The Pakistani rupee (PKR) lost further ground against the US Dollar third day in a row today after opening trade… Read More
Audit Exposes Over Rs. 20 Million in Unauthorized Payments to USF Employees
The Auditor General of Pakistan has uncovered irregularities involving the payment of Rs. 20.654 million to employees of the Universal… Read More
CDWP Approves Rs. 53 Billion Cancer Hospital Without Feasibility Study
The Central Development Working Party (CDWP) has approved 8 development projects worth of Rs. 144.3 billion during its meeting chaired… Read More
Rupee Loses Five Paisas Against US Dollar As It Nears 279
The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Petroleum Sales Down 14% in August 2024
Pakistan’s Oil Marketing Companies (OMCs) sales reached 1.21 million tons in August 2024. This represents a 14 percent YoY decrease,… Read More
These 5 Major Challenges Are Still Hurting Pakistan’s Economy
The Finance Ministry said Pakistan continues to face five major and persistent economic challenges, including fuel prices, poverty, and inflation.… Read More
Rupee Posts Losses Against US Dollar, Recovers Big Against British Pound
The Pakistani rupee (PKR) started September with losses against the US Dollar today after opening trade at 278 in the… Read More
AGP Raises Objections on Huge Irregularities, Illegal Expenditures, Anti-Competitive Practices in Defence Sector
The Auditor General of Pakistan (AGP) has unveiled significant financial irregularities, unauthorized expenditures, and non-transparent procurement practices in the defence… Read More
Karachi Ports Handle 76% of Country’s Exports: Report
Pakistan’s port city Karachi handles 76 percent of exports through its ports, including Port Qasim and Karachi Port East and… Read More
NHA Development Funds Slashed By 12%
A mere two months into the fiscal year, the government slashed the Public Sector Development Program (PSDP) 2024-25 allocation for… Read More
FBR Misses Tax Collection Target by Rs. 98 Billion in Jul-Aug
The Federal Board of Revenue (FBR) suffered a shortfall of Rs. 98 billion in tax collection during the first two… Read More
Pakistan’s Total Export Growth Outpaces External Debt
Pakistan’s total export growth has managed to outpace its external debt in the past five fiscal years, according to latest… Read More
