The Pakistani Rupee (PKR) finally recovered against the US Dollar (USD) and appreciated 43 paisas against the latter in the… Read More
Remittances Witness 12% Rise in July-October FY2021-22
Remittances sent by overseas Pakistanis have maintained consistent inflows which surged to over $10 billion in the past four months… Read More
Govt is Yet to Remove Fixed Sales Tax on Local Smartphone Production
The government has not implemented a majorly approved recommendation of Mobile Device Manufacturing Policy of removal of fixed Sales Tax… Read More
Pakistan Railways Reports a Whopping 97.6% Deficit for 2020-21
The percentage of Pakistan Railways’ deficit as compared to revenue increased from 73.87 percent in 2017-18 to 97.68 percent in… Read More
Rupee Creates History Again by Dropping to New Low Against Dollar
The Pakistani Rupee (PKR) slid to a new record low against the US Dollar (USD) and depreciated by Rs. 1.54… Read More
Production Ministry Explains Why Cement Price Surged by 19.6% in PTI Govt
The price of cement has been increased by 19.62 percent during the current government’s tenure, admits the Ministry of Industries… Read More
SPI-Based Weekly Inflation Soars Due to Food and POL Prices
The Sensitive Price Indicator (SPI) for the week ended November 11, 2021, recorded an increase of 1.81% due to an… Read More
MSCI Adds 3 Pakistani Stocks to Frontier Market Index
Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI), has repositioned three Pakistani assets to its… Read More
Pakistan’s Total Liquid Foreign Reserves Cross $24 Billion
The total liquid foreign exchange reserves were recorded at $24.03 billion as of November 5, 2021, tweeted the State Bank… Read More
FBR Reports 27.6% Growth in Net Sales Tax From Imports in 2020-21
The Federal Board of Revenue (FBR) revealed on Thursday that the share of sales tax on imports remained 56.4 percent… Read More
Rupee Goes Through An Odd Day Against the British Pound and US Dollar
The Pakistani Rupee (PKR) is continuing its harrowing streak against the US Dollar (USD) for the fourth time this week… Read More
Pakistan, ITFC Ink $761.5 Million Agreement for Import of POL Products, LNG
The Ministry of Economic Affairs, Government of Pakistan, and the International Islamic Trade Finance Corporation (ITFC) have signed a financing… Read More
