The Federal Board of Revenue (FBR) assessed the draft bill for the withdrawal of sales tax exemptions and zero-rating worth… Read More
Rupee Halts Record-Breaking Dip Against the US Dollar After Five Days of Historic Lows
The Pakistani Rupee (PKR) finally held out against the US Dollar (USD) after five consecutive days of losses, and appreciated… Read More
SBP Makes Use of Banking Channels Mandatory for Exporters to Afghanistan and CARs
The State Bank of Pakistan (SBP) has withdrawn facilities for exporters of Afghanistan and Central Asian Republics (CARs) in response… Read More
Pakistan Received 47% More Loans This Year: Report
The government received $15.32 billion in fresh foreign loans from multilateral institutions and commercial banks during the previous fiscal year,… Read More
Govt to Consider Extending Deadline for Old Banknotes
The federal cabinet will today decide whether to allow some citizens to exchange old notes until December 31, 2026. Although… Read More
Asian Development Bank Sees High Inflation in Pakistan
The Asian Development Bank (ADB) has forecast a higher inflation projection for Pakistan, saying that adjustments to energy tariffs and… Read More
Remittances Grew by Almost 10% in First 5 Months of FY22
With $2.4 billion of inflows during November 2021, workers’ remittances continued their strong streak of remaining above $2 billion since… Read More
Rupee Sets 5th All-Time Low Record Against the US Dollar in 5 Days
The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) for the fifth day in a row… Read More
Rupee Maintains Historic Losing Streak Against the US Dollar
The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) for the fourth day in a row… Read More
TRG International Approves Allocation of Liquid Assets Worth $120M to Shareholders
The Resource Group TRG International (TRG) has informed TRG Pakistan that its board has approved the allocation of its liquid… Read More
Pakistan Will “Soon” Receive Over $2 Billion in Funds Through IMF, Sukuk And Eurobonds
Pakistan is expected to receive more than $2 billion from various sources within the next one and a half months.… Read More
Govt’s Borrowing Doubles in Just 5 Months
The government’s borrowing from multiple financial sources has doubled during the first five months of the ongoing fiscal year. According… Read More
