The Federal Board of Revenue (FBR) has provisionally collected over Rs. 659 billion in July 2024 against the assigned target… Read More
Govt Expects Big Industry to Continue Recovery in FY25
The Finance Division expects the large-scale manufacturing (LSM) sector to continue on its path to recovery during the current fiscal… Read More
Pakistan’s External Position Improved in FY24 Due to Higher Exports, Remittances
The ministry of finance said Tuesday that Pakistan’s external account position improved in the fiscal year 2023-24 (FY24) due to… Read More
Govt Expects Inflation to be Around 12-13% for July
The federal government expects inflation to be around 12-13 percent for July 2024 and 11-12 percent in August 2024. In… Read More
SBP Reserves Plummet by Nearly $400 Million Due to Debt Repayments
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by almost $400 million on a weekly… Read More
Dewan Farooque Motors Shares Update on Its Electric Vehicle Venture
Dewan Farooque Motors Limited (PSX: DFML) announced Tuesday that Jigs required for manufacturing of electric vehicles have been installed. Earlier… Read More
Pakistan’s Textile Exports Remain Flat in FY24
The country’s textile group exports increased by around 0.93 percent during the fiscal year 2023-24 and remained at $16.655 billion… Read More
SBP Reserves Increase Slightly to Stay Above $9.4 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose slightly on a weekly basis to close… Read More
Govt Announces Huge Increase in Petrol Price, Diesel Also Up
The federal government on Monday announced a significant increase in prices of petroleum products. According to a notification issued by… Read More
Indus Motor to Temporarily Halt Production Due to Parts Shortage
Indus Motor Company Limited (PSX: INDU) announced an eight day plant shut down on Friday. In a notice to the… Read More
SBP Reserves at 2-Year High After Another Weekly Increase
The foreign exchange reserves held by the State Bank of Pakistan (SBP) hit the highest level since July 7, 2022,… Read More
SBP Amends Policy to Facilitate Export-Oriented IT Companies
The State Bank of Pakistan (SBP) has revised Foreign Exchange Manual (FEM) to facilitate export-oriented companies. A circular issued by… Read More
