Information Technology (IT) export remittances including telecommunication, computer, and information services from July 2021 to April 2022 have surged to… Read More
FBR to Hold Back Notifications for Increase in Regulatory Duties
The Federal Board of Revenue (FBR) will not issue notifications to raise regulatory duties or impose new regulatory duties on… Read More
Current Account Deficit Shrinks to $623 Million in April
The country’s current account deficit narrowed significantly in April 2022 to stand at $623 million, which is only two-thirds of… Read More
Ban on Imported Items to be Applicable Prospectively
The ban on the import of 38 goods would not be applicable on those imported consignments where letters of credit… Read More
Pakistan’s Forex Reserves Plunge by $215 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $215 million in the week that ended on May 13, 2022, depicting… Read More
Transparency International Demands Probe Into Smart CNICs Contract Worth $30 Million
Transparency International Pakistan (TIP) has asked the Minister of Interior to examine the allegations in the award of the contract… Read More
Govt Committed to Fast-Track Projects Under CPEC: PM Shehbaz
A delegation led by Mr. Cheng Guoping, China’s External Security Commissioner, called on Prime Minister Shehbaz Sharif today. The Prime… Read More
Privatization Minister Holds Meeting with Pre-Qualified Bidders of Pakistan Steel Mills
Federal Minister for Privatization Mir Abid Hussain Bhayo on Thursday chaired a meeting with pre-qualified bidders of Pakistan Steel Mills… Read More
Here’s the Complete List of Imported Items that Pakistan has Banned
The government has banned the import of non-essential and luxury items to stabilize the fast depleting foreign exchange reserves and… Read More
FBR’s Failure to Assign Cases Likely to Cost National Exchequer Billions in Revenue
The Federal Board of Revenue (FBR) has failed to provide cases to the Corporate Tax Office (CTO) Karachi, and there… Read More
Rupee Shatters All Records Against US Dollar Amid Tricky IMF Talks and Oil Drop
The Pakistani Rupee’s (PKR) hopeless collapse made history against the US Dollar (USD) and posted losses in the interbank market… Read More
Govt Might Not Include New Projects in Next Budget
Planning Commission might hardly include new projects in next budget in its development projects due to lesser resources available for… Read More
Farmers Now Can Have Finances and Electronic Warehousing Too for Their Produce
Farmers can now avail financing facility from banks by placing their produce and agricultural commodities in electronic warehouses. By doing… Read More
Govt Calculates Dollar at Rs. 186 for Initial Budget Framework for IMF Discussion
The Ministry of Finance has finalized the rate of Rs. 186 per US$ for the initial budget estimates for the… Read More
Every 1 out of 3 Rupees of Income spent on Debt Servicing in Last Ten Years
Previous government is last ten years spent one out of every three rupees of income on debt repayments. the same… Read More
