To cover the estimated subsidy on gas/RLNG to export-oriented sectors from December 2021 to June 2022, the Petroleum Division will… Read More
FDI Shows a 20% Increase in First Half of FY2021-22
Foreign direct investments maintained an improved position compared to the preceding year, with inflows recorded over $1 billion during the… Read More
ECC Likely to Approve Rs. 5 Billion for 7th Population and Housing Census
The Economic Coordination Committee (ECC) of the cabinet is likely to approve Rs. 5 billion for the 7th Population and… Read More
Rupee Starts Depreciating Against the US Dollar Even After Mini-Budget
The Pakistani Rupee (PKR) reversed its winning streak against the US Dollar (USD) and posted losses in the interbank market… Read More
Pakistan Loses More than Rs. 40 Billion to Tyre Smuggling
Pakistan loses more than Rs. 40 billion every year to tyre smuggling alone, according to industry stakeholders who claim that… Read More
Pakistan’s Mobile Phone Imports Surge Despite Increase in Local Manufacturing
Pakistan imported mobile phones worth $1.09 billion during the first half (July-December) of 2021, compared to $938.819 million during the… Read More
Pakistan’s Petroleum Imports Swell by 113% in First Six Months of FY2022
Petroleum group imports witnessed an increase of 113.39 percent growth as it reached $10.18 billion in July-December 2021 compared to… Read More
Rupee Gains Against Major Currencies Despite US Holiday
The Pakistani Rupee (PKR) continued its winning streak against the US Dollar (USD) and posted gains in the interbank market… Read More
Govt to Probe Urea Shortage in Pakistan
The federal government has decided to conduct a study of the fertilizer sector. Sources told ProPakistani that the government made… Read More
Private Sector Borrowing Drops From 5.3% to 1.2% in 20 Years
Banks’ loans to the private sector dropped from 5.3 percent of GDP to 1.2 percent in the last 20 years,… Read More
SPI-Based Weekly Inflation Declines Due to Decrease in Food Prices
The Sensitive Price Indicator (SPI) for the week ended 13 January 2022 recorded a decrease of 0.43 percent, stated the… Read More
Remittances Surge to $15.8 Billion in First Half of FY22
The inflows of remittances maintained its sustainability from the recent past which continued to surge the overall values to a… Read More
