Beverage Industry Presents Tax Proposals for Budget 2024-25
Islamabad, May 22, 2024 – On Wednesday, the beverage industry presented its tax proposals for the upcoming budget 2024-25 to Finance Minister Muhammad Aurangzeb.
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Author: Mrs. Anjum Shahnawaz
J.P. Morgan Upgrades China’s Growth Rate to 5.2% for 2024
SHANGHAI, May 22, 2024—J.P. Morgan has revised its forecast for China’s economic growth in 2024, now estimating a 5.2 percent increase, up from the previous projection of 4.9 percent.
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Sindh Districts Experience Temperatures Up to 49 Degrees Celsius
Karachi, May 22, 2024 – The Pakistan Meteorological Department (PMD) reported on Wednesday that several districts in Sindh are experiencing extreme heat, with temperatures soaring to 49 degrees Celsius.
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Climate Change Causes Extreme Weather in Pakistan: PMD
Islamabad, May 21, 2024 (Pkrevenue.com) — Director General Mahr Sahibzad Khan of the Pakistan Meteorological Department (PMD) attributed the ongoing extreme weather conditions in the country to climate change.
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PMD Forecasts Heatwave for Plain Areas on May 22
The Pakistan Meteorological Department (PMD) has issued a heatwave warning for the plain areas of the country, forecasting significantly higher temperatures for Wednesday, May 22, 2024.
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Pakistan Records 13.7% YoY Fall in Power Generation in April
Pakistan experienced a significant decline in power generation in April 2024, recording a 13.7 percent year-on-year (YoY) fall. According to the latest data, the country generated 8,639 GWh (11,612 MW) in April 2024, down from 10,010 GWh (13,903 MW) in April 2023.
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NAC Approves Pakistan’s GDP Growth at 2.38% for 2023-24
Islamabad, May 21, 2024 – The National Accounts Committee (NAC) has approved the provisional growth rate of Pakistan’s Gross Domestic Product (GDP) at 2.38% for the ongoing fiscal year 2023-24.
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Pakistan’s IT Exports Surge 62% YoY in April 2024
Pakistan’s information technology (IT) sector marked a milestone in April 2024, with exports surging 62% year-on-year (YoY) to an impressive $310 million.
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Chinese, Saudi Officials Discuss Strengthening Economic Ties
He Lifeng, a senior Chinese official, met with Saudi Arabia’s Minister of Finance, Mohammed bin Abdullah Al-Jadaan, on Monday. The high-level talks focused on bolstering China-Saudi Arabia economic and trade relations, enhancing global economic governance, and addressing other pertinent issues.
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PMD Issues High Temperatures Warning for Sindh and Punjab
Karachi, May 20, 2024 – The Pakistan Meteorological Department (PMD) issued a warning on Monday, alerting residents of Sindh and Punjab to expect high temperatures from Tuesday, May 21, 2024.
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