The country imported mobile phones worth $64.504 million in the first month (July) of the current fiscal year 2024-25, registering… Read More
IT Exports Surge By 34% YoY in July 2024
The country’s information technology and IT-enabled services (ITeS) export remittances comprising computer services and call center services registered around a… Read More
Banking Sector Deposits Near Rs. 31 Trillion in July 2024
Banking sector deposits have maintained their steady growth since the turn of the new year, posting a 19.1 percent year-on-year… Read More
Pakistan’s Current Account Posts $162 Million Deficit in July
Pakistan’s Current Account Deficit (CAD) shrank by 78 percent in July 2024 to $162 million compared to a deficit of… Read More
Pakistan’s Debt-to-GDP Ratio Fell to 6-Year Low in FY24
Pakistan’s debt-to-GDP ratio fell to a 6-year low in the financial year 2023-24 to 70 percent, as nominal GDP has… Read More
FrieslandCampina Engro Pakistan Profit Declines By 6% to Rs. 1.26 Billion in H1 2024
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first half of the year, concluding on 30th June,… Read More
Rupee Ends Week With Encouraging Gains Against US Dollar, Euro
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Engro Polymer Posts Rs. 1.6 Billion Loss for H1 2024
Engro Polymer & Chemicals (EPCL) announced its 2Q2024 result today, where the company recorded a consolidated loss of Rs. 688… Read More
Rupee Stable Against US Dollar, Crashes Against Euro
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
FBR Officers Spend Rs. 212 Million on Petrol, Car Repairs Without Permission
The Auditor General of Pakistan’s audit objections of FBR for 2021-22 and 2022-23 revealed that the amount spent on petroleum… Read More
World Bank Rates Progress on Pakistan’s $400 Million Revenue Project
The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and implementation of track and trace system are… Read More
Pak Rupee Posts Small Losses 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) slid second day in a row against the US Dollar today after opening trade at 278… Read More
