Economic Affairs Division Seeks Additional Rs. 196 Billion for Foreign-Funded Projects
The Economic Affairs Division (EAD) has requested an additional Rs. 196 billion ($664 million) to ensure efficient utilization of foreign-funded
FBR Has So Far Received 1.77 Million Income Tax Returns
The Federal Board of Revenue (FBR) has received 1.772 million income tax returns for the tax year 2024 as of
Foreign Direct Investment in Pakistan Rises by 51% in August 2024
Pakistan’s net Foreign Direct Investment (FDI) reached $214 million in August 2024, marking a 51 percent increase compared to $142
PSX Surges Past All-Time High After Crossing 82,000 Mark in Historic Rally
The Pakistan Stock Exchange (PSX) soared past the 82,000 mark for the first time in history, as bullish sentiment dominated
Pakistan’s Cotton Arrivals Hit 40-Year Low Amidst Multiple Challenges
In a significant downturn for Pakistan’s cotton industry, cotton arrivals have plummeted to a 40-year low as of September 15,
Car Financing in Pakistan Declines for 26th Consecutive Month
Car financing in Pakistan has experienced a continuous decline for the 26th month in a row, dropping by 18.3 percent
FBR Makes It Easier for Taxpayers to Get Extension for Filing Sales Tax Returns
The Federal Board of Revenue (FBR) has introduced a new “checklist” for processing condonation cases related to time limits for
Pakistan is Considering Setting up New Steel Mill Project in Karachi With Russia
The Pakistani government is considering a proposal to establish a new steel mill in Karachi with the cooperation of Russia.
State Bank of Pakistan Reports 11.5% Growth in Banking Sector’s Balance Sheet for H1CY24
The State Bank of Pakistan (SBP) has reported an 11.5 percent expansion in the balance sheet footing of the banking
Pakistan and Russia Sign MoU to Enhance Economic and Trade Cooperation
In a significant step towards strengthening economic and trade ties, Pakistan and Russia have signed a Memorandum of Understanding (MoU)
