Profit Repatriation up 88% in Q1 FY-25
Profit Repatriation up 88% in Q1 FY-25. $393.4 million in July-September 2024-25, marking an 84.7 percent increase compared to $212.9 million. Read More: Defence Savings Certificates Profit Rates March 2024…
Pakistan’s liquid foreign reserves at $ 16.01 bn
Pakistan’s liquid foreign reserves at $ 16.01 bn The total liquid foreign reserves of Pakistan stood at US$ 16,017.1 million as of October 18, 2024. Read More: SBP Reserves Climb…
Fitch Report on Pakistan Sees No Relief for Imran Khan
Fitch Report on Pakistan Sees No Relief for Imran Khan
IMF Recommends 18% GST to Raise Rs 1.3 Trillion
IMF Recommends 18% GST to Raise Rs 1.3 Trillion. IMF Proposes 18% GST Hike in Pakistan: Potential Boon or Burden? The International Monetary Fund (IMF) has proposed a significant shake-up…
China Decides to Roll Over $2bn Loan to Pakistan for 1 Year
China Decides to Roll Over $2bn Loan to Pakistan for 1 Year. China Extends Lifeline to Pakistan: $2 Billion Loan Rolled Over In a critical move for Pakistan's struggling economy,…
Pakistan Secures $315.6 Million in External Loans
Pakistan Secures $315.6 Million in External Loans in January 2024. In a notable economic development, Pakistan has obtained external financing totaling $315.59 million in January 2024, as disclosed in the…
Pakistan’s REER Index Hikes to 101.7 in January 2024
Pakistan’s REER Index Hikes to 101.7 in January 2024. According to data released by the State Bank of Pakistan (SBP) on Monday, Pakistan's Real Effective Exchange Rate (REER), a gauge…
PTEA Urges zero-rated GST on electricity for Export
PTEA Urges zero-rated GST on electricity for Export industries. Pakistan Textile Industry Seeks Relief: Refunds, Zero-Rated GST on Energy Bills The Pakistan Textile Exporters Association (PTEA) is urging the government…
Pakistan Asks China to Rollover $2 bn Loan
Pakistan Asks China to Rollover $2 bn Loan to assist the struggling economy. Pakistan Seeks Lifeline from China: $2 Billion Loan Rollover Request Raises Hopes for Financial Stability Balancing the…
Telecom Sector Revenue Grows 17%
Telecom Sector Revenue Grows 17% to Rs. 850 Billion in FY23. Pakistan's Telecom Blasts Off! 17% Revenue Surge Defies Economic Headwinds Good news for tech enthusiasts in Pakistan! Despite economic…
Pakistan to Benefit from Next Phase of CPEC
Pakistan to Benefit from Next Phase of CPEC: Interim PM Kakar Pakistan Embraces CPEC's Next Phase: Road & Air Links Pave the Way for Industrial Boom! Davos, Switzerland: Pakistan's caretaker…
IMF Asks Pakistan to Implement Gas Tariff Hike
IMF Asks Pakistan to Implement Gas Tariff Hike as soon as possible to comply with the loan terms. Pakistan Gas Hike: Brace for Inflation as IMF Demands More!Hold onto your…
UAE Extends $2 Billion Loans to Pakistan for 1 Year
UAE Extends $2 Billion Loans to Pakistan for 1 Year. Pakistan Secures $2 Billion Lifeline from UAE: A Breathing Space for the Economy Image: A handshake between the flags of…
IMF Greenlights $700 Million for Pakistan
IMF Greenlights $700 Million for Pakistan. Pakistan Secures $700 Million Boost from IMF: Economic Reforms Pay Off The International Monetary Fund (IMF) has greenlighted a $700 million loan tranche for…
Pakistan Faced 16% Decrease in Petroleum Product Sales
Pakistan Faced 16% Decrease in Petroleum Product Sales. Pakistan's Gas Guzzlers Hit the Brakes: Petroleum Sales Plummet 16% Hold onto your helmets, petrolheads, because Pakistan's love affair with petroleum products…
IMF & Pakistan Working For New Program
IMF & Pakistan Working For New Program. An IMF technical team is in Pakistan to discuss policy recommendations for a potential new program for the country. The team has met…
Illicit Economy of Pakistan
Illicit Economy of Pakistan has always been under discussion on different forums due to tumbling economic conditions. Beneath the vibrant façade of Pakistan's economy lies a clandestine world of illicit…
Pakistan Considers Ban Rs 5000 Banknote
Pakistan Considers Ban Rs 5000 Banknote to Combat Corruption and Inflation. In a groundbreaking move, PTI Senator Mohsin Aziz proposes discontinuing the Rs 5,000 currency note as a strategic anti-corruption…