It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
Pakistan is required, under WTO Trade Facilitation Agreement, to establish NSW by 2022.
Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
ISLAMABAD: Pakistan and Saudi Arabia are set to sign various Memorandums of Understanding (MoUs) to enhance bilateral cooperation in the fields of mineral resources,...
ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on Thursday and said the next stage of China Pakistan Economic Corridor...
Technocratic solutions are not enough; Pakistan needs to have major political parties agree on the broad contours of economic policy
We need to deregulate our cities to allow more construction and high-rise development
The government should formulate a clear trade strategy, and then subsidise industries that can compete globally
Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again
ISLAMABAD: As the government is already facing a revenue shortfall of Rs125 billion during the past six months due to the relaxation of taxes...
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity.
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.
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