Despite the war between Russia and Ukraine, bilateral trade between the two countries swelled by almost $5.5 million to $28.2… Read More
16% of Total Sales Tax Collected Came From Electricity
Sales tax collection from electricity contributed 16 percent of the total sales tax collection (domestic stage/local supplies) during the first… Read More
Cut-Off Yield on T-Bills Up by 55 BPS
The cut-off yields on Market Treasury Bills (MTBs) were up by 40-55 basis points (bps) in the auction of the… Read More
Pakistan’s Gasoline Imports from China Surge 26.2%
Pakistan’s gasoline imports from China witnessed an increase of 26.2 percent year-over-year (YoY) from 395,000 MT in January-February 2021-22 compared… Read More
Rupee Hopelessly Plunges to Another Low Against US Dollar
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
Reko Diq to Increase Pakistan’s Exports by $3-4 Billion
Canada’s Barrick Gold will resume the Reko Diq project with a 50 percent stake while the remaining 50 percent will… Read More
Rupee Rings Alarm Bells After Crashing Against US Dollar Again
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
Pakistan and IsDB Sign $180 Million Agreements for Mohmand Dam
The Government of Pakistan and the Islamic Development Bank (IsDB) have signed three Framework Agreements amounting to $180 million to… Read More
World Bank to Provide $310 Million for Sindh Water and Agriculture Transformation Project
The World Bank (WB) will provide $310 million for the Sindh Water and Agriculture Transformation (SWAT) project to increase Sindh’s… Read More
PPL Plans Equity Investment in Reko Diq Project
Pakistan Petroleum Limited (PPL) has agreed, in principle, to make an equity investment of 8.33 percent in the Reko Diq… Read More
Large Scale Manufacturing Grow By 7.6% During First 7 Months of FY22
The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.6 percent for July-January 2021-22, compared to July-January 2020-21… Read More
Rupee Crumbles to New Low Against US Dollar as Oil Crisis Worsens
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
