The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) today after opening trade… Read More
Electricity Distribution Companies Incur Rs. 239 Billion Loss in 3 Months
Electricity distribution companies (DISCOs) reported a Rs. 239 billion loss during the first three months of the fiscal year 2024-25,… Read More
Pakistan Can Earn Extra Rs. 65 Billion By Taxing Agriculture Income: Report
Applying tax rates on agricultural income similar to those imposed on other sectors can help Pakistan generate Rs. 65 billion… Read More
Rupee Depreciates Against All Currencies As Market Reels From External Pressure
The Pakistani rupee (PKR) posted losses second day in a row against the US Dollar (USD) today after opening trade… Read More
Pakistan’s Inflation Rate for November Likely to Fall Below 5%
Pakistan’s Consumer Price Index (CPI) for November 2024 is expected to clocked in at 4.5-5.0 percent YoY (+0.4 percent MoM),… Read More
Interest Costs to Eat Up 40% of Pakistan’s Budget By 2025: Moody’s
Interest costs in Pakistan will account for close to 40 percent of total spending in 2025, up from around a… Read More
IMF Finds Massive Problems in Pakistan’s Budget Making Process
The International Monetary Fund (IMF) has found massive problems in Pakistan’s budget-making and execution processes with deviations of up to… Read More
Rupee Abruptly Ends 3-Day Win Streak Against US Dollar
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Govt Asks World Bank to Restructure $200 Million Health/Education Project in Punjab
The government has approached the World Bank for restructuring the Punjab Human Capital Investment Project (PHCIP) worth $200 million to… Read More
IT Exports Up By 39% in October 2024
Pakistan recorded monthly IT exports of US$ 330 million, up by 39 percent YoY and by 13 percent MoM in… Read More
Cotton Arrivals Down 34% As of November 15
Cotton arrivals in Pakistan fell by 34 percent on a year-on-year basis as of November 15, according to the Pakistan… Read More
Foreign Direct Investment in Pakistan Down by 18% in October 2024
The net Foreign Direct Investment (FDI) in the country stood at $133 million in October 2024, down 18 percent compared… Read More
