The federal government has allocated Rs. 1.31 billion for the conducting of by-elections in the next fiscal year. According to… Read More
Remittances Likely to Cross $30 Billion Despite 25.4% Dip in May
Remittances inflows in the outgoing month of May decreased by 25.4 percent on a month-on-month (MoM) basis and 6.9 percent… Read More
Rupee Crashes Against All Major Currencies on Budget Day
The Pakistani Rupee (PKR) reversed its recovering trend against the US Dollar (USD) and posted gains in the interbank market… Read More
Pakistan’s Media Industry Likely to Attract $3 Billion Investment
Pakistan Electronic Media Regulatory Authority (PEMRA) issued several new licensees for Direct-to-Home (DTH), satellite TV channels, FM radios, and teleport… Read More
Pakistan Completes 26 CPEC Projects Worth $17 Billion
CPEC is a flagship and most actively implemented project of the Belt & Road Initiative (BRI) where Pakistan and China… Read More
Pakistan’s IT Exports Register Over 29% Growth
IT and IT services exports surged to $1.948 billion at a growth rate of 29.26 percent during July-March financial year… Read More
Indirect Taxes Account for 60% of Total Tax Collection in FY22: Economic Survey
Indirect taxes contributed to more than 60 percent of the Federal Board of Revenue’s (FBR) total tax collection during 2021-22.… Read More
Pakistan’s Public Debt Soars Above Rs. 44 Trillion: Economic Survey
Pakistan’s total public debt was recorded at Rs. 44,366 billion at the end-March 2022, registering an increase of Rs. 4.5… Read More
Telecom Sector Contributed Over Rs. 163 Billion in Taxes in July-March FY22: Economic Survey
The telecom sector contributed Rs. 163.3 billion to the national exchequer in terms of taxes, regulatory fees, initial and annual… Read More
Rupee Posts Big Gains Against US Dollar Amid 3-Month High Oil Prices
The Pakistani Rupee (PKR) continued its recovery against the US Dollar (USD) and posted gains in the interbank market today.… Read More
Rupee Ends 4-Day Losing Streak Against US Dollar After Yesterday’s ‘Surprise’
The Pakistani Rupee (PKR) finally made recovery after four sessions against the US Dollar (USD) and posted gains in the… Read More
Debt Burden Likely to Swell to Rs. 4 Trillion Next Fiscal Year
The burden of debt servicing on the national exchequer is likely to swell to Rs. 4 trillion due to heavy… Read More
