The illicit sector now holds a major share of 54 percent of the cigarette market as compared to a 46… Read More
Rupee Depreciates Against US Dollar, Manages to Stay At 278
The Pakistani rupee (PKR) reversed gains against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Here’s Why Pakistani IT Companies Are Struggling to Retain Skilled Employees
Pakistan’s IT companies and software houses continue to witness staff retention challenges as employees are switching jobs frequently because of… Read More
Pakistan Needs Foreign Loans of $23 Billion Next Fiscal Year
Pakistan needs external financing of $23 billion next fiscal year, Finance Ministry sources told ProPakistani. The Ministry of Finance expects… Read More
Govt Borrowing Smashes All Records to Hit Rs. 6 Trillion in 10 Months
The federal government has borrowed Rs. 6 trillion from banks, official data from the State Bank of Pakistan (SBP) revealed.… Read More
Rupee Closes in Green Against US Dollar, Other Currencies
The Pakistani rupee gained slightly against the US Dollar today after opening trade at 278 in the interbank market. It… Read More
Shell Pakistan Announces Profit for Q1 2024
The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company posted… Read More
Circular Debt: Burden of Payments to Power Companies Spikes to Rs. 1.8 Trillion
The burden of payments to Independent Power Producers (IPPs) has spiked to Rs. 1,800 billion, Finance Ministry sources told ProPakistani.… Read More
Govt Imported Wheat Worth Rs. 7 Billion in April Alone
The federal government is poised to continue importing wheat as procurement from the international market continued without delay during its… Read More
Pak Rupee Suddenly Rises Against US Dollar, British Pound, AUD
The Pakistani rupee reversed yesterday’s losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
IMF Wants Pakistan to Tax Rs. 1.3 Trillion More Next Fiscal Year
The International Monetary Fund (IMF) wants Pakistan to tax Rs. 1.3 trillion more next fiscal year, massively raising the Federal… Read More
Rupee Ends 3-Day Win Streak Against US Dollar, Other Top Currencies
The Pakistani rupee reversed its 3-day winning streak against the US Dollar today after opening trade at 277 in the… Read More
