The cumulative education expenditures by federal and provincial governments in the fiscal year 2022-23 (FY23) are estimated at 1.77 percent… Read More
Economic Survey Highlights Import Compression as Risk to FBR’s Tax Collection
The risks to the Federal Board of Revenue (FBR) revenue outlook are unprecedented import compression, a slowdown in economic activity,… Read More
SBP Reserves Decrease by $179 Million in One Week
The foreign exchange reserves held by the central bank declined by 4.3 percent on a weekly basis, according to data… Read More
Housing Finance Slumps in FY23 as Govt Falls Short of Expectations
The financing provided by banks for purchasing and building housing units slumped in the current financial year, as the incumbent… Read More
Pakistan World’s ‘Second Largest Supplier’ of Digital Services: Economic Survey
The International Labor Organization (ILO) Flagship Report (2021) has ranked Pakistan as the second largest supplier of digital labor services,… Read More
OGRA Reduces RLNG Price by Up To 5% for June
The Oil and Gas Regulatory Authority (OGRA), in accordance with the Policy Guidelines of the federal government, has determined the… Read More
Real Value’ of Dollar Still Below Rs. 250: Dar
Finance Minister Ishaq Dar has said that some hidden hands were involved in keeping the Pakistani rupee undervalued artificially. At… Read More
Agriculture Loan Disbursement Expands by 27% in Jul-March FY23
Credit access plays a critical loan in the modernization and development of any country’s agriculture sector. Pakistan Agriculture Credit disbursement… Read More
FTO Directs FBR to Issue Clear Instructions on POS
While disposing of a complaint, the Tax Ombudsman has directed FBR to issue instructions to field formations regarding Point Of… Read More
Agriculture Shows Slight Growth in FY23 Despite Floods
The Economic Survey of Pakistan FY 2022-23 is out and the Agriculture Sector which contributes a lion’s share of 22.9… Read More
Pakistan’s Industry Contracts by 3% in FY23
Pakistan’s industrial sector posted a negative growth of around 3 percent in the current fiscal year (FY23), according to the… Read More
Pakistan’s Public Debt Soars Above Rs. 59 Trillion: Economic Survey
Pakistan’s total public debt was recorded at Rs. 59,247 billion at the end-March 2023, registering an increase of Rs. 10,005… Read More
