fiscal year,… Read More
Rupee Breaks Two Weeks of Slump With A Huge Gain Against the US Dollar
The tide has turned for the Pakistani Rupee (PKR) on the final trading day of the week after four continuous… Read More
FBR Exempts FED on Import of Vehicles by UN’s Food and Agriculture Organization
The Federal Board of Revenue (FBR) has exempted federal excise duty (FED) on the import of ten vehicles by the… Read More
SBP Report Shows Promising Export and Import Trends for Pakistan
On 26 May 2021, the State Bank of Pakistan (SBP) released Pakistan’s disaggregated trade statistics for April 2021, showing that… Read More
Govt to Revise Budget Targets Based on Latest Economic Trends
The GDP growth rate in the upcoming budget was reset at 5 percent, up from 4.2 percent previously approved by… Read More
SBP Reserves Increased by $88 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by 0.55 percent, or $88 million, for… Read More
Pakistan Raises $500 Million in Its First Ever Green Bond
The Water and Power Development Authority (WAPDA) launched its first green Eurobond called the ‘Indus bond’. The Indus bond is… Read More
New Tariff on Industries and Exports on The Cards: Finance Ministry
A meeting was held at the Finance Division with the Federal Minister for Finance and Revenue Shaukat Tarin in the… Read More
Rupee Drops Even Further After Two Days of Huge Losses Against the US Dollar
The Pakistani Rupee (PKR) has continued its downward trajectory for the fourth day in a row against the US Dollar… Read More
NEPRA Recommends Privatization of DISCOs Over Their Poor Performance
In its Performance Evaluation Report (PER) of 2019-20, the National Electric Power Regulatory Authority (NEPRA) has recommended the privatization of… Read More
