Tax cases worth Rs. 2.7 trillion have remained unresolved for decades, Federal Board of Revenue (FBR) sources informed ProPakistani. Sources… Read More
ADB Reaffirms Support For Pakistan in Areas of Finance, Energy, Climate
President Asian Development Bank (ADB) Masatsugu Asakawa in his meeting with the Pakistan delegation led by Ahad Khan Cheema, Federal… Read More
Budget 2024-25 Preparations Delayed As Govt Seeks IMF Input on Literally Everything
Preparations for the new Federal Budget 2024-25 are facing massive delays as the government prepares to consult on each and… Read More
Cement Sales Slightly Down in April 2024
Cement dispatches in Pakistan dipped 0.29 percent year-over-year (YoY) in April to reach 2.943 million tons (MTs) compared to 2.951… Read More
OGDC, PPL Witness Improvement in Recoveries From Customers
Oil and Gas exploration companies were among the top affected companies of the recent spikes in gas rates. However, post… Read More
Rupee Rises 3rd Day in a Row Against US Dollar Ahead of Crucial Saudi Meeting
The Pakistani rupee closed this week in green against the US Dollar third day in a row today after opening… Read More
Petroleum Sales Drop to Lowest Level in 6 Months
Petroleum products sales in April 2024 settled at 1.10 million tons, showcasing a decline of 6 percent YoY. According to… Read More
Rupee Marginally Up 2nd Day in a Row Against US Dollar
The Pakistani rupee closed in green against the US Dollar second day in a row today after opening trade at… Read More
Pakistan Records Rs. 197 Billion Primary Deficit in Q3 FY24
Pakistan recorded its first negative primary balance of FY24 during the quarter that ended on March 31, 2024 (3QFY24), amounting… Read More
Pakistan’s Inflation Drops to Lowest level in 2 Years
Pakistan’s Consumer Price Index (CPI) based inflation increased to 17.3 percent on a year-on-year basis in April 2024 as compared… Read More
Pakistan Among 10 Lowest Old Citizen Populations in Asia by 2050: ADB
Some economies in developing Asia are aging rapidly, however Pakistan, will still share lower than 10 percent by 2050, says… Read More
Govt Borrowing From Banks Hits Record Rs. 5.7 Trillion in Just 10 Months
The federal government has borrowed over Rs. 5.7 trillion from banks, official data from the State Bank of Pakistan (SBP)… Read More
