Tag: Business
Trading with the Enemy?
When on August 5, 2019, India unilaterally scrapped the symbolic autonomous status of occupied Kashmir to make it part of its union territory, Pakistan’s...
Pakistan’s reserves further dip to $10.3 billion
Higher imports and external debt payments continue to take a toll on Pakistan’s foreign exchange reserves.According to data released by the State Bank of...
No change in trade policy with India
The Ministry of Commerce clarified that there was going to be no change in Pakistan’s policy on trade with India.The Ministry of Commerce manages...
Pakistan’s exports to Italy increase 35% to $758 million in 3 quarters
Pakistan’s exports of goods and services to Italy witnessed an increase of 35.58 percent during the first three quarters of fiscal year (2021-22) as...
Finance minister appreciates FBR on 28.7% growth in revenue
Federal Minister for Finance and Revenue, Miftah Ismail has appreciated the Federal Board of Revenue (FBR) for achieving 28.7 per cent growth in revenue,...
Saudi Arabia affirms support for Pakistan, augmenting $3 billion deposit
Pakistan and the Kingdom of Saudi Arabia have affirmed their stance to consolidate security and stability, renounce violence, extremism and terrorism, support the unity...
Newly established EAC lacks charter of economy: PBC
Barely two days after the finance ministry notified the establishment of the Economic Advisory Council (EAC) aim to review and formulate economic policies in...
Pakistan has ‘strategy’ to boost shrinking forex reserves: Miftah Ismail
Despite its fast-shrinking foreign exchange reserves which will inhibit imports of essential fuel, cooking oil and pulses, Pakistan says it will not be in...
No fresh borrowings from SBP, clarifies finance ministry
The Ministry of Finance has clarified that there had been no fresh borrowings by the government from the State Bank of Pakistan (SBP).“In fact,...
‘Govt aiming to bring economic stability’
Federal Minister for Finance and Revenue Miftah Ismail has said that the government was aiming to bring about economic and fiscal stability leading to...