CPEC is a flagship and most actively implemented project of the Belt & Road Initiative (BRI) where Pakistan and China… Read More
Pakistan’s IT Exports Register Over 29% Growth
IT and IT services exports surged to $1.948 billion at a growth rate of 29.26 percent during July-March financial year… Read More
Govt Unveils Pakistan Economic Survey with Promise of Economic Stability Next Year
Federal Minister for Finance and Revenue Miftah Ismail on Thursday formally launched the ‘Pakistan Economic Survey 2021-22’, the pre-budget document… Read More
Indirect Taxes Account for 60% of Total Tax Collection in FY22: Economic Survey
Indirect taxes contributed to more than 60 percent of the Federal Board of Revenue’s (FBR) total tax collection during 2021-22.… Read More
Pakistan’s Public Debt Soars Above Rs. 44 Trillion: Economic Survey
Pakistan’s total public debt was recorded at Rs. 44,366 billion at the end-March 2022, registering an increase of Rs. 4.5… Read More
Telecom Sector Contributed Over Rs. 163 Billion in Taxes in July-March FY22: Economic Survey
The telecom sector contributed Rs. 163.3 billion to the national exchequer in terms of taxes, regulatory fees, initial and annual… Read More
Rupee Posts Big Gains Against US Dollar Amid 3-Month High Oil Prices
The Pakistani Rupee (PKR) continued its recovery against the US Dollar (USD) and posted gains in the interbank market today.… Read More
Importers Demand Withdrawal of ‘Cruel’ Policy on Smartphone Industry
The Mobile Phone Importers and Manufacturers Association (MPIMA), in a letter to Finance Minister Miftah Ismail, has demanded the cancelation… Read More
Rupee Ends 4-Day Losing Streak Against US Dollar After Yesterday’s ‘Surprise’
The Pakistani Rupee (PKR) finally made recovery after four sessions against the US Dollar (USD) and posted gains in the… Read More
Debt Burden Likely to Swell to Rs. 4 Trillion Next Fiscal Year
The burden of debt servicing on the national exchequer is likely to swell to Rs. 4 trillion due to heavy… Read More
Govt Push to Keep Pakistan’s Islamic Finance Industry on Growth Path: Fitch Ratings
The Islamic finance industry in Pakistan is expected to continue its growth trajectory over the medium term, driven by strong… Read More
Rupee at New All-Time Low Against US Dollar After Biggest Single-Day Crash Since 2020
The Pakistani Rupee (PKR) shattered its previous record low against the US Dollar (USD) and posted losses in the interbank… Read More
