In the light of recommendations made by Financial Action Task Force (FATF), the Securities and Exchange Commission of Pakistan (SECP)… Read More
Pakistan’s Exports of Goods to China Rise by 17.8% in Q1 FY2018-19
The country’s export of goods to China during the first quarter of the fiscal year 2018-19 increased by 17.75 percent… Read More
China & UAE to Deposit $5 Billion in Pakistan’s Foreign Exchange Reserves: Report
China is expected to deposit $2 billion in Pakistan reserves during the month of December and more importantly the economic… Read More
Deadline for the Submission of Income Tax Returns Has Not Been Extended: FBR
The Federal Board of Revenue (FBR) has clarified that it has not extended the last date for filing income tax… Read More
Fitch Downgrades Pakistan’s Debt Rating to B-
Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’. Though it has maintained the… Read More
Pakistan Receives the Second Installment of Saudi Support Package
Pakistan has received $1 billion from Saudi Arabia as a second installment of the promised loan of $3 billion. With… Read More
Inflation Continues to Rise in Pakistan vs Other Regional Countries: ADB
Except in Pakistan, inflation rate in all other regional countries is either declining or slow down, revealed Asian Development Bank… Read More
Govt Has the Data of 700,000 People Who Don’t Pay Taxes: Finance Minister
One of the major issues, that Pakistan’s fragile economy has been beset with for a long period, is resource mobilization… Read More
Pakistan’s GDP Growth to Decline in FY2019 and 2020: Moody’s
Moody’s expects real GDP growth in Pakistan to slow to 4.3-4.7% in fiscal 2019 (ending June 2019) and fiscal 2020,… Read More
Remittances Inflows Drop by 19% in November
Remittances sent by overseas Pakistan from various countries dropped by 19.58 per cent in November as compared with October. According… Read More
Remittances to South Asia Set to Increase by 13% in 2018
Remittances to South Asia are projected to increase by 13.5 percent to $132 billion in 2018, a stronger pace than… Read More
Microfinance Needs to Connect to The Capital Market to Meet its Growth Trajectory
It is essential to connect the microfinance sector with the capital market to enable the sector to meet its growth… Read More
