Business
Business
Roshan Digital Account Hits $8 Billion in Remittances from Overseas Pakistanis
The Roshan Digital Account (RDA) from overseas Pakistanis have now exceeded $8 billion. According to the State Bank of Pakistan…
Unprecedented Petrol Price Increase Expected in Pakistan
Pakistan may experience an unprecedented rise in petrol prices, as the International Monetary Fund (IMF) has recommended that the government…
Pakistan’s Government Debt Expected to Surge by Over 10 Trillion PKR
Concerns are mounting as Pakistan’s government debt is projected to increase significantly in the upcoming fiscal year 2024-25. According to…
Pakistan’s Investment Hits 50-Year Low Despite Efforts to Boost Economy
Despite initiatives by the Special Investment Facilitation Council (SIFC) to stimulate investment, the investment climate in Pakistan has notably declined,…
Pakistani Onion Exports Surge to $210 Million Despite Local Price Hikes
Unprecedented onion exports fetched $210 million during July-April FY24, despite consumers facing record prices for the vegetable due to inflation.…
Power Division Briefs IMF on Tax Reduction and Solar Policy Changes
On Tuesday, Power Division officials informed the visiting International Monetary Fund (IMF) mission about changes in the solar power policy.…
Mobile Imports Surge by 438%, Rice Exports Up 76% in Pakistan
During the first ten months of the current fiscal year 2023 - 24, Pakistan experienced a significant increase in imports…
Pakistan Government Evaluates IMF-Recommended Sales Tax on Medicines
The federal government of Pakistan is evaluating a proposal the International Monetary Fund (IMF) recommended to implement a sales tax…
Gold Hits Record High After Iranian President’s Death
The price of gold hit a record high on Monday due to the shock death of Iranian President Ebrahim Raisi…