The federal government has fixed Rs. 88.24 per kg maximum retail prices of sugar. Documents available with Propakistani stated that… Read More
Pakistan’s Automobile Sector Posted 23.4% Growth in 9 Months
Pakistan’s automobile sector posted double-digit growth of 23.4 percent from July 2020 to March 2021, sharply improving upwards from a… Read More
Govt Sets Rs. 27.15 Billion Export Target
The federal government has set an Rs. 27.15 billion export target for the current fiscal year 2021-22 in the proposed… Read More
ADB Revises Growth Projections in Its Asian Development Outlook Report
The government of Pakistan estimated growth at 3.9 percent in fiscal year 2021, the improvement underpinned by strong growth in… Read More
Pakistan’s Textile Exports Increased by 23% in FY21
The country’s textile group exports grew by 22.94 percent during the last financial year 2020-21 and remained $15.4 billion as… Read More
Here’s How Much Foreign Debt Pakistan Borrowed in FY20-21
Pakistan incurred a foreign debt of $14.282 billion from multiple financing sources during the fiscal year 2020-21, including $4.721 billion… Read More
Cabinet to Approve Policies for NGMS Spectrum Auction Next Week
The federal government is likely to approve the policy directive for the auction of Next Generation Mobile Services (NGMS) Spectrum… Read More
SBP Eliminates Requirement Of Electronic Import Form For Importers
SBP has made revisions in foreign exchange regulations for imports of goods into Pakistan to facilitate import transactions through the… Read More
Pakistan’s IT Exports Cross $2 Billion Mark For The First Time
Pakistan’s IT sector made a giant stride in the outgoing financial year with an impressive penetration in the exporting countries,… Read More
Current Account Closes FY20-21 With a Deficit of $1.8 Billion
Despite record receipt of exports and all-time high inflows of remittances, the current account posted a deficit of $1.8 billion… Read More
Sindh Revenue Board Exempts Sales Tax On Export Services Of Call Centers
The Sindh Revenue Board (SRB) has exempted sales tax on services exported out of Pakistan rendered by call centers to… Read More
Finance Minister Directs To Form New Committee For Overseeing Capital Market TORs
The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the first meeting of the Capital Market Advisory Council… Read More
HBL Islamic Banking Becomes the First to Introduce Islamic Merchant Acquiring in Pakistan
HBL’s Islamic Banking and Edenrobe recently signed a Merchant Establishment Agreement in Karachi. The agreement was signed by Shahzad Babar,… Read More
Rupee Crashes to Its Lowest in 9 Months Against the US Dollar
The rupee continued its downward trend as it fell to a nine-month low against the US Dollar on Monday, owing… Read More
Pakistan Oxygen Ltd Plans to Invest Rs. 2.5 Billion for Setting up New Plant
Pakistan Oxygen Limited has planned to invest an amount of Rs. 2.5 billion as part of its expansion plans to… Read More
