President Arif Alvi approves mini-budget
President Arif Alvi on Wednesday accorded approval to Finance (Supplementary) Bill, 2023, generally known as the mini-budget. In accordance with...
Car prices in Pakistan surge by 149 pc to reach highest level
According to the Pakistan Business Forum (PBF), the prices of cars in Pakistan have skyrocketed by 149% to reach an...
The imports of agricultural and other chemicals decrease by 35.45 percent
Data released by the Pakistan Bureau of Statistics shows that imports of agricultural and other chemicals in the first seven...
Chinese bank approves $700m financing for Pakistan
Finance Minister Ishaq Dar reported on Wednesday that the Board of China Development Bank has authorized a $700 million facility...
Govt extends 100% regulatory duties on imported commodities
The federal government has extended the duration of 100% regulatory duties on several imported commodities. The Federal Board of Revenue...
Export of sports goods increases 25.51% in 7 months
During the first seven months of the current fiscal year (2022-23) compared to the corresponding months of the previous year,...
Foreign direct investment doubles to $222m on inflows from China, Japan
Following a net divestment in December 2022, foreign direct investment (FDI) increased significantly in January, rising from $110 million to...
Mini-budget likely to be passed in National Assembly today
Aisha Ghaus Pasha, a state minister for finance, stated on Monday that the National Assembly is likely to pass the...
Pakistan’s Real Effective Exchange Rate index falls to 92.8 in January
In January, Pakistan's Real Effective Exchange Rate (REER) dropped significantly from 96.2 in December to 92.8, as reported by statistics...
Pakistan’s current account deficit shrinks 90.2pc to $0.24bn in January
According to data released by the State Bank of Pakistan (SBP) on Monday, Pakistan's current account deficit decreased 90.19% to...