Revised customs duty structure on imports from SAARC states
The government of Pakistan has revised the customs duty structure on the import of certain goods from SAARC member states,
Pakistan’s trade deficit declined by 18 percent in July 2022
According to Pakistan Bureau of Statistics (PBS), trade deficit of Pakistan is declined by 18 percent in July, 2022. Reduction in import bill may...
Pakistani Rupee starts showing signs of life
For the second consecutive trading day, the Pakistani rupee has been stable. Rupee has shown a recover of 0.19% against the US dollar.
Last step taken towards the IMF bailout programme
After fulfilling various stringent conditions posed by the International Monetary Fund (IMF), after the recent hike in petroleum development levy (PDL), Pakistan has completed...
PIDE’s Charter of Economy: economic roadmap the country is in need of
PIDE has published “PIDE’s Charter of Economy” which is referred as “economic roadmap” the country is in dire need of.
Pakistan has weathered the storm: Miftah Ismail
Finance Minister, Miftah Ismail considers progress on stalled IMF loan and cuts in spending as escape from current economic crisis in Pakistan without diving...
Bill & Melinda Gates Foundation invests $11 mn in Pakistani start-up
OneLoad, a subsidiary of Systems Limited, received $11 million in funding from the Bill & Melinda Gates Foundation.
Important facts about Pakistan’s Strategy for Navigating FY23: SBP and MoF
In order to strengthen Pakistan’s foreign exchange reserves position, it is important for Pakistan to be slightly overfinanced relative to these needs.
Port Qasim coal-fired power station proposed using RMB
The Port Qasim coal-fired power station has proposed using RMB to purchase coal in order to relieve pressure on dollar.
Insights of the news “Pakistanis among top 10 buyers of Dubai property”
Dubai's red hot property market boomed in the first half of the year as investors flocked in, with Pakistanis among top 10 buyers of Dubai property.
Pak Suzuki comes up with something new!
Pak Suzuki showcased brand-new series of magnificent cars at the Pakistan Auto & Parts Show 2022.
Dollar flight: plane with 245 suitcases full of dollars took off
The scarcity of dollars in Pakistan is causing a schism in the foreign-exchange market, with banks giving rates that differ from the interbank market.