The Ministry of Finance has admitted that remittances will help keep the current account deficit manageable and financeable. The Economic Advisor’s… Read More
Experts Express Reservations Over Proposed Hike in Taxes on Telecom Services
The proposed increase of five percent in the withholding tax (WHT) on telecommunication services and the standard rate of 17… Read More
Rupee Breaks Another Record Against the US Dollar Despite FIA’s Big Initiative
The Pakistani Rupee (PKR) dropped to a new all-time low against the US Dollar (USD) and depreciated by four paisas… Read More
Local Mobile Phone Production is Twice as Much as Imports
The production of mobile phones by local manufacturing plants has witnessed a significant increase of 3.25 million in November 2021,… Read More
Banks Surpass Rs. 100 Billion Financing Under Mera Pakistan Mera Ghar Scheme
Prime Minister Imran Khan has lauded the leading role of the State Bank of Pakistan (SBP) and the efforts of… Read More
Rupee Continues to Struggle Against the US Dollar Despite Big News from the ADB
The Pakistani Rupee (PKR) failed to post gains against the US Dollar (USD) and depreciated by one-third of a paisa… Read More
Here’s How Pakistani Stocks and Sectors Have Performed in 2021
Owing to various factors behind their performance, some stocks and sectors have outshined others, including the biggest and the oldest… Read More
SBP’s Forex Reserves Plunge by $415 Million Due to Rising External Debt
The foreign reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $415 million (2.2 percent) to $18.15… Read More
PAC Unhappy With Finance Ministry’s Handling of COVID-19 Relief Fund
The Public Accounts Committee (PAC) voiced its concerns regarding the Finance Ministry’s briefing on the Rs. 1,240 billion COVID-19 relief… Read More
Pakistan Received $4.6 Billion Foreign Debt in July-November FY22
The government borrowed $4.699 billion from multiple foreign financing sources in the first five months (July-November) of 2021-22. The government… Read More
Rupee Finally Breaks Its Record-Breaking Streak Against the US Dollar After US Good News
The Pakistani Rupee (PKR) posted minimal gains against the US Dollar (USD), appreciating three paisas to stand at Rs. 178.12… Read More
Jazz Tops PTA Complaint Charts Yet Again
Data from the Pakistan Telecommunication Authority (PTA) has revealed that Jazz leads the chart with 6,407 complaints, followed by Telenor… Read More
