Govt misses targets for all key economic indicators in FY23
Govt team to launch Economic Survey tomorrow
Budget season in full swing in Islamabad as govt scrambles for public’s support
Prime Minister calls high-level meeting to discuss relief measures for the public with a tight budget on the cards
Govt approves 3.5% GDP growth target for fiscal year 2023-24
NEC approves Rs2.709 trillion Annual Development Plan for FY24
Govt borrows Rs41b per day on average during one year in office
Domestic borrowing went up by Rs7.635tr since April 2022
ECC accords approval for issuing Rs9.5b guarantee for Hyderabad-Sukkur motorway
TSG of Rs 402b in favor of Ministry of Economic Affairs for debt servicing also approved
Govt likely to authorise FBR to collect FED on digital services in provinces
The Federal government is likely to authorize the Federal Board of Revenue (FBR) to collect Federal Excise Duty on digital services in...
ECC likely to approve framework agreement with Azerbaijan’s SOCAR for LNG procurement
Pakistan set to take strategic step to secure cheaper LNG, enhance energy cooperation with Azerbaijan
Highs and lows: Toyota shuts down plant same week it unveils HEV
The company unveiled the new HEV in a star-studded assembly whilst announcing that it will be suspending production next week the very next day
Okayker sets target on car mechanics with $700,000 in seed funding
Company claims it will revolutionize Pakistan’s auto care industry.
Annual inflation has soared to its highest ever level of 38%. How did we get here?
Food staples, tobacco and transport take the biggest hit as living conditions for average citizens go from bad to worse
Pakistan could earn as much as $300m through PVC exports. But will our faltering economy allow it?
Non-conducive business environment becomes the barrier for the company to increase its local demand and improve exports
What is the reason behind the PKR’s sudden surge in the open market?
The open market rate of the PKR dropped by Rs 27 next to the US dollar
SBP says banks did “nothing illegal” but still showed “irresponsibility” in exchange rate manipulation inquiry
The SBP had launched the inquiry back in September 2022 to investigate whether banks had illegally profiteered off the exchange rate being left to float freely.
Could Custom Bonded Warehouses be the way to efficient petroleum imports?
Petroleum division suggests custom bonded warehouses for foreign suppliers as a possible stop-gap solution to import woes.
Are publicly listed companies increasing their share capital to avoid new taxes in the upcoming budget?
Companies are seeking to deplete their reserves by increasing dividends amongst shareholders in order to circumvent a forthcoming tax expected to be levied in the budget.