The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
FBR Owes Rs. 85 Billion in Sales Tax Refunds to Exporters, SSGC
The financial burden of pending sales tax refunds to exporters and companies has climbed to Rs. 85 billion so far… Read More
IPPs Have Received Over Rs. 1.2 Trillion in Tax Relief While Power Consumers Suffer
Independent Power Producers (IPPs) in Pakistan have enjoyed substantial tax exemptions to the tune of Rs. 1.217 trillion from the… Read More
Rupee Continues to Recover Against US Dollar Despite Exclusion from IMF Agenda
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Foreign Direct Investment Up by 64% in July 2024
The net Foreign Direct Investment (FDI) in the country stood at $136 million in July 2024, up 64 percent over… Read More
Pakistan Imported Mobile Phones Worth Rs. 18 Billion in First Month of FY25
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
