The Government of Pakistan is set to allow the import of cotton from Afghanistan and the Central Asian states via… Read More
High Cost of Doing Business is Limiting Pakistan’s Competitiveness: ADB Director
“The high cost of doing business limits Pakistan’s competitiveness,” said Asian Development Bank (ADB) Country Director for Pakistan, Xiaohong Yang.… Read More
Pakistani Rupee Achieves Highest Value Against the US Dollar in A Year
Pakistani Rupee traded at the highest value in nearly one year at the interbank currency market today. From trading, at… Read More
CCOE Sub-Committee Withdraws Proposal for Regulatory Duty on LPG Import
The proposed regulatory duty on liquefied petroleum gas (LPG) imports has been withdrawn at the last moment from the new… Read More
Textile Exporters Warn Govt of Dire Consequences if Duty-free Yarn Imports Are Not Allowed
Textile exporters have urged the government to allow duty-free import of cotton yarn to reverse the downtrend in exports. Value-added… Read More
Pakistan Issues Sugar & Wheat Tenders to Control Prices
The lowest price offered in Pakistan’s international tender to buy 50,000 tonnes of sugar is $540.10-tonne c&f, Reuters reported. The… Read More
26% Increase in Oil Sales Recorded in February
The total petroleum and lubricant sales were recorded at 1.4 million tons in February 2021, according to a report by… Read More
Trade Deficit Widens by 9% to $17.30 Billion
Pakistan’s trade deficit has swelled to $17.30 billion in the first eight months (July 2020 to February 2021) of the… Read More
Pakistani Rupee Closes at Its Highest in Nearly One Year Against the US Dollar
Pakistani Rupee traded at nearly one year low at the interbank currency market today, at Rs. 157.85 against the US… Read More
Pakistan’s Tax-to-GDP Ratio Raises Alarms Among Tax Experts
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
